The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
The presidential campaign is "going to be very tough," the former chief White House strategist.Politicsread more
Gelson's, an upscale grocery store chain with 27 locations across Southern California, will sell 12-ounce packages of the Impossible Burger.Food & Beverageread more
"The market all of the sudden has broken out into a behavior that seems much more rational in September than it did in August," National Securities' Art Hogan says.Trading Nationread more
Huawei launched a new 5G flagship smartphone lineup Thursday without pre-installed Google-licensed apps as the Chinese tech giant faces fallout from a U.S. blacklist earlier...Technologyread more
The Candytopia and Toys R Us partnership will open in late October in Chicago and Atlanta. The exhibits will stay open through the 2019 holidays, before moving on to different...Retailread more
Initially introduced in March 2018, the "Worker Dividend Act" requires firms to distribute the value of its stock buybacks dollar-for-dollar.2020 Electionsread more
A spokesperson for Sen. Mark Warner, D-Va., said he helped organize the dinner in D.C. at the request of Facebook.Technologyread more
The data pointed to strong labor market conditions that should continue to support a moderately growing economy.Economyread more
Jamie Dimon, the chief executive of J.P. Morgan, has become one the latest business leaders to speak up against President Donald Trump's policy of separating migrant children from their parents at the U.S. border with Mexico.
In an internal memo seen by CNBC, Dimon referred employees to a statement by Business Roundtable which called separating children from their parents a "cruel" practice that's "contrary to American values."
The Business Roundtable is an association of CEOs from major U.S. companies. Dimon currently heads the group.
"I strongly agree" with the statement, he wrote, adding that his "heart goes out to the impacted families."
Dimon also called for a comprehensive immigration reform.
"We need to fix our immigration problems — it's tearing apart our body politic and damaging our economy ... Fixing these issues will clearly boost the economy and help companies like ours hire great talent, but more importantly, it will reflect our American and core human values of fairness, decency and mutual respect," he said.
The Trump administration's policy has been met with widespread criticism from not only Democrats, but members of his own party and international organizations.
For one, human rights group Amnesty International criticized the Trump administration's policy: "This is nothing short of torture. The severe mental suffering that officials have intentionally inflicted on these families for coercive purposes, means that these acts meet the definitions of torture under both US and international law," said Erika Guevara-Rosas, Amnesty International's Americas Director.
Lawmakers and activists have rightfully noted that Trump could end the policy of separation today, but the president has pushed for Congress to pass a bill that would end the practice while also enacting his strict border security proposals. Trump has shown no willingness to stop the practice himself.
—CNBC's Jacob Pramuk contributed to this report.