Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread 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
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US 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
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread 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
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread 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
Check out the companies making headlines before the bell:
Berkshire Hathaway – Berkshire is in the spotlight following its widely watched annual meeting over the weekend, and CEO Warren Buffett's interview on CNBC this morning. Apple shares could be on watch once again after Buffett said he would buy more shares at the right price. Buffett revealed Friday that Berkshire had bought 75 million more Apple shares during the first quarter.
Wells Fargo – Wells Fargo settled a class action securities fraud lawsuit for $480 million, in a case stemming from alleged "misstatements and omissions" regarding its sales practices. The bank said it denies the claims in the suit and that it settled to avoid further cost and disruption.
Tesla – In a Securities and Exchange Commission filing, the automaker said it is continually evaluating its capital needs and may raise additional capital in the future to fund the growth of its business.
Tyson Foods – The beef and poultry producer fell 3 cents a share short of estimates, with adjusted quarterly profit of $1.27 per share. Revenue also missed Street forecasts, however Tyson said it delivered solid results in the face of challenging market conditions.
Gramercy Property Trust – The commercial real estate investor will be bought by private-equity firm Blackstone for $7.6 billion in cash, or $27.50 per share. The price represents a 15.4 percent premium over Friday's closing price.
Gannett – The USA Today publisher earned an adjusted 13 cents per share for the first quarter, beating estimates by 10 cents a share. Revenue was essentially in line with expectations, with the company's results benefiting from growth in digital advertising.
International Flavors & Fragrances – The company bought Israeli competitor Frutarom for $7.1 billion in cash and stock. The deal is the second largest buyout involving an Israeli company, trailing only the $15 billion that Intel paid for Mobileye.
ConocoPhillips – ConocoPhillips reportedly filed court claims in Venezuela moving to take over assets of Venezuela's state-run oil company. The energy giant is claiming those assets were illegally misappropriated, according to The Wall Street Journal.
Mondelez International – The snack maker bought Southampton, N.Y.-based cookie maker Tate's Bake Shop for about $500 million.
Amazon.com – Amazon was rated "outperform" in new coverage at Telsey Advisory Group, which set a price target on the stock of $1,900 per share. Telsey notes a customer-centric approach, "relentless" pursuit of efficiency, and growing Prime membership.
Shake Shack – Shake Shack was downgraded to "underweight" from "neutral" at JPMorgan Chase, which said that despite a good first quarter, underlying trends are not as strong as the current valuation would indicate.
Willis Towers Watson –The consulting firm reported adjusted quarterly profit of $2.71 per share, beating estimates by 8 cents a share. Revenue came in above estimates and the company sees full-year 2018 earnings that exceed current Wall Street consensus.