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
Check out which companies are making headlines after the bell on Thursday:
Shares of Amazon fell more than 4 percent in extended trading Thursday as more than 1.2 million shares changed hands. The company posted third-quarter earnings per share of 52 cents on revenue of $32.71 billion on Thursday. Analysts expected the online retail giant to post earnings of 78 cents a share on revenue of $32.69 billion.
The e-commerce giant saw $18.87 billion in North America sales during the quarter. That figure comes in below analyst expectations for $19.09 billion, according to FactSet. International sales, however, came in at $10.61 billion, above Wall Street projections for $10.44 billion, according to FactSet.
Alphabet's stock ticked up nearly 1 percent after the bell. The company reported quarterly earnings that topped analysts' estimates and revenue that beat expectations on Monday, and announced a more than $7 billion stock buyback authorized this month.
Baidu shares fell more than 1 percent after its mixed earnings report. The company posted third-quarter adjusted earnings per share of RMB 8.51 (about $1.25) and revenues of RMB 18.25 billion (about $2.7 billion). The Chinese search provider said its mobile search monthly active users were 660 million for September 2016, an increase of 3 percent year-over-year. The company projected fourth-quarter revenues ranging from RMB 17.84 billion (about $2.63 billion) to RMB 18.38 billion (about $2.71 billion).
LinkedIn shares rose slightly after the bell. With its soon-to-be parent company waiting in the wings, LinkedIn reported quarterly earnings and revenue that beat analysts' expectations on Thursday. The social media company posted profit of $1.18 a share ex-items on revenue of $960 million.
The social-company is still in the process of being acquired by Microsoft in a $26.2 billion cash deal for $196 per share. Antitrust regulators in the United States, Canada and Brazil have already approved the deal. Microsoft filed for EU approval earlier this month, and hopes for the transaction to close prior to the end of 2016.
Correction: This story was updated to reflect that LinkedIn reported revenue of $960 million.