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
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread 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
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread 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
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future...Food & Beverageread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Sundar Pichai's note reads like a response to growing scrutiny from regulators, press and employees, and echoes a consistent theme of how Google helps people.Technologyread 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
The quest to find whether cryptocurrency bitcoin is in a bubble could be found on search engines, where one bubbly sounding term is on the rise.
Google Trends says the search term "buy bitcoin with credit card" is around its historic peak, notes Nick Colas, co-founder of Data Trek Research and the first Wall Street analyst to take the digital currency seriously.
While the phrase is only about 3 percent of all bitcoin searches, it is on the rise.
The popularity and curiosity of using leverage to get in on the action come as bitcoin's price continues to scale new heights. In another surge to the upside Monday, bitcoin rose past $9,600 in morning trade, a rise of nearly 7 percent in a 24-hour period and 17.5 percent over the past week alone. It later was trading around $9,500.
"These bubbles tend to end in tears," Citadel hedge manager Ken Griffin told CNBC in an interview Monday.
Colas sees the inclination to use credit to get in on the moves of a volatile asset as "a cautious note" about where sentiment is running.
"For those readers who think about transmission mechanisms between financial assets and the real economy, look no further. This is it," he said in his daily note for clients.
Other search trends show that bitcoin holds a solid lead in Google quests for digital currencies, even though it has a growing list of competitors. In all, 15 cryptocurrencies now have market valuations above $1 billion, according to CoinMarketCap. At $162.4 billion, bitcoin is more valuable than the next 70 or so competitors combined.
Colas said bitcoin "still holds a strong lead in terms of global attention in crypto-land."
Bitcoin also has come in from the shadows in terms of the attention it's getting on Wall Street. Investing heavyweight Michael Novogratz, head of Galaxy Investment Partners, thinks bitcoin will hit $10,000 before the end of the year, and Tom Lee at Fundstrat has a mid-2018 price target of $11,500, nearly double what it was in mid-August.
But Mitchell Goldberg, head of ClientFirst Strategy, told clients he's skeptical and sees the bitcoin craze as analogous to the dot-com bubble and a sign that "we've entered the final and stupidest part of the bull market."
WATCH: Wall Street gets worked up about bitcoin.