Fed minutes say "most participants" saw the cut "as part of a recalibration" in response to changing conditions.The Fedread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
GOP donor John Childs has given over $330,000 to Republican fundraising committees since being charged with soliciting prostituion.Politicsread more
A daily morning look at the financial stories you need to know to start the day
-Stock futures are slightly higher as investors continue to try to respond strategically to the disappointing May jobs report.
-60% of business economists believe anxiety over the election this year is a big reason for the slowing economy.
-Investors are eyeing a speech by Fed Chair Janet Yellen in Philadelphia today at 1230 Eastern.
-Crude prices are up about 1% and back at the $49/barrel level.
-Gasoline prices rose again to $2.35/gallon, national average.
-The California primary is tomorrow, but Bernie Sanders waited until yesterday to point out that the Clinton Foundation accepted money from dictators while Hillary Clinton was Secretary of State. Some of those dictators later received State Dept. approvals for US arms deals.
-Former Treasury Secretary Larry Summers has an op-ed out today saying a Donald Trump election victory would be worse for the world economy than the UK leaving the EU.
-President Obama is going to be much more active on the campaign trail much earlier than most outgoing presidents.
-Matt Damon used his MIT graduation address to bash Wall Street, bash Donald Trump, and endorse Elizabeth Warren who he said was going to bring justice to Wall Street.
-Former London Mayor and Brexit supporter Boris Johnson says Jamie Dimon is wrong about the UK losing jobs if it leaves the EU.
-The US government is set to approve the first-ever privately funded mission to the Moon.
-Cadillac is looking to replace some of its dealerships with new locations that will swap inventory for virtual reality.
-The Swiss people voted against providing everyone in the country a guaranteed minimum income.
-Mark Zuckerberg had his Facebook, Twitter, Instagram, and Pinterest accounts hacked over the weekend.
-Raytheon has put together a series of upgrades for the Patton tank.