The S&P 500 is only about 3% from its recent record high despite a tariff panic sell-off, negative investor sentiment and stock outflows.Trading Nationread more
A sell-off in chip stocks intensified on Monday following a report that semiconductor makers are cutting ties with Huawei following the Trump administration's restrictions.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Sprint and T-Mobile US on Monday will announce a series of changes to their $26 billion deal, while U.S. regulators are expected to announce agreement on the conditions...Technologyread more
Wedbush cuts its price target on Tesla shares to $230 from $275.Investingread more
The suit claims Lyft failed to disclose issues it knew about concerning its bike-sharing program and labor.Technologyread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Personal Financeread more
Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday with CNBC's Steve Liesman on "Squawk Box."The Fedread more
Stocks fell on Monday as the intensifying fallout from a U.S. crackdown on Huawei pressured the technology sector.Marketsread more
"She is considerate and when you have someone who's considerate as she is, she makes a lot of common sense," Cramer said on "Squawk on the Street. " "I know a lot of people criticize the Fed. I'm not going to if the Fed is Janet Yellen."
The Fed is widely expected to keep interest rates unchanged, and markets expect only a 2 percent chance of a rate hike Wednesday, according to the CME Group's FedWatch tool.
"Imagine if they tightened and you got that 38,000 employment number, you would say they don't really know what they're doing," Cramer said. "I think the empirical evidence proves that they do."
U.S. equities traded mildly higher ahead of the statement, with the three major averages up about 0.3 percent.