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
Check out which companies are making headlines before the bell:
Anheuser-Busch InBev—Moody's assigned an A2 rating to the beer brewer's bonds, with a "positive" outlook, pointing to the company's wide brand portfolio and leading market position.
Coty—Wells Fargo downgraded Coty to "market perform" from "outperform," despite a positive view of Coty's purchase of Procter & Gamble's beauty products brands. Wells Fargo notes that the potential for the transaction—which had been rumored for weeks—has already been factored into Coty's share price.
Costco—Oppenheimer upgraded the warehouse retailer to "outperform" from "perform," saying current levels represent an attractive entry point given a potential rise in membership fees and the end of a recent increase in IT spending by the company.
LinkedIn—Mizuho began coverage on the business social network operator with a "buy" rating, calling it its top midcap stock pick. The firm said LinkedIn has morphed into a major media company providing professionals with valuable insights and tools.
JDS Uniphase—The network components maker expects the planned spinoff of its communications and commercial optical products business to be completed during the third quarter. The business will become a separate, publicly traded company called Lumentum Holdings.
Gap—The apparel retailer reported a 1 percent drop in June same-store sales, more than the Thomson Reuters estimate for a 0.5 percent drop. The company is in the process of overhauling its Gap brand, where same-store sales were down 5 percent. Banana Republic same-store sales rose 1 percent, while Old Navy also saw a one percent increase. UBS has now downgraded Gap to "neutral" from "buy," saying it doesn't see sustainable sales improvement until early in 2016.
Barracuda Networks—The cybersecurity and storage company beat estimates by 1 cent with adjusted quarterly profit of 9 cents per share, with revenue also above estimates. However, gross billings—a sign of future demand—were well below Street forecasts.
InterContinental Hotels—The hotel operator sold its Hong Kong operation to an investment consortium for $938 million and is considering returning some of those proceeds to shareholders.
Walgreens Boots Alliance—The drug store chain settled an improper billing case with New York State Attorney General Eric Schneiderman's office for $22.4 million.
United Continental—The airline is predicting that its second quarter profit margins will come in at the lower end of its earlier outlook, with a strong dollar hurting overseas traveler demand.
General Electric—GE will seek initial bids for its Japan leasing business in late August, according to a Bloomberg report. That unit has $4.1 billion in assets.
Facebook—Facebook is in the early stages of seeking music video licensing deals with record labels, according to The New York Times.
Zillow—Zillow announced the resignation of Chief Financial Officer Chad Cohen. He will leave the real estate website operator on August 7.
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