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
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
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread 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
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
U.S. government debt prices climbed on Friday, sending yields lower, after European Central Bank President Mario Draghi announced a bigger-than-expected stimulus program that is expected to support U.S. and European bonds.
In an effort to bolster the euro zone economy, Draghi said on Thursday that the central bank would make both public and private bond purchases of as much as $70 billion a month, starting in March and running to September 2016.
The 10-year benchmark Treasury yield fell to 1.814 percent after closing at 1.896 percent on Thursday. Thirty-year bonds yielded 2.387 percent, down from 2.54 percent before the ECB announcement and the close of 2.47 percent Thursday.
Italian and Spanish 10-year bonds fell to new record lows Friday, while the euro skidded to a fresh 11-year low against the dollar.
In other news, Saudi Arabia's King Abdullah died early on Friday and his brother Salman has been named king. Investors will be keeping a close eye on the oil-exporting nation and what the succession means for crest-fallen commodity.
Heads of state and government join global business leaders for the third day of the World Economic Forum in the Swiss mountain resort of Davos. George Soros, U.K. Finance Minister George Osborne and German Finance Minister Wolfgang Schäuble are due to take part in a CNBC discussion on the future of Europe at 7 a.m. ET.