As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Activists with Black Lives Matter, who met privately with Buttigieg in the weeks after police shot and killed Eric Logan, say the 37-year-old mayor brushed off their concerns...2020 Electionsread more
DoubleLine CEO Jeffrey Gundlach said the Federal Reserve might need to embark on quantitative easing to increase the money supply.Marketsread more
Wall Street economists think the Fed will cut rates by 25 basis points at its September meeting but have differing views about what will happen in the future.Marketsread more
The report, published by Rep. Carolyn Maloney, used data from the Giffords Law Center to Prevent Gun Violence and the Centers for Disease Control to estimate the cost of gun...Politicsread more
Russia slammed Trump's decision to tighten sanctions on Iran following strikes at a crude-processing plant and oil field in Saudi Arabia.Politicsread more
According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world.Technologyread more
Federal prosecutors and commodity regulators have broadened their investigation into spoofing activity after receiving information from traders questioned for spoofing-related...Marketsread more
General Motors announced on Wednesday that it plans to temporarily lay off 1,300 workers at its final assembly plant in Oshawa, Canada due to a slowdown at U.S. plants during...Autosread more
Trump said he "is revoking" a federal waiver that allowed the state to craft its own rules on greenhouse gas emissions from vehicles.Politicsread more
FedEx CEO Fred Smith mentioned Amazon as one of his competitors during Tuesday's earnings call, a shift in stance for a company that's long downplayed Amazon's move into the...Technologyread more
A daily morning look at the financial stories you need to know to start the day
-Stock futures are down mostly on the heels of cooling oil prices. Investors are also waiting on Fed Chair Janet Yellen's speech at Jackson Hole later this week.
-Fed Vice Chair Stanley Fischer says the economy is close to hitting the Fed's targets for employment and inflation.
-Crude prices are down about 3% to the $47/barrel level.
-Gasoline prices have risen four cents in the past week to $2.16/gallon, national average.
-Donald Trump's recent pivot to a more mainstream message continued over the weekend as he met with Latinos to discuss a specific immigration plan that would go beyond only focusing on deportation.
-Trump leads Hillary Clinton by one point in the LA Times/USC poll.
-Pfizer is buying cancer drug firm Medivation for almost $14 billion.
-US regulators have cleared ChemChina's $44 billion takeover of Sygenta.
-A top UK investment firm is scrapping bonuses, saying they can lead to 'wrong behaviors.'
-Germany may warn its public to stockpile food and water in case of terror attack.
-The US military's Tricare program is now covering costs related to transgender treatment options.
-Lockheed Martin has won a $10 billion contract to build new C-130J Super Hercules aircraft.
-Iran has unveiled its new domestically-made missile defense system.
-Oracle is funding an anti-Google group that focuses on publicizing Google's lobbying and cozy relationships in Washington.
-A new study shows that marijuana legalization has made the poor poorer.
-That result was predicted over two years ago right here on CNBC.com.