While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
The strong dollar story could be over for now, and that's putting a shine on the 'anti-dollar' trade—gold.Market Insiderread more
"I believe it would be wise to take additional time and allow events to unfold" before deciding on rates, the Dallas Fed official said in an essay.The Fedread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
An Air Canada passenger traveling to Toronto from a weekend in Quebec City found herself stranded alone on the tarmac and in the dark, in what she described as a "nightmare."Airlinesread more
The new cut will likely draw thousands back to theaters and could finally push "Avengers: Endgame" above and beyond the record $2.78 billion "Avatar" has earned since its...Entertainmentread more
President Donald Trump and Chinese President Xi Jinping are expected to meet at this week's G-20 summit in Japan and the stakes for Wall Street are high.Marketsread more
U.S. stock index futures pointed to a flat open on Wednesday as the Federal Reserve's policy meeting draws to a close.
Around 8:25 a.m. ET, Dow Jones Industrial Average futures were down 29 points, indicating a decline of 23.19 points, while S&P 500 futures pointed to a relatively flat start to its session. Nasdaq 100 futures rose, however, following upbeat earnings out of the tech sector.
Investors will pay close attention when the Federal Reserve delivers its latest policy decisions at 2 p.m. ET, concluding a two-day Federal Open Market Committee (FOMC) conference. While market-watchers are not expecting a rise in interest rates, discussion on trade or where the Federal Reserve is thinking of heading could be on the table.
The meeting follows recent releases of economic data and the news that President Donald Trump was "not thrilled " about rising interest rates, expressing concern that the Fed could upset the economic recovery.
Earnings season continued Wednesday, with Restaurant Brands, AMC Entertainment and Generac among the companies that reported before the bell. Tesla is set to release after the close Wednesday.
Apple also reported earnings after the bell on Tuesday, surpassing analyst expectations. The report sent the tech giant's stock up by more than 4 percent in the premarket.
In economic data, ADP employment figures showed job gains of 219,000 for July. Economists polled by Reuters had forecast a gain of 185,000.
Concerns surrounding trade continue. According to a Reuters report, citing a source, the Trump administration is looking at the possibility of slapping a 25 percent tariff on $200 billion worth of imported Chinese goods — after initially setting them at 10 percent. This comes as tensions between Washington and Beijing ramp up, and show no signs of easing.