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
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
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
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread 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
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
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
Speaking at a conference in his hometown of Hope, AR, Huckabee said "We need the kind of change that really could get America from hope to higher ground."
Huckabee, an ordained Baptist pastor, is the third Republican to enter the race this week. Former neurosurgeon Ben Carson and ex-Hewlett-Packard CEO Carly Fiorina also announced plans to run this week. He is the sixth GOP candidate to officially enter the race.
The ex-governor repeatedly acknowledged his humble beginnings. "I don't have a global foundation or a taxpayer-funded paycheck to live off of," he said. "I don't come from a family dynasty, but a working family. I grew up blue collar, not blue blood."
Huckabee vowed to eliminate the Internal Revenue Service, which he referred to as "the biggest bully in America."
"As president I will work to pass the fair tax," he added, saying it wouldn't penalize for their savings and would put an end to government bailouts.
The tax system is not punishing the rich "it's the people working for wages who can't get ahead if the government penalizes them for trying to do better," he said.
"I put America and its workers first. Too many in the political class put Wall Street and Washington elites first. They aren't fighting for American workers," Huckabee wrote in an op-ed in Iowa's Des Moines Register in March.
Current AR Gov. Asa Hutchinson praised his candidacy, calling Huckabee a "proven leader"who is steady on his convictions and values.
Huckabee won the Iowa caucuses in 2008, but eventually lost out on the GOP nomination to Sen. John McCain.
--Reuters contributed to this report.