The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
Slack Technologies' reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.Technologyread more
With the Federal Reserve deciding not to cut interest rates but leaving the door open for future cuts, experts are split on what comes next.Trading Nationread more
The work could make it easier for companies to migrate applications between their data centers and Amazon's server farms and make it easier to recover data from Amazon in case of disasters, The Information said, citing an unnamed source.
VMware's stock rose about 2 percent after the report.
Meanwhile, Microsoft has been busy refining on-premises data center software that mirrors that of its Azure public cloud. And Google has taken its first step toward doing more with on-premises data centers through its partnership with Nutanix.
The potential expansion of the VMware partnership, though, wouldn't be the first thing AWS is doing to work with on-premises data centers.
Amazon and VMware announced their partnership in October, targeting a mid-2017 launch for VMware virtualization software running atop the Amazon cloud, but the new technology might not be available until the end of the year or the beginning of 2018, The Information said.
VMware stock was up more than 2 percent and Amazon stock was up slightly following the Information report.
AWS did not immediately respond to a request for comment. VMware had no comment.