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
With the Federal Reserve deciding not to cut interest rates but leaving the door open for future cuts, experts are split on what comes next.Trading Nationread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
Oracle found revenue growth from cloud applications in its fiscal fourth quarter, which helped it surpass analysts' expectations.Technologyread more
Surprise firings, criminal investigations and vague statements that have world leaders scratching their heads has turned President Donald Trump's administration into political theater.
And the media — one of Trump's favorite go-to targets — is reaping the benefits. Experts expected media ratings to normalize after the election when the NFL and other popular TV shows started to air. That's clearly not the case.
New York Times subscription revenue grew to more than $1 billion in 2017. It wasn't even affected by Donald Trump's constant criticism, including cancelling a meeting with the publication because he called their tactics of changing interview rules "not nice."
But it's not just the New York Times seeing the benefit. Another frequent subject of Trump's ire – the Washington Post – hit more than 1 million digital subscriptions for the first time in September 2017.
A "60 Minutes" interview with President Donald Trump's alleged mistress Stormy Daniels was viewed by 22 million people. It was the show's highest ratings in 10 years.
Trump's constant tweets led one analyst to estimate he was worth as much as $2 billion to Twitter, writing "there is no better free advertising in the world than the president of the United States" in his notes.
The midterm elections are approaching this year. A new storyline of Democrats trying to win control of Congress is continuing to emerge. It's only going to add fuel to the Trump storylines, which means, buckle up, we're in for even more political coverage. And it's all good news ahead for the media business.