Corporate earnings forecasts for the second quarter were lowered so much that companies are easily beating them.Market Insiderread more
The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
House Speaker Nancy Pelosi says she wants her chamber to vote on a debt ceiling and budget deal by July 26.Politicsread more
Philips has acquired a start-up that texts you about your poop. That's Medumo, a Boston-based company, which works with hospitals to guide their patients through common...Technologyread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to a campaign finance probe of Cohen should be unsealed — and denied a...Politicsread more
The U.S. economy continued growing at a "modest" rate in recent weeks, with consumers continuing to spend and a "generally positive" outlook overall even in the face of...Economyread more
CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.Technologyread more
Secretary of State Rex Tillerson on Wednesday appeared to tamp down reports that he could leave his post by year end.
"I'm not going anywhere," Tillerson said on Wednesday after being questioned about his commitment to staying in his position. Asked how long he plans to stay, he said, "As long as the president lets me."
Tillerson's friends outside Washington D.C. say he plans to stay at the State Department through the holidays so he can walk away with a year in the cabinet under his belt, CNN reported Monday. But others told the network Tillerson could leave sooner.
The former Exxon Mobil CEO has been frustrated by State Department staffing issues and policy differences with President Donald Trump, and considers Trump's public criticism of Attorney General Jeff Sessions unprofessional, several sources told CNN.
Trump has repeatedly rebuked Sessions lately for recusing himself from an FBI investigation into Russia's alleged meddling in the 2016 elections. Trump told The New York Times last week it was unfair to him. He has continued to issue broadsides against Sessions on Twitter, leading to speculating that the attorney general could soon step down.
Politico on Monday reported Tillerson is reconsidering how long he will stay and feels he "is not being allowed to do his job."
Tillerson made his comments on Wednesday during a photo op with the Qatari foreign minister. The secretary has defended Qatar in its diplomatic crisis with Gulf neighbors, but Trump has at times contradicted official statements regarding the dispute from the State Department.
Trump's impromptu remarks about Qatar financing extremists are a source of frustration for Tillerson, a source told Politico.
Asked about his relationship with the president, Tillerson said it's "good."