The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Federal Reserve members engaged in heated debate in September before ultimately deciding not to ease back on their monthly bond-buying program, according to the minutes from the latest Fed meeting.
The sheer 12-page length of the document reflected a depth of discussion that focused on whether the economy was strong enough to wind down the buying, as well as whether the Fed was being as clear as it should be with its policy statements.
"All members but one judged that it would be appropriate for the Committee to await more evidence that progress would be sustained before adjusting the pace of asset purchases," the minutes said.
The decision to begin pulling back on the $85 billion a month in purchases of Treasurys and mortgage-backed securities was "a relatively close call" for "several members" who were concerned that financial markets had come to expect an unwinding, or tapering.
(Read more: More yelling over Yellen? The coming battle royale)
Fed Chairman Ben Bernanke had been indicating since May that the central bank was ready to start the tapering process of quantitative easing.
Interest rates crested higher over the summer and equity markets were volatile.
Bernanke, though, had stressed that a decision was dependent on growth, and the economic signals were mixed at best.
"During the exchange of views on whether to trim the flow of asset purchases at this meeting, a number of members emphasized the contingent and data-dependent nature of the Committee's purchase program," the minutes state.
"In light of the mixed data recently, including inflation readings that remained below the Committee's longer-run objective, and the concerns over near-term fiscal uncertainties, some members indicated that they preferred to await more evidence that their expectation of continuing improvement would be realized.
Markets reacted little to the peek behind the scenes of the Fed's deliberations, with stocks mixed but mostly higher and bond yields ticking up as well.
"The Fed believes two things: they still think QE works and they're definitely afraid of pulling back too early," Peter Boockvar, chief market analyst at The Lindsey Group, told CNBC. "My answer to that is QE does not work in influencing the economy and it will not ever be a good time to remove QE because interest rates will head higher when that happens."
(Read more: Cramer: Yellen 'everything our country has to offer')
In addition to three rounds of quantitative easing and another round of buying and selling an equal amount of bonds—known as Operation Twist—the Fed has kept its policy rate near zero.
It has set a 6.5 percent unemployment rate and 2.5 percent inflation as barriers before it will begin raising its rate; both metrics are well off those targets.
Esther George was the sole Fed Open Markets Committee member to vote against the QE decision, reasoning that economic progress was "sufficiently positive" to taper.
for the latest on the markets.