The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
The trade war between the United States and China has lasted for more than one year — and a resolution is nowhere in sight.World Economyread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Here's CNBC review of the Apple Watch Series 5, which makes a step forward with an always-on display and a useful compass that can help you find your way on Apple Maps.Technologyread more
On Sept. 18, Capital One and Walmart announced the launch of the Capital One Walmart Rewards Credit Card Program, which offers two new cobranded credit cards. Here's a break...Moneyread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
In an apparent setback for Prime Minister Benjamin Netanyahu, exit polls show the Israeli leader has fallen short of securing a parliamentary majority with his hard-line...World Newsread more
President Donald Trump doesn't want war with Iran — but Tehran seems inclined to "test the Trump administration," says Gerald Feierstein, a former U.S. Ambassador to Yemen.Oilread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
The president-elect picked Sen. Jeff Sessions of Alabama as his attorney general, giving him clout with supporters who cheered his pledges to crack down on illegal immigration. Democrats and some independent groups have raised concerns about Sessions' hard line immigration views and racially insensitive statements that contributed to him getting passed over for a federal judgeship in the 1980s.
Sessions will likely get confirmed in the Republican-majority Senate. Majority Leader Mitch McConnell of Kentucky said he "strongly" supported the appointment of Sessions, whom he called "principled, forthright and hardworking."
Warren, the Democrat from Massachusetts, accused Trump of "embracing the bigotry that fueled his campaign rallies," calling on him to "reverse" his decision.
"Thirty years ago, a different Republican Senate rejected Senator Sessions' nomination to a federal judgeship. In doing so, that Senate affirmed that there can be no compromise with racism; no negotiation with hate. Today, a new Republican Senate must decide whether self-interest and political cowardice will prevent them from once again doing what is right," Warren said in a statement Friday.
Warren's statement followed concerns from the Senate's incoming top Democrat, Chuck Schumer of New York. He said that "given some of [Sessions'] past statements and his staunch opposition to immigration reform, I am very concerned about what he would do with the Civil Rights Division at the Department of Justice and want to hear what he has to say."