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
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
Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called LibraThe Fedread 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
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
Resident "Fast Money" crypto expert Brian Kelly breaks down the major differences between bitcoin and Facebook's new cryptocurrency Libra.Fast Moneyread more
Oracle found revenue growth from cloud applications in its fiscal fourth quarter, which helped it surpass analysts' expectations.Technologyread more
The vote makes Mexico the first of the three countries to win legislative approval for the trade agreement.Politicsread more
American Airlines is the first major U.S. airline to order Airbus' new long-range, single aisle aircraft.Paris Air Showread more
Take a look at some of Thursday's midday movers:
Electronic Arts tumbled in wake of "Battlefield 4" problems, one of its biggest franchises.
J.C. Penney fell after Wells Fargo maintained an underperform rating on the retailer.
Twitter gained on news it was launching a new type of targeted ad that aim to change how advertisers convince consumers to spend.
Jack in the Box rose after Wedbush upgraded the fast-food chain to outperform from neutral.
Francesca's Holdings fell after the specialty retailer posted a decline in same-store sales and guided fourth-quarter results below consensus views.
Celgene gained after UBS upgraded the stock to buy from neutral.
Puma Biotechnology soared on positive data from the Phase II clinical trial of its experimental breast-cancer drug.
J.M. Smucker lost ground when Wells Fargo downgraded the stock to underperform from market perform.
Conn's gained after the appliance retailer posted double-digit gains and hiked its earnings estimates for the year.
Exxon Mobil fell after Raymond James downgraded the stock to outperform from strong buy, citing valuation.
Sprint climbed after Nomura Securities upgraded the stock to buy from neutral.
Paychex slid after Morgan Stanley began coverage with an underweight rating.
Arkansas Best rose after the company disclosed in an SEC filing it plans to consolidate 22 trucking terminals into nearby facilities, and save as much as $25 million a year. JP Morgan upgraded the stock to neutral.
Korn/Ferry rose after its second-quarter profit surged, boosted by an increase in revenue from the company's leadership and talent-consulting business.
(Read More: )
—By CNBC's Rich Fisherman.
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