"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
U.S. aviation officials believe a bird strike may have led to the deadly crash of an Ethiopian Airlines Boeing 737 Max in March, according to a person familiar with the...Aerospace & Defenseread more
CNBC's Jim Cramer says Morgan Stanley cutting its worst-case forecast on Tesla so drastically from $97-per-share appears to be a gimmick.Investingread more
The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have filed 23 new complaints against...Restaurantsread more
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of...Real Estateread more
The move, which was expected, has set up an early legal test of the president's strategy of fighting off congressional oversight by rejecting the legitimacy of subpoenas he...Politicsread more
"Let me be clear: this committee will hear Mr. McGahn's testimony, even if we have to go to court to secure it," Nadler said.Politicsread more
Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products.Autosread more
The Fed should take its cues from falling bond yields and lower short-term interest rates, says conservative economist Art Laffer.Economyread more
Leuthold Group's Jim Paulsen sees a silver lining as the U.S.-China trade war rattles the market.Trading Nationread more
The FDA struck the wrong balance on its oversight of the e-cigarette industry, former commissioner Scott Gottlieb said Tuesday at CNBC's Healthy Returns conference.Healthy Returnsread more
Just when Wall Street thought the party was over, the Fed flipped the switch back on, leaving its easy money policy unchanged.
The sharp rally following the Fed's announcement Wednesday signaled a more positive time for risk markets ahead. Analysts say that, in general, the Fed's move should drive more gains for stocks, but the market will not be without its lumps in coming weeks, particularly as Congress wrangles over the debt ceiling. There is also the issue of a market that very quickly began to look overbought, with more than a quarter of the S&P 500 stocks surging to new highs Thursday.
(Read more: Buffett: Stocks now 'more or less fairly priced')
Stocks caught their breath after Wednesday's sharp race to new highs. The S&P 500 was down 3 points at 1722, while the Dow off 40 at 15,636. The best performing sectors were tech, industrials and consumer discretionary.