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
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread 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
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
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
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future...Food & Beverageread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Sundar Pichai's note reads like a response to growing scrutiny from regulators, press and employees, and echoes a consistent theme of how Google helps people.Technologyread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
Cruise giant Carnival Corp. is putting the finishing touches on its newest travel destination in the Dominican Republic. The multi-million port, called Amber Cove, will welcome its first guests on Oct. 6, when the Carnival Victory docks at the Caribbean island. The new state-of-the-art port was developed to accommodate two docked massive cruise ships simultaneously.
"We've invested more than $85 million into the facility—the largest by a cruise company in the Dominican—to make sure that it is a warm, welcoming and fun port for all of our guests," Carnival CEO, Arnold Donald, told CNBC in an interview.
The Carnival Victory, the Queen Mary 2 and the P&O Azura will be among the many Carnival-branded ships to visit the tropical destination between October and April 2016. Carnival expects Amber Cove to provide a destination for at least 250,000 passengers in its first year, which is expected to boost local jobs by at least 400.