Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.The Fedread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
President Barack Obama spoke at an event in San Francisco on Wednesday hosted by software company Splunk and addressed how tech can help solve problems.Technologyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle, Washington. While there, he's scheduled to meet with Boeing executives and...Airlinesread more
Steve Dowling, the head of Apple's public relations department, announced he will be leaving this week.Technologyread more
Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett's business model, the Wall Street Journal reported.Marketsread more
Stocks closed little changed after the Federal Reserve failed to signal it will cut rates again in 2019, disappointing traders.US Marketsread more
A New York-based blockchain consulting firm allegedly extorted a Seattle-based crypto start-up with threats to hijack its initial coin offering, in a case announced Wednesday...Technologyread more
According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world.Technologyread more
U.S. stock index futures rose on Friday despite the release of a disappointing jobs report.
Dow Jones industrial average futures rose 67 points, while S&P 500 and Nasdaq 100 futures gained 7.25 points and 26.25 points, respectively.
The U.S. economy added 156,000 jobs in August. Economists polled by Reuters expected 180,000 jobs to have been added last month.
In addition to missing estimates, previous months' job totals also were cut. June was revised down from 231,000 to 210,000 while July fell from the initially reported 209,000 to 189,000, the Bureau of Labor Statistics said.
Investors were closely watching out for the report as they looked for clues about the Federal Reserve's next monetary policy move.
Following on from the latest jobs numbers, investors will then be turning their attention to manufacturing PMI and manufacturing ISM report on business, due out at 9:45 a.m. ET and 10 a.m. ET respectively.
Consumer sentiment and construction spending will also come out at 10 a.m. ET.
Sticking with the U.S., the repercussions of Hurricane Harvey continues to leave its mark on markets, with investors wondering how much damage the natural disaster will have on the economy and sectors like energy and insurance.
Oil prices slipped into the red on Friday, with U.S. crude hovering around $47.14 per barrel at 8:36 a.m. ET, while Brent last stood around $52.68.
Meanwhile, politics will be at the back of investors' minds, after markets showed signs of turbulence earlier this week on the back of tensions brewing in North Korea.
While concerns around geopolitics appear to have subsided in recent sessions, investors will still be on edge in case of any fresh news that emerges. Friday will also mark the start of the U.S. State Department's ban on US passport holders travel to North Korea.
No major earnings are set to be released on Friday.