Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
Stocks in Asia jumped on Wednesday morning following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
Tesla loses vice president of HR and head of diversity, Felicia Mayo, one of a few black woman executives to break Silicon Valley's glass ceiling.Technologyread more
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.Mad Money with Jim Cramerread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
American Airlines pilots plan to tell lawmakers they are still concerned about fixes to grounded Boeing 737 Max planes.Airlinesread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Check out the companies making headlines before the bell:
3M – The maker of a wide variety of consumer products matched forecasts, with quarterly profit of $2.50 per share. Revenue topped forecasts. CEO Inge Thulin said the company saw broad-based organic growth during the quarter.
Coca-Cola – The beverage giant came in a penny a share ahead of estimates with quarterly profit of 47 cents per share. Revenue also came in above forecasts. Organic growth was up by 5 percent, and the company's biggest growth came in the Europe, Middle East, and Africa regions.
Caterpillar – The heavy equipment maker earned an adjusted $2.82 per share for the first quarter, well above the $2.13 a share consensus estimate. Revenue also beat forecasts, and the company raised its full-year outlook.
Travelers – The insurance company earned an adjusted $2.46 per share for the first quarter, missing the consensus estimate of $2.68 a share. Revenue beat forecasts, but the bottom line was impacted by a variety of natural disasters during the quarter. Travelers increased its quarterly dividend to 77 cents per share from 72 cents.
Verizon – Verizon came in 7 cents a share ahead of forecasts, with adjusted quarterly earnings of $1.17 per share. Revenue beat forecasts, as well. Verizon also saw wireless postpaid net additions of 260,000, exceeding estimates of 165,000.
United Technologies – The conglomerate beat estimates by 25 cents a share, with adjusted quarterly profit of $1.77 per share. Revenue beat forecasts as organic growth saw its strongest first quarter performance in seven years. The company also raised its full-year outlook.
Centene – The health insurer reported adjusted quarterly profit of $2.17 per share, beating the consensus estimate of $1.93 a share. Revenue also topped forecasts, helped by a boost in managed care membership, among other factors. Centene also raised its full-year forecast.
Harley-Davidson – The motorcycle maker beat Street forecasts on both the top and bottom lines, and also maintained its full-year forecast for motorcycle shipments.
Alphabet – Alphabet reported adjusted quarterly profit of $9.93 per share, compared to the consensus estimate of $9.28 a share. The Google parent's revenue also came in above Street forecasts. Results were helped by strong advertising sales.
Eli Lilly – The drugmaker came in 21 cents above estimates with first-quarter profit of $1.34 per share. Revenue also exceeded expectations. Separately, a Food and Drug Administration panel recommended that an experimental rheumatoid arthritis drug developed by Lilly and Incyte should only be approved at a lower dose.
Home Depot, Lowe's – Both home improvement retailers were rated "outperform" in new coverage at Wells Fargo, which sees tailwinds for the home improvement industry overall. It also sees an opportunity for Lowe's to take more market share, and an attractive entry point for Home Depot after a 15 percent drop from a late January high.
Sanofi – Sanofi's drug to treat epilepsy and bipolar disorder, valproate, was banned by U.K. regulators for women of child-bearing age, unless they are on a special pregnancy prevention program.
Whirlpool – Whirlpool reported adjusted quarterly profit of $2.81 per share, falling short of the $2.96 a share consensus estimate. Revenue was also slightly short of forecasts, and the appliance maker said it expected pressure this year from lower sales and higher costs. Separately, Whirlpool sold its Embraco compressor unit to Japan's Nidec for nearly $1.1 billion in cash.
Wells Fargo – The bank holds its annual meeting in Des Moines, Iowa, today. CEO Tim Sloan told shareholders in his annual letter that rebuilding trust after recent scandals is the bank's top priority.
Trimble – Trimble bought privately held Viewpoint from Bain Capital for $1.2 billion in cash, and the software company also raised its revenue outlook. Viewpoint specializes in software for the construction industry.
Zions Bancorp – Zions reported quarterly profit of $1.09 per share, beating the 82 cent consensus estimate. The regional bank's revenue also came in above analyst forecasts.