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
The "Fast Money " traders shared their first moves for the market open.
Guy Adami was a buyer of Target.
Steve Grasso was a buyer of Avis Budget Group.
Tim Seymour was a buyer of Nike.
Pete Najarian was a buyer of Lululemon.
Trader disclosure: On August 21, 2017, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Pete Najarian is long calls AA, AMAT, AVGO, BAC, C, CHK, CHRW, CPN, CTL, DAL, EOG, GLD, JBLU, LULU, MDLZ, MU, NVDA, PG, PHM, RF, RIO, SCSS, SFM, SGMS, VALE, XLF. Pete Najarian is long stock AAPL, BAC, BKE, CHRW,CMCSA, DIS, DLTR, GILD, GIS, GM, IBM, KO, LEN, MRK, MSFT, MU, PEP, PFE, RHT, SCSS, TXT, UAL, UNP, WDC, WFT, WYNN. Pete owns TLT puts. Pete added VALE calls, sold FSLR, KORS stocks. Tim Seymour is long AMZA, APC, BAC, C, CCJ, CLF, CSCO, DAL, DPZ, DVYE, EEM, EWM, FB, FXI, GM, GOOGL, INTC, LOW, M, MAT, MCD, MOS, MPEL, RAI, RH, RL, SBUX, SQ, T, TWTR, UA, UAL, VALE, VIAB, VOD, VRX. Tim is short IWM, XRT, RACE, SPY. Steve Grasso's firm is long stock AMD, AON, APC, CMG, CTL, CUBA, DIA, DVN, F, HES, HPQ, IBM, ICE, KDUS, M, MAT, MFIN, MJNA, MSFT, NE, RIG, SNAP, SNGX, SPY, SQBG, TITXF, UA, VEON, WDR, WHR, WPX, ZNGA. Grasso is long stock AAPL, BABA, CAR, EVGN, JCP, KBH, MJNA, MON, PHM, SQ, T, TWTR, VRX. Grasso owns Callable Trigger contingent yield note linked to SPX RTY and MXEA. Grasso's kids own EFA, EFG, EWJ, IJR, SPY. NO SHORTS. Grasso bought MON. Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.