The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
E-cigarette maker Juul Labs Inc.'s sales have been halted on two websites in China, just days after it launched in the world's biggest tobacco market.Biotech and Pharmaceuticalsread more
Investors might be wary that gasoline prices will continue to rise, and are looking to take back profits by selling off shares.Retailread more
The Trump administration move on California's auto emissions standards would likely set up a fight between the White House and the state.Politicsread more
"I feel really confident that defense-minded CEOs, when they are on defense, they're going to come to" flexible offices and away from traditional leases, Knotel CEO Amol Sarva...Commercial Real Estateread more
Fanatics has hired Michener Chandlee, Nike's corporate audit and chief risk officer, to become its chief financial officer, succeeding Lauren Cooks Levitan, CNBC has learned.Retailread more
President Barack Obama met on Wednesday with chief executives of major banks to discuss the government shutdown and the looming deadline to raise the nation's debt limit, the White House said.
Bank chiefs included Lloyd Blankfein of Goldman Sachs, Michael Corbat of Citigroup, Jamie Dimon of JPMorgan Chase & Co, and Brian Moynihan of Bank of America. The meeting was set for noon EDT.
Congressional Republicans and the White House are in a stalemate over government funding,which has forced the first government shutdown in 17 years. Republicans,seeking to stop Obama's signature health care law, have tied spending bills for the fiscal year that started Oct. 1 to defunding or delaying the law, a course rejected by the president and his fellow Democrats.
While the government closure has already had repercussions from frustrated tourists turned away from national parks to canceled stops on Obama's Asia trip, the deadline for raising the nation's debt limit poses a much graver risk.
If Congress fails to raise the $16.7 trillion borrowing cap, the United States would go into default, likely triggering financial market shock waves around the world.
Conservative Republicans have signaled they will take the same tactic on the debt limit as they did on government funding by seeking to dismantle or put off the healthcare law. The president has refused to negotiate over raising the debt limit.
Also due to attend the meeting with the president and Vice President Joe Biden are Robert Benmosche of AIG, James Gorman of Morgan Stanley, and John Stumpf of Wells Fargo, among others.