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
Beyond Meat has blown up. The plant-based meat company is now larger than 80 S&P 500 companies, including Macy's, Xerox and Mylan.Trading Nationread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
Employees spoke out on issues such as forced arbitration, workplace equity and Project Dragonfly at Alphabet's annual shareholder meeting.Technologyread more
American Airlines is the first major U.S. airline to order Airbus' new long-range, single aisle aircraft.Paris Air Showread more
This is a comparison of Wednesday's FOMC statement with the one issued on May 1 after the Fed's previous policy-making meeting.The Fedread more
Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called LibraThe Fedread more
Federal Reserve Chairman Jerome Powell said the case for a rate cut at central bank's Wednesday meeting is not strong enough.The Fedread more
Flex: "You know, there were some problems with that last Flex quarter. There were some accounting issues and I can't recommend any stock that has accounting issues because accounting issues and irregularities equal sell."
Altria Group: "It's got this competitor that we call Juul and it's hurting. The whole industry is being roiled by this and that's why I can no longer recommend any of the tobacco companies. You have to read the Philip Morris quarterly conference call to know how bad things really have gotten. "
Corning Inc.: "I don't like optical fiber, but that's just me remembering the old days, so I'm going to have to say no to that one."
Beacon Roofing Supply: "They missed the quarter. A lot of these companies missed their quarter. Can they come back? Yes. Would I sell them now? I don't know. I mean, the problem is that Toll Brothers reported a pretty good quarter and everybody hated it. Anything housing right now is going down, so I want to be careful. "
Verint Systems: "This is one of these companies that does surveillance, basically, [and] digital video, and I like that industry. I'm OK with it."
Opko Health: "Ever since they bought BioReference Lab, it's just been a disaster. And I don't know what to say. I mean, it shouldn't be. I think the company's a reasonable company, but it just doesn't seem to be able to get any traction. That's why we need [CEO] Phil Frost on."
First Data Corp.: "We had [CEO] Frank Bisignano on recently and he carried himself well. That was a terrific quarter. What can I say? I did not expect it to be that much of a blowout and it was."