Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread 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
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US 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
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread 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
A daily morning look at the financial stories you need to know to start the day
-Stock futures are solidly down after yesterday's 100+ point loss for the Dow and big losses overnight in the Asian markets. Brexit fears continue.
-The British pound fell as low as $1.27 overnight.
-The yield on the 10-year Treasury bond is still falling. Earlier this morning it fell all the way down to 1.33%.
-Gold is at its highest level since March, 2014 at $1,376/ounce.
-Deutsche Bank says the narrowing difference between long term and short term interest rates, (the yield curve), proves that a recession is coming sometime in the next 12 months.
Soccer superstar Lionel Messi and his father have been convicted in a Spanish court for tax evasion and sentenced to 21 months in prison.
-Crude prices are down more than 1% and now at the $45/barrel level after yesterday's big losses.
-Gasoline prices held overnight at $2.26/gallon, national average.
-Delta Airlines is taking a $450 million loss on a bad bet that jet fuel prices would rise more.
-Despite the FBI's recommendation not to indict Hillary Clinton, the message from most of the news media this morning is that Director Comey's rebuke of Mrs. Clinton casts a cloud on her campaign.
-The story is also fueling Donald Trump's accusation that the Clintons are taking advantage of a rigged system. He's even accusing them of bribing Attorney General Lynch.
-Hillary Clinton is coming to Atlantic City today to blast Donald Trump's casino business record.
-Focusing all their firepower on Trump, the Democrats are going to begin their TV ad campaign much earlier than ever.
-Tesla waited nine days to tell regulators about its autopilot crash in May.
-Medivation looks like it's warming up to Sanofi's takeover offer.
-A big reason for the drop in US factory orders in May was a big fall in orders for military aircraft.
-The Marines are now allowing heavier men and women to enlist.