Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Satellite imagery suggests that North Korea has restarted a research reactor capable of producing plutonium for weapons at its Yongbyon nuclear complex, a U.S. research institute said on Wednesday.
U.S.-Korea Institute at Johns Hopkins School of Advanced International Studies said a satellite image from Aug. 31 shows white steam rising from a building near the hall that houses the plutonium production reactor's steam turbines and electric generators.
"The white coloration and volume are consistent with steam being vented because the electrical generating system is about to come online, indicating that the reactor is in or nearing operation," said the Washington-based institute.
(Read more: Inside North Korea's not so isolated economy)
The reactor can produce 6 kilograms (13.2 lbs) of plutonium a year, the report added.
There was no immediate comment on Wednesday from the International Atomic Energy Agency (IAEA), the U.N. nuclear watchdog.
A spokesman for the State Department's Bureau of East Asian and Pacific Affairs declined to respond the report, citing a policy of not commenting on intelligence matters, but said Pyongyang's "nuclear program remains a matter of serious concern."
The spokesman repeated Washington's longstanding call for North Korea to comply with a 2005 aid-for-disarmament agreement signed by North Korea, its neighbors and the United States. Under that pact, Pyongyang would have dismantled its nuclear program in exchange for economic and energy aid.
North Korea has conducted three nuclear tests since 2006.
"Acknowledging that we are not completely certain yet, this is very disappointing but not at all unexpected," James Acton, an analyst for the Nuclear Policy Program at the Carnegie Endowment for International Peace, a Washington think tank.
(Read more: Rodman: North Korea's Kim is my 'friend for life')
"It's not unexpected because we've been able to see for months through satellite imagery that North Korea has been working on repairing the five-megawatt electric reactor," he said in a telephone interview.
Pyongyang announced in April that it would revive the aged Yongbyon research reactor that yields bomb-grade plutonium but stressed it was seeking a deterrent capacity.
"Another slap in the face"
Nuclear experts said at the time it would probably take about half a year to get the reactor up and running if it had not suffered significant damage from neglect.
The Yongbyon reactor has been technically out of operation for years. In 2008 the North destroyed its cooling tower as a confidence-building step in the six-nation talks.
"Restarting it is another slap in the face to the international community, indicating that North Korea has no intention whatsoever of abandoning its nuclear weapons," Acton said.
(Read more: North Korea Moves Two Missile Launchers: Report)
North Korea said in July it would not give up its nuclear deterrent until Washington ends its "hostile policy" towards Pyongyang, although it was ready to revive nuclear talks.
The country tested a nuclear weapon in February and spent the first three months of 2013 issuing bellicose threats including a warning that it would launch a nuclear attack against the United States and South Korea.
Recently, however, Pyongyang has been on what analysts describe as one of its periodic charm offensives, agreeing with Seoul on Wednesday to re-open a shuttered industrial park on a trial basis. The Kaesong industrial zone lies inside North Korea and was closed when Pyongyang pulled its 53,000 workers out in April amid rising tensions.
The Johns Hopkins report was released as U.S. Special Representative for North Korea Policy Glyn Davies was on the Tokyo leg of a Sept. 8-13 tour of South Korea, China and Japan for consultations on policy toward Pyongyang.