Stock futures are surging after the Fed signaled interest rate cuts may begin as early as July.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."Technologyread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.Technologyread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
The Powerball jackpot of $700 million had one winner in Massachusetts.
The game jackpot, which had been growing since the June 10 drawing, was offering a $700 million annuity or $443.3 million in cash, according to a statement from the Pennsylvania Lottery on Wednesday.
The jackpot was the lottery game's second-largest ever, behind only the $1.6 billion pool in January of 2016, which was shared by three winning tickets, the statement said.
An additional around 9.4 million additional players won prizes that totaled more than $135 million.
If the jackpot had rolled over, the prize annuity value would be advertised as $1 billion, the statement said.
Instead, it was reset to $40 million.