Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."Technologyread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.Technologyread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
Facebook has come a long way since it was founded in a Harvard dorm room 10 years ago. The social media giant is now worth $210 billion and, by the looks of it, has no intention to slow down.
Here are eight remarkable facts about the social network.
1. Facebook has the same amount of monthly users (1.35 billion) as China—the world's most populous country— has people.
2. There are more than one trillion posts on Facebook.
3. At 1.35 billion, Facebook has more monthly active users than WhatsApp (500 million), Twitter (284 million) and Instagram (200 million)—combined (it owns Instagram and WhatsApp, to boot). The social giant spent $20 billion over the last two years on WhatsApp and Instagram.
4. More than 1.1 billion people use Facebook on a mobile device on a monthly basis. That's 1/7 of the people on planet Earth.
6. Facebook has 1 billion more users than Twitter has.
7. Apple is sitting on $155 billion, which is enough cash to purchase seven WhatsApps. Facebook scooped up the mobile messaging app for what is now $22 billion.
8. Facebook has 1.5 million active advertisers, COO Sheryl Sandberg told CNBC.