These are the stocks posting the largest moves before the bell.Market Insiderread more
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
Facebook is reversing its January ban on cryptocurrency ads, though advertisers will have to be pre-approved and ads related to initial coin offerings or binary options are still be prohibited, the company announced in a blog post.
Facebook's original ban was intentionally broad at a time when cryptocurrencies like bitcoin were booming, and the largely unregulated space was spawning . (Bitcoin recently fell below $6,000, down from a high of nearly $20,000 in December 2017.) Following Facebook's lead, Google, Twitter, and Snapchat all instituted similar bans earlier this year.
Facebook's first policy, aimed at all "financial products and services frequently associated with misleading or deceptive promotional practices," stopped even legitimate businesses from buying advertisements. Now, however, interested advertisers can fill out an application that includes information on licensing and whether their currency is publicly traded to help Facebook determine their eligibility.
"Given these restrictions, not everyone who wants to advertise will be able to do so," Facebook product manager Rob Leathern writes in the company's blog post. "But we’ll listen to feedback, look at how well this policy works and continue to study this technology so that, if necessary, we can revise it over time."
In May, Facebook formed a new experimental blockchain group, led by former Messenger executive David Marcus, to focus on the technology that powers cryptocurrencies like bitcoin.
Facebook's widespread ban is being lifted just as Google's has begun: The search giant announced in March that its own crackdown on cryptocurrency-related ads would begin in June.