Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."Technologyread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.Technologyread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
GOP presidential candidate Marco Rubio said Thursday entitlements need to be reformed immediately so the financial burden of keeping the underfunded Social Security and Medicare programs afloat won't cause a debt crisis.
"The longer we wait, the likelihood increases that we're going to have a debt crisis because right now we're paying the historically low yields on American debt. If that just goes up to the normal historic number, and some time it will, then we're going to have a debt crisis," the Florida senator told CNBC hours after the third Republican debate in Colorado.
"We're going to be spending more money on servicing the debt than we are on our own military," he continued. "We know it's coming. You just can't predict when."
Rubio said he wants to make changes to Social Security and Medicare to save the programs for his generation. He said people near retirement would be unaffected, and acting now can avoid making the changes too disruptive.
Appearing on CNBC's "Squawk Box " hours after his strong debate showing, Rubio said he was a "little tried," but added he was pleased with his performance.
In a topic he wanted to spend more time on during the debate, he noted Thursday that wages have not climbed fast enough in the U.S., and workers need to be better trained for the higher-paying jobs of the new economy.
Rubio also reiterated his call for corporate tax reform.
The Democratic argument on corporate tax reform has been "raise the tax on something else," he said, arguing that such a move would be counterproductive. "That's where the rub comes."
"Congress can help shape an agenda, but only president can set it," he added, saying that's why he's running for the White House.
Pundits said Rubio had a good night, connecting with voters on the issues, defending his personal finances, and rebutting Jeb Bush's criticism over the Florida senator's absences from votes on Capitol Hill.
Taking a shot Wednesday at Democratic front-runner Hillary Clinton, Rubio said she got a free pass by the media in coverage of her testimony about the deadly embassy attack in Benghazi.
Read More GOP debate: Who won...and who lost
Rubio's national numbers have been climbing, and according to the RealClear Politics polling aggregator, he's third behind Donald Trump and Ben Carson. Bush, a former Florida governor, is in the No. 4 position.
A new national Tuesday found that Carson had edged out Trump for the lead. Carson has been surging in the early presidential contest state of Iowa, leading Trump in most local polls there.