Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The Supreme Court refused to overturn a precedent that strengthened the power of government regulators in a closely watched case that could have had broad ramifications for...Politicsread more
Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its "excessive valuation" and "underwhelming fundamentals."Marketsread more
A full-time worker earning the federal minimum wage of $7.25 per hour cannot rent an affordable two-bedroom apartment anywhere in the country, where affordable is defined as...Spendread more
The president raised $6 million alone at a fundraiser he attended at the Trump International Hotel on Tuesday in Washington.Politicsread more
European markets ended sharply higher on Thursday after the European Central Bank hinted that its asset-purchase program would be increased if needed.
The European Euro Stoxx 600 index finished around 2.4 percent higher with strong gains seen across all major bourses. London's FTSE climbed 1.8 percent, while the French CAC and German DAX both provisionally ended 2.2 and 2.7 precent higher respectively.
The ECB, as expected, left interest rates on hold at a meeting on Thursday. But the subsequent press conference revealed that the central bank was increasing the issue share limit in the public sector purchase program from 25 percent to 33 percent.
This boosted market hopes that the central bank could expand its quantitative easing program in coming months, lifting shares and pushing the euro lower. The ECB also downgraded its inflation expectations.
"The central bank has already downgraded its projections for inflation which made it essential that he (Draghi) comfort markets by saying the ECB stands ready to do more if necessary. He didn't say it outright but there was more than a whiff of 'whatever it takes' from the press conference," said Aberdeen Asset Management Investment Manager James Athey in a research note.
Meanwhile, on the data front, euro zone business activity hit a four-year high on Thursday morning. Markit's final August Composite Purchasing Managers' Index (PMI) came in at 54.3, above an earlier estimate of 54.1.
This came after a relatively quiet day in Asia after the volatility of recent weeks. Chinese markets were closed with China kicking off a two-day holiday to commemorate the end of World War II.
In stocks news, Easyjet soared nearly 6 percent at the open after upgrading its profit forecasts for 2015 on record August traffic.
Syngenta, the Swiss agriculture company which recently saw off a $47 billion takeover bid by rival Monsanto, was also in focus after announcing a $2 billion share buyback and the sale of its vegetable seeds business. Its shares ended around 3.4 percent higher.
EDF, the French utilities company, was one of the biggest fallers after announcing further delays to a new nuclear reactor which has already gone several times over budget. Shares in the group ended around 2.2 percent lower.
Follow us on Twitter: