Investors largely expected the FOMC to cut rates by a quarter point.The Fedread 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
Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.The Fedread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
The Dow Jones Industrial Average erased a 211-point drop as investors digested the latest monetary policy announcement by the Federal Reserve.US Marketsread more
A New York-based blockchain consulting firm allegedly extorted a Seattle-based crypto start-up with threats to hijack its initial coin offering, in a case announced Wednesday...Technologyread more
According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world.Technologyread more
Powell said on Wednesday that the Fed may have to resume regular balance sheet growth to help ease money markets.The Fedread more
The interest on excess reserves now stands at 1.8%, a 30 basis point cut compared with the 25 basis point reduction for the benchmark funds rate.The Fedread more
Amazon is launching a new feature that allows presidential candidates to receive campaign contributions through the Alexa voice assistant.Technologyread more
The woman says the abuse by Jeffrey Epstein, a former friend of Presidents Donald Trump and Bill Clinton, began when she was just age 14 or younger.Politicsread more
NBC News Anchor Megyn Kelly will conduct an exclusive live sit-down interview on Monday, Dec. 11 with three women who have publicly accused President Donald Trump of sexual misconduct, the network said.
The interview with Jessica Leeds, Samantha Holvey and Rachel Crooks will air on NBC News' "Megyn Kelly TODAY" at 9 a.m. New York time.
Trump has denied the women's claims.
Responding to NBC News, White House press secretary Sarah Huckabee Sanders said: "The president addressed these accusations directly during the campaign and we have no changes."
Disclosure: NBC News and CNBC are sister units of Comcast and NBCUniversal
— NBC News contributed to this story.