Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread 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
CNBC's Jim Cramer connects the dots by reasoning that if the president were to act he would pick a replacement for Powell that would do his bidding.Economyread more
Shoppers are "very nuanced in their expectations," Ron Johnson, the former CEO of J.C. Penney and the former senior vice president of Apple's retail division, said at CNBC's...Evolveread more
We've been given plenty of reasons to quit Facebook, including a new report that alleges disgusting working conditions at a company, Cognizant, it uses to employ contractors....Technologyread more
This just might be Fed Chair Jerome Powell's toughest meeting yet, because whatever the outcome, odds are high that it will disappoint a large group.Market Insiderread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
Facebook is leading the FANG stocks this year, and Miller Tabak's Matt Maley foresees more upside.Trading Nationread more
All trains traveling in and out of New York Penn Station have been halted because of an Amtrak overhead wire issue, New Jersey Transit said Wednesday.Transportationread more
American Airlines is the first major U.S. airline to order Airbus' new long-range, single aisle aircraft.Paris Air Showread more
Check out which companies are making headlines before the bell:
Campbell Soup – The food company became the latest in the industry to miss estimates and cite a challenging environment. Campbell earned an adjusted 52 cents per share for its latest quarter, three cents a share short of forecasts. Revenue also missed analysts' expectations and the company issued a full-year outlook that was short of consensus.
General Electric – New GE CEO John Flannery is planning significant job cuts in order to reduce costs and boost profits, according to a Reuters report.
Ciena – The networking equipment maker reported adjusted quarterly profit of 51 cents per share, beating estimates by two cents a share. Revenue also came in above forecasts. The company said it also increased its market share during the quarter.
Dollar General – The discount retailer beat estimates by one cent a share, with adjusted quarterly profit of $1.10 per share. The retailer's revenue beat forecasts, as well. Comparable-store sales rose 2.6 percent, better than the 1.6 percent estimate of analysts polled by Thomson Reuters.
Lands' End – The apparel retailer lost 12 cents per share for its latest quarter, three cents a share wider than expected. Revenue exceeded estimates, however, amid a 3.8 percent increase in comparable-store sales. Lands' End said it is pleased with its progress and that it is in position for continued long-term growth.
Genesco – The footwear and apparel retailer lost 10 cents per share for its latest quarter, two cents a share wider than anticipated. Revenue fell shy of estimates and Genesco cut its full-year forecast below current consensus amid the impact of slow mall-based traffic.
Expedia — The travel website operator named Chief Financial Officer Mark Okerstrom as its new president and CEO. He replaces Dara Khosrowshahi, who left to become CEO at Uber.
Walt Disney – Disney is planning significant budget cuts, largely at its ABC Television Group, according to The Wall Street Journal. The paper said the goal is to cut 10 percent of the unit's costs and that those cuts will be specifically identified by the end of September.
Workday – Workday reported adjusted quarterly profit of 24 cents per share, nine cents a share above estimates. The maker of human resources software also saw revenue beat forecast and the company raised its full-year outlook.
Box – Box lost 11 cents per share for its latest quarter, a loss that was two cents a share smaller than consensus forecasts. The cloud content company reported revenue that came in above estimates, but growth was slower compared to a year earlier. CEO Aaron Levie did tell Reuters that the company is seeing significant new business from large companies.
Costco – The warehouse retailer reported a 6.1 percent jump in U.S. same-store sales (excluding gasoline) for August, topping consensus estimates.
Western Digital – The disk drive maker and its partners are still on hold about a possible purchase of Toshiba's chip unit, with Toshiba now saying it is in ongoing talks with three potential buyers. Reports earlier this week had said Toshiba was in the process of finalizing its deal with the Western Digital consortium.
Michael Kors – Kors shares could benefit from a nearly tripling of reported profit by shoemaker Jimmy Choo. Kors struck an agreement to buy Jimmy Choo for $1.2 billion in June.
Shoe Carnival – Shoe Carnival reported quarterly profit of 24 cents per share, four cents a share above estimates. Revenue also topped forecasts, with the company citing both increased sales and good management of expenses. Shoe Carnival said it is well-positioned for the back-to-school season.
Five Below – Five Below beat estimates by four cents a share, with quarterly profit of 30 cents per share. The discount retailer's revenue topped forecasts, as well. Among other things, Five Below was helped by sales of the popular Fidget Spinner toys.