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
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
DoubleLine Capital's Jeffrey Gundlach spoke to CNBC on Wednesday ahead of the Federal Reserve's decision on interest rates.Marketsread more
Shares of Roku fell on Wednesday after Comcast announced a new deal on its connected boxes and Facebook launched a new Portal TV device.Technologyread more
J.P. Morgan Chase chief Dimon says he doesn't think the U.S. is close to recession and called the Fed's Powell "a quality human."Marketsread more
Check out the companies making headlines in midday trading.Market Insiderread more
Drone and missile debris recovered by investigators at the Saudi Aramco attack site is proof of Iranian culpability, a Saudi defense ministry representative told media on...World Politicsread more
It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:
Disney: "This stock acts terribly ... It acts terribly, which means short term I don't like it. But longer term I am a passionate believer in the franchise."
Tech Data: "I like Tech Data. Boy, it really kicked Avnet's butt, I have to admit. I think it's a good situation. It's got a lot of European exposure, I like that, too."
Avid Technology: "I always wondered why they don't get a takeover bid. Their technology is superior ... but you know what, I think if you want to go, even though it's got much more cloud — if you really want to go with much more editing, go with Adobe. Boy that is one of my absolute favorite tech stocks."
IBM: "I have liked IBM since it bottomed at $140. I am not pounding the table, but I do agree with you that it is an inexpensive stock with a good yield and I think it is going to have a decent quarter. But remember, there are many companies that think they are cloud kings. This is one of them."
Corrections Corp of America: "No, it's got headline risk really bad ... I don't want the headline risk."
Cummins: "Cummins went down yesterday because Navistar got a big investment from Volkswagen, which therefore makes it so Navistar is not going to go under. Some people thought it was, so Cummins got hit. Someone said negative things about Cummins today. I like Cummins, and I really like Caterpillar. Deutsche Bank is dead right about the gross margins, I like them both."
Sage Therapeutics: "Typically these secondaries have worked very well in this industry, and it did get the breakthrough designation. That is an opportunity, but I wouldn't overstay my welcome, because I like companies that have a very good balance sheet and don't need to raise capital."