Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread 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
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
North Korea denounced on Wednesday U.S. President Donald Trump's decision to relist it as a state sponsor of terrorism, calling it a "serious provocation and violent infringement," North Korean state media reported.
Trump put North Korea back on a list of state sponsors of terrorism on Monday, a designation that allows the United States to impose more sanctions and risks inflaming tension over North Korea's nuclear weapons and missile programs.
In North Korea's first reaction to the designation, a spokesman for the foreign ministry denied in an interview with the state media outlet KCNA, that his government engaged in any terrorism.
He called the state sponsor of terrorism label "just a tool for American style authoritarianism that can be attached or removed at any time in accordance with its interests".
The U.S. designation only made North Korea more committed to retaining its nuclear arsenal, the official said.
"As long as the U.S. continues with its anti-DPRK hostile policy, our deterrence will be further strengthened," he said, referring to North Korea by the initials of its official name, the Democratic People's Republic of Korea.
"The U.S. will be held entirely accountable for all the consequences to be entailed by its impudent provocation to the DPRK."
The designation came a week after Trump returned from a 12-day, five-nation trip to Asia in which he made containing North Koreas nuclear ambitions a centerpiece of his discussions.
Announcing the designation, Trump told reporters at the White House: "In addition to threatening the world by nuclear devastation, North Korea has repeatedly supported acts of international terrorism, including assassinations on foreign soil."