Investors largely expected the FOMC to cut rates by a quarter point.The Fedread 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
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
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
The U.S. Federal Reserve on Wednesday cut its overnight rate by 25 basis points to a range of 1.75% to 2%, a move that was widely expected. The central bank, however, appeared...Asia Marketsread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
Democratic presidential hopeful Bernie Sanders has filed a bill in the Senate seeking to end the federal criminalization of marijuana.
The bill filed Wednesday, called "Ending Federal Marijuana Prohibition Act of 2015," would amend the Controlled Substances Act to remove mentions of the drug from the law.
The laws on cannabis differ between the states. So far, Colorado, Washington state, Alaska and Oregon have legalized the sale and possession of marijuana for medical and recreational use, while Washington, D.C., has legalized the personal use but not the sale of the drug.
On Tuesday, Ohio voters strongly rejected the legalization of marijuana.
In an interview with CNN, Sanders explained the aim of the bill was for states to make the decision on marijuana without the federal government getting in the way. It would also help distributors who are allowed to sell marijuana in their state but cannot use banks, which would technically violate federal law. The move by the Vermont senator is likely to prove popular with his young, liberal fan base.
Legalizing marijuana can lead to increased revenue for individuals and state governments. Sales of the drug totaled $700 million in Colorado in the first year after it was legalized and is part of an economic recovery in the state.
Follow Luke on Twitter: @LukeWGraham