European stocks are set to begin Tuesday's session mixed as traders monitor a slew of earnings reports.

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Former Wells Fargo CEO Richard Kovacevich says the depressed valuations for banks and other financial firms mean "this is the time" for acquisitions and mergers in the industry.

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Both companies report earnings on Aug. 8, so the CBS and Viacom boards have set that as a natural deadline to agree to a merger. Price won't be discussed by the companies until the end of negotiations, sources say.

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Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.

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The Guggenheim CIO says he had been approached by the White House about possibly joining the Federal Reserve.

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Charles Schwab is in talks to buy USAA's brokerage and wealth-management operations for about $2 billion, The Wall Street Journal reported.

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Names on the move ahead of the open.

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Of the S&P 500 companies that have reported so far, more than half of them cited a strong greenback as a headwind.

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Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch Libra, says outgoing U.K. Finance Minister Philip Hammond.

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The "Options Action" traders share which stocks they're watching this week.

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Citigroup says gains from the Tradeweb IPO offset declines in trading and investment banking in the second quarter.

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Names on the move ahead of the open.

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European stocks returned to positive territory Monday afternoon, during a choppy session amid worries China's economy is slowing due to a trade war with the U.S.

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Bitcoin is still up more than 160% since the start of the year, despite the recent pullback.

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Wilmington Trust's Meghan Shue says the market is overestimating the Fed's ability to support the economy.

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