Amazon and Best Buy partner to sell smart TVs

Best Buy is thriving thanks to strong sales of TVs, smartphones and other gadgets. A new deal with Amazon to sell 4K and HD sets with Amazon's Fire TV built in could be another boost. But Amazon faces tough competition in streaming.

Starbucks Howard Schultz Ashamed by arrests at Philadelphia store

"Many people in America are not prepared to talk about race," Starbucks founder Howard Schultz said.

Bed Bath Beyond is in serious trouble

Credit ratings agency Standard & Poor's downgraded Bed Bath & Beyond to just one level above junk bond status. The struggling retailer faces intense competition and S&P warned that it may have to cut its rating on the company again.

Most investors think 2018 is the peak year for stocks

Fifty-eight percent of global money managers surveyed by Bank of America Merrill Lynch think the stock market has already peaked or will later this year.

Former Obama economist Austan Goolsbee joins Quest on Markets Now

President Obama's former chief economic adviser Austan Goolsbee will join Richard Quest on CNNMoney's "Markets Now" on Wednesday.



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