The White House has threatened to slap tariffs on apparel and footwear, leading retailers to speak out about how this would hurt business.Retailread more
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
CNBC's Jim Cramer says Morgan Stanley cutting its worst-case forecast on Tesla so drastically from $97 per share appears to be a gimmick.Investingread more
U.S. aviation officials believe a bird strike may have led to the deadly crash of an Ethiopian Airlines Boeing 737 Max in March, according to a person familiar with the...Aerospace & Defenseread more
Craig Irwin of Roth Capital Partners said Apple tried to buy Tesla six years ago for a higher price than where the stock now trades.Technologyread more
The escalating trade war between China and the U.S. could increase pressure on the overall economy, according to Boston Fed President Eric Rosengren.The Fedread more
May outlined her new Brexit proposals which are being voted on by politicians next month.Europe Marketsread more
The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have filed 23 new complaints against...Restaurantsread more
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of...Real Estateread more
Japanese automakers say they generated more than 1.6 million jobs in the U.S. at manufacturing plants, dealerships and suppliers. Of those jobs, more than 94,000 people are...Autosread more
Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products.Autosread more
The Federal Reserve is expected to hike interest rates for the third time this year on Wednesday, a signal the central bank believes the U.S. economy is growing fast enough to withstand tightening monetary policy.
But the more important part of the central bank's statement, and press conference by Fed Chief Jerome Powell afterward, will be what they say about the future path of rate hikes. If the Fed moves too fast, investors worry it could derail the economy and the bull market.
"Higher interest rates are going to be bad for growth stocks because, by definition, those earnings are farther away in the future," said Charles Bobrinskoy of Ariel Investments, which has $13.2 billion under management. "These value names are earning a lot of money today so in a high interest rate environment, they do better."
Here's what six experts including Bobrinskoy believe investors should look out for when the Fed releases its rate hike decision and how they should play it.