Even with better economic data, the market is betting the Fed will cut rates by 50 basis points in July, after dovish comments from two Fed officials.Market Insiderread more
Iran on Friday denied President Donald Trump's assertion that the U.S. Navy has destroyed one of its drones, saying all of its unmanned planes were safe.Politicsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Market researcher James Bianco believes it's crucial to get a half point cut at the next Federal Reserve meeting.Trading Nationread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
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President 's nominee to the Supreme Court will face senators on the Judiciary Committee on Tuesday for the first day of his confirmation hearings. The hearings will begin with opening statements from Kavanaugh and lawmakers, and are expected to last three to four days.
Trump nominated Kavanaugh, a judge on the U.S. Circuit Court of Appeals for the District of Columbia, to replace former Justice , who often served as the court's swing vote. His confirmation by the Senate would likely move the high court to the right and solidify a conservative majority for years to come.
Democrats have vigorously opposed Kavanaugh's nomination and argued for hearings to be postponed, though the party does not have a clear path to blocking his nomination.
The GOP needs only a simple majority to confirm Trump's nominee thanks to a rule change last year, and the Senate's composition narrowly favors them with 50 Republican lawmakers currently serving in the body. Three Democratic senators voted to confirm Trump's last nominee, Justice , to the court. Gorsuch was confirmed by the full senate last April by a vote of 54–45.