Investors largely expected the FOMC to cut rates by a quarter point.The Fedread 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
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
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
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
The U.S. Federal Reserve on Wednesday cut its overnight rate by 25 basis points to a range of 1.75% to 2%, a move that was widely expected. The central bank, however, appeared...Asia Marketsread 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
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
President Donald Trump has told confidants that he thinks a shutdown of the federal government might be positive for him politically, according to The Washington Post.
The newspaper attributed the story to people who have spoken to the president recently. Two of those people, according to the Post, said he has told advisors that it is important that he appears tough on immigration and pushes for getting funding for building a wall along the U.S.-Mexico border.
Trump has reportedly said taking a hard stand on immigration could help him win back supporters who were unhappy about his outreach to Democrats during the fall.
If the government is shut down, the president said he would put the blame on Democrats, according to the Post. The government runs into a spending deadline Dec. 8, and a number of analysts expect Republicans to propose extending current funding to Dec. 22.
Democratic leadership has already clashed with the president this week after he tweeted that it would not be possible to make a deal with them. Both House minority leader Nancy Pelosi and Senate minority leader Chuck Schumer dropped out of a meeting at the White House after his comment.
Read the full report at The Washington Post.