President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
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The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
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
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Shares of Electronic Arts plunged nearly 10 percent in morning trading Thursday after the gamemaker announced it is delaying the release of "Battlefield V" by a month and adjusted its full-year guidance to reflect the lower sales.
The next iteration of EA's popular "Battlefield" series will now launch on Nov. 20, the company said in a release. That distances the release from some other highly anticipated game launches such as Activision Blizzard's "Call of Duty: Black Ops 4" and Take-Two's "Red Dead Redemption 2" — both set to launch in October.
Analysts for Cowen had previously forecast weak numbers for "Battlefield V," saying its original release date would have made the title the "casualty of the crowded October window."
The delay also lowers the company's expected net bookings for fiscal year 2019 to $5.2 billion from $5.55 billion.
"We've had valuable feedback from our community, and we're going to take the time to make some final adjustments and deliver a great experience for our fans," Laura Miele, chief studios officer for the company, said in a statement.