Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME from the notepad of the show's senior executive producer.
If we here at Squawk could put one person in charge to fix America's health care problems, it might just be Mark Bertolini. The Aetna CEO came on the set this week and explained the problems and the challenges the health-care insurance sectors face in a way few can. We broke up the interview into a few parts with the links below. If you watch all three, you'll walk away with a much wider view of why America's health-care system is so hard to reform correctly.
If we just nominated Mark Bertolini to fix America's health-care system, then we suggest the first person he hires to help him is Toby Cosgrove, CEO of the Cleveland Clinic. He joined Bertolini with us on-air this week to discuss the impact of the Affordable Care Act on patients, including what they will pay and the resulting strain on the nation's Medicare and Medicaid systems.
It's the buzzword of the month in both business and political circles, which shows you things really aren't all that exciting in the news cycle at the moment when corporate tax inversions are front page news. David Gelles, The New York Times reporter, came on this week to discuss how businesses view relocating overseas to escape higher corporate tax rates in the U.S., and weighed in on the chances Congress will pass legislation to limit the phenomenon.
OK, this special report by Eamon Javers about highway safety and long-haul trucking is really too important not to post for everybody to see again and share. Please drive safe everybody.
This new technology by Hologic might change the entire experience of mammograms, and significantly reduce the number of false positives that have caused a nationwide debate on how often and what age women should start getting regular screenings. The CEO of the company explained how it works.
OK, only "Squawk Box" can go from earnings and fixing America's health-care system to sharks attacking New York City inside a rogue tornado system. But yes, "Sharknado 2: The Second One" debuted this week and we embraced it like a shark in a tank full of Tuna. It was a low-budget movie project that exploded into the big time thanks to a very successful social media campaign. The star of the original "Beverly Hills, 90210" TV series Ian Ziering has a leading role in the movie and he came on the show to give us some insight into this shark-tornado sensation and how Sharknado 3 has already received the green light.
Our Joe Kernen wasn't here this week for the Ian Ziering interview and the whole "Sharknado 2" media storm. But that doesn't mean he's not angling for a part in "Sharknado 3." Check out Joe's close-up, courtesy of our Squawk Director @PaulDeFabo and Technical Director @Keith_Falcone.
Meanwhile, we overheard this the set.
Anchor No. 1: "Yeah, I'm actually in 'Sharknado 2.'"
Anchor No. 2: "Cool, are you getting royalties?"
Anchor No. 1: "Royalties? No! I run down the street and I think I get eaten."
@Joe kernens_hair (After a long hiatus, the hair is back! And the Twittersphere is better for it!)
@powerrosssorkin (Because he lists www.kansasband.com as his official webpage ... any fan of the show who is also a fan of our favorite band @kansasband is a fan of ours.)
@morningmoneyben (Ben White's "Morning Money" newsletter at Politico is on our daily must read list and that's not just because he's now on the payroll.)
MLS is coming to the Big Apple.
New York City Football Club's Tim Pernetti (@timpernetti) discusses the growing popularity of soccer in the U.S. after the World Cup. The new team will play at Yankee's Stadium. The New York Red Bulls actually play in New Jersey.
The word Jumble is suspended while Joe is on vacation. But to keep everybody fresh, here are their weekly bonus words. Joe's word is YECOOT. Becky's word of the week is GEELUA. You can find the answers at the end of the blog.
The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom.
—Isaac Asimov (1920-1992), science fiction author, professor of biochemistry at Boston University
*Joe's Jumble bonus word answer: YECOOT = COYOTE
*Becky's Jumble bonus word answer: GEELUA = LEAGUE
—By CNBC's Matt Quayle