The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
Slack Technologies' reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.Technologyread more
With the Federal Reserve deciding not to cut interest rates but leaving the door open for future cuts, experts are split on what comes next.Trading Nationread more
"Human error" caused an outage in Nasdaq index data for 44 minutes Tuesday afternoon, the exchange said.
"The disruption was caused by a human error performing an operational function which resulted in the incorrect delivery of data to the index distribution system," Nasdaq said in a statement.
Before the freeze, the Composite index last stood at 3,940.02. Once it resumed, it rose 3 points to 3,943.
Nasdaq also reported at one point that some options had halted trading because of a lack of index data.
The exchange said the problem stemmed from a data dissemination platform called GIDS 2.0, or Global Index Data Service. It launched in April 2012, according to technical documents on the Nasdaq website.
The last major outage, August's "flash freeze," had to do with a platform called the SIP, or security information processor. That is the network that carries the quotes and trades for Nasdaq.
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