Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Tesla shares are nearing Morgan Stanley's price target but the firm isn't sure how to tell investors to value Elon Musk's company.Investingread more
Companies are increasingly willing to pay for employees to go to the doctor. Uber is partnering with Grand Rounds, a start-up that sells into the employer channel, to make it...Technologyread more
But it's still unclear when the currently stalled trade negotiations between the two economic superpowers will restart, Lighthizer said.Politicsread more
Apple's iOS 13 update, which will be available in the fall for iPhones, will let Siri read your text messages to you through your AirPods. Here's how to set it up.Technologyread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
Facebook is leading the FANG stocks this year, and Miller Tabak's Matt Maley foresees more upside.Trading Nationread more
Ford says its 2020 Mustang Shelby GT500 has 760 horsepower and 625 foot-pounds of torque, making it the most powerful street-legal Ford.Autosread more
Beyond the bipartisan budget deal awaiting President Barack Obama's signature, nothing significant to address the nation's debt will be done in the next year, predicted Erskine Bowles, former co-chair of the president's debt commission.
"I think this is it," he said on CNBC's "Squawk Box " Thursday. "I'm not in the hallelujah chorus on this deal. This is a really tiny, small deal, but it is a step in the right direction."
The Senate approved the two-year agreement on sequester spending cut relief Wednesday. Nine Republicans sided with all 55 members of the Democratic Conference, which includes two independents. The bill passed easily in GOP-controlled House last week.
(Read more: US Senate votes toapprove Ryan/Murray budget deal)
Bowles pointed out, 'It doesn't do a darn thing to reform the entitlements in a manner that we can actually bend the health-care cost curve and slow the rate of growth. "Nor does it do anything to make social security sustainably solvent."
"We have the same big challenges ahead of us that the Congress has been unwilling to deal with," he continued, adding that the threat of "default out there will lead to great uncertainty."
While the budget deal avoids the prospect of a January government closure, tea party conservatives are already gearing-up for a new debt ceiling fight. The temporary agreement that ended the October shutdown only extended the nation's borrowing authority until Feb. 7.