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 stream is slated to start at 2:15 p.m., ET. Please refresh the page if you do not see a player above at that time.]
White House press secretary Sarah Huckabee Sanders briefs reporters on Wednesday, a day in which President Donald Trump will hold two separate meetings that include Democratic lawmakers.
Trump was set to meet at 2:45 p.m., ET, with members of the House "Problem Solving Caucus," a bipartisan group of moderates.
He will also have dinner at 7 p.m., ET, with Democratic congressional leaders Chuck Schumer and Nancy Pelosi. The lawmakers plan to discuss legislative action this year, including protections for the roughly 800,000 so-called dreamers shielded from deportation. They also plan to discuss stabilizing Obamacare insurance markets.
The meetings come as Trump hopes to win the votes of moderate Democrats for the GOP tax-reform effort.