Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
A temporary airspace closure forced flights coming into Dubai from Australia, Singapore and India to be diverted to nearby airports.Airlinesread more
Schiff had previously shied away from calling for impeachment, but his comments on CNN's "State of the Union" indicate his stance has shifted.Politicsread more
"I can emphatically say that partisan politics plays no role in our decisions," Yellen told reporters after the Federal Open Market Committee's two-day policy meeting.
Trump, the Republican presidential nominee, recently suggested that the Fed kept interest rates low to help President Barack Obama's administration. Yellen said, "We do not discuss politics at our meetings, and we do not take politics into account in our decisions."
She highlighted the Fed's dual mandate to promote maximum employment and price stability, while stressing the central bank's role as an independent government agency.
The Fed's policymaking committee kept the federal funds rate unchanged at 0.25 to 0.50 percent, though 3 of the 10 voters supported a quarter-point hike. The Fed's statement indicated it could support a rate rise this year, saying "The case for an increase in the federal funds rate has strengthened," but that it would wait for more progress toward its objectives.
The policymaking committee's statement highlighted "solid" job gains but added that inflation is still running below its 2 percent target.