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
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread 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
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread 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
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future...Food & Beverageread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Sundar Pichai's note reads like a response to growing scrutiny from regulators, press and employees, and echoes a consistent theme of how Google helps people.Technologyread 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
The hotel bar isn't what it used to be. Well, it's not what it used to be maybe a decade ago, but it is more likely to be what it was nearly a century ago.
"Bars were previously a holding space," said Emily Wines, the master sommelier and senior director of beverage programs at Kimpton Hotels. "We've had a shift in how we look at our bars."
Boutique hotels and even many of the big chains have invested in their bars as a way to stand out and bring in more travelers as well as locals.
(Read more: St. Regis wants all eyes on its $90 million makeover)
"Now that the economy is coming around, people are spending more on drinking as opposed to just drinking free wine at wine hour. They're coming and drinking, they're entertaining, they're coming in with a group," Wines said. "I would say it started to pick up about two years ago and within the last year we're seeing more momentum, spending more across the board at our hotels, restaurants, weddings."