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
That push came amid concerns over the investigation of possible collusion with Russia, the Wall Street Journal reported on Monday, citing people familiar with the matter. Those lawyers, the report said, were concerned that Kushner was the advisor closest to the president and had the most dealings with Russian officials and business people during the campaign.
The Journal added that Kushner has said there were four meetings, but that he initially omitted any contacts with foreign officials on his security clearance form. He later updating it multiple times to include more than 100 contacts.
While the legal team wasn't unanimous in wanting Kushner to step down, press aides to the legal team had drafted a statement to explain his departure, the report said, citing people familiar with the matter.
One person said Trump wasn't persuaded Kushner should step down, while John Dowd, who joined the legal team in June and has since taken charge, said he wasn't aware the proposal was taken to the president, according to the report.
The Journal said the legal team's chief at the time, Marc Kasowitz, said he never discussed it with the president's other lawyers or recommended it to Trump.
Representatives of the White House, Trump's legal team and Kasowitz didn't immediately respond to CNBC's emailed requests for comment, which were sent outside of normal U.S. office hours.
Kushner's legal representative referred CNBC's inquiry to the White House press office.