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
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
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
Slack Technologies' reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.Technologyread 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
Resident "Fast Money" crypto expert Brian Kelly breaks down the major differences between bitcoin and Facebook's new cryptocurrency Libra.Fast Moneyread more
Oracle found revenue growth from cloud applications in its fiscal fourth quarter, which helped it surpass analysts' expectations.Technologyread more
Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called LibraThe Fedread more
The vote makes Mexico the first of the three countries to win legislative approval for the trade agreement.Politicsread more
Palantir Technologies investor Ken Langone doesn't know when the company will go public, and he's not sure he ever wants it to.
"I don't know and frankly if I had my druthers I would wish they wouldn't," the Home Depot co-founder told CNBC's "Squawk Box " on Wednesday.
"What they do, and the way they do it and their mindset on the future, I don't know if the public could accommodate that," Langone said.
The company — founded in 2004 by a group that includes PayPal co-founder Peter Thiel — analyzes vast amounts of data for clients like the CIA, FBI and Department of Defense.
Palantir CEO Alex Karp told CNBC public market investors would be "positively surprised" when the company — once valued at $20 billion — eventually discloses its financials.
While some wonder about what kind of information the company would have to disclose about its sensitive government contracts if it went public, Langone said he doesn't think that would be a problem.
Langone said he first invested in Palantir "five or six years ago."
— CNBC's Josh Lipton contributed to this report.