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
McDonald's appointment of its first U.S. vice president of digital is the latest step in a widespread revamp the burger chain sees as key to reaching its audience.
Julia Vander Ploeg joins the Golden Arches from Ticketmaster as a member of its Global Digital Team. This group is focused on customer engagement, e-commerce, service delivery and digital content, according to the company's website.
"Julia's newly created position will advance McDonald's efforts in the digital space," spokeswoman Becca Hary said in an email.
Current job postings in the company's global digital unit hint at what could be ahead for the team.
A listing for a product director for music and entertainment says the role would include crafting the strategy and product roadmap "for a variety of digital music and entertainment experiences that McDonald's will provide to customers."
In addition to negotiating contracts with the music and entertainment industries, this person would also "establish multi-channel music and emerging entertainment programs to reward our most enthusiastic customers and drive frequency." McDonald's declined to share more about the position.
Driving foot traffic has proved to be a problem both for McDonald's and the restaurant industry at large. The company noted second-quarter traffic dropped across all major segments while global comps were relatively flat. Earlier this month, it noted that an earlier forecast of relatively flat global comps for the full year "is now at risk" due to a China supplier issue.
Another posting refers to its ongoing loyalty initiatives. One responsibility of a loyalty product director would be to "establish multi-channel loyalty programs to reward our most enthusiastic customers and drive frequency."
A UX/interaction designer's responsibilities would include delivering "design assets for new feature/functionality of shopping experiences (web, mobile, kiosk) and other forms of consumer engagement (games, etc)."
Another for a release manager related to McDonald's e-commerce platform details how McDonald's plans to "revolutionize" how it interacts with customers by "removing physical boundaries to allow our customers to connect to and order McDonald's any time or place, globally." The role would be in charge of release management of the e-commerce platform and a global mobile ordering app.
The company is already testing mobile ordering in the Columbus, Georgia, market while the McD App, which is available in more than 2,000 U.S. restaurants, sends customizable offers to redeem.
Parts of Australia already offer mobile ordering.
On its recent earnings, McDonald's stressed the importance of connecting with its customers digitally.
"We're also accelerating our digital efforts, as we've talked about before, leveraging learning from markets like France and Australia, who are now executing some elements of our e-commerce digital strategies," said CEO Don Thompson on the company's last earnings call. "We're also testing various additional elements of our strategy in other markets, like the U.S, Sweden and the U.K., as we refine and execute our global digital vision."
Thompson already has said the company plans to place greater emphasis on digital in its media mix.
To that end, McDonald's opened a San Francisco outpost in June. Far from its Midwest roots of Oak Brook, Illinois, the company wants "to create a presence in the heart of the tech community" and enable it "to attract world-class talent from the digital industry," Hary said.
—CNBC's Katie Little