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
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
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread 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
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
President Donald Trump has floated the possibility of making Rudy Giuliani attorney general, Axios reported Monday, citing "West Wing confidants."
But Giuliani later told CNN that he is not a contender for the job.
The Axios report comes after Trump publicly fumed about Attorney General Jeff Sessions more than once in recent days. It is unclear at this point whether Trump really plans to push to make Giuliani, the former New York mayor, federal prosecutor and Trump campaign advisor, the nation's top law enforcement official.
Last week, Sessions said he had no plans to leave the job.
Giuliani, as an early Trump supporter, would likely face questions about his independence.
On Monday, Trump questioned why Sessions, whom he called "our beleaguered A.G.," is not investigating Hillary Clinton. Trump told The New York Times last week that he would not have appointed Sessions had he known he would recuse himself from the Russia probe.
Giuliani also told CNN that Sessions "made the right decision" by recusing himself.
The White House did not immediately respond to a request to comment.