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
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread 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
Check out which companies are making headlines after the bell:
Shares of Pandora shot up nearly 4 percent in extended trading after the company announced a new CEO at the closing bell. Roger Lynch, former head of online TV provider Sling, will take over for Pandora's founder, Tim Westergren, who became CEO of the company for the second time just last year.
Synchrony Financial's shares jumped more than 4 percent in after hours trading. Warren Buffett's conglomerate Berkshire Hathaway revealed a stake of 17.46 million shares in the Connecticut-based company in a financial disclosure after the bell.
Shares of Arconic fell more than 2 percent in extended trading. The lightweight metals manufacturer posted gains in day trading on Monday for the first time since Aug. 7.
Shares of General Electric slipped slightly on relatively strong volume after Berkshire Hathaway said it had shed its stake in the conglomerate.