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
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
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
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Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread 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
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
If and when the interplanetary asteroid apocalypse comes, NASA plans to be prepared.
In a little noticed move this week, the space agency announced that it had created a directorate for "detecting and tracking near earth objects (NEOs)."
The new Planetary Defense Coordination Office—which, despite its science fiction-sounding name, is part of a very real effort to ward off the potentially deadly impact of asteroids that may hit the planet—is charged with supervising "all NASA-funded projects to find and characterize asteroids and comets that pass near Earth's orbit around the sun."
NASA was careful not to say there was an imminent threat, though it stated that more than 13,500 NEOs had been discovered to date, and about 1,500 were detected annually by the space agency. In 2013, the planet had a near-brush with a "super fireball" meteor that entered the Earth's atmosphere near Chelyabinsk, Russia.
"Asteroid detection, tracking and defense of our planet is something that NASA, its inter-agency partners, and the global community take very seriously," John Grunsfeld, associate administrator for NASA's Science Mission Directorate in Washington, said in a statement.
The Chelyabinsk event and a more recent incident on Halloween "remind us of why we need to remain vigilant, and keep our eyes to the sky," he added.
In October, a top NASA scientist told CNBC that the potential for an asteroid wreaking havoc on Earth was one of the reasons behind the agency's push to explore Mars.
Jim Greene told CNBC that the solar system was rife with dangers from outer space, including potential "planet killer" asteroids that could come within 5 million miles of the Earth within the next 100 years.
NASA said that the recently passed fiscal year 2016 federal budget included some $50 million for observing NEOs and the new PDCO—a more than tenfold increase in funding since President Barack Obama took office.