The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
Here's how Amazon sells ads, and why it has a natural edge over Google and Facebook in some areas.Technologyread more
Netflix reports earnings Wednesday as it loses licensed shows to rivals launching their own streaming services.Technologyread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to Cohen's campaign-finance probe should be unsealed — and denied a request...Politicsread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.Technologyread more
Gov. Phil Murphy of New Jersey announced a lawsuit against the IRS and Treasury Secretary Steven Mnuchin, responding to new, final rules from the IRS that would largely block...Personal Financeread more
Check out the companies making headlines after the bell:
Shares of Autodesk rose over 9 percent during the extended session Tuesday. The software design company reported earnings of 29 cents a share, slightly above analysts' expectations of 27 cents a share. Autodesk reported $661 million in revenue, versus an estimate of $640 million.
Foot Locker shares surged over 12 percent after the company reported earnings of 95 cents a share, about 3 cents more than analysts expected. The shoe retailer narrowly beat revenue expectations, reporting $1.86 billion. Analysts had expected $1.85 billion. Same-store sales for the company are up 2.9 percent versus 1.6 percent estimated by Refinitiv.
BJ's Wholesale shares rose over 6 percent after hours. The company reported earnings of 39 cents a share, beating analysts' expectations of 34 cents a share. The wholesale retailer also beat revenue expectations, reporting $3.22 billion in revenue. Analysts had expected $3.17 billion.
Gap shares went down 1 percent despite narrowly beating earnings expectations. The retailer reported earnings of 69 cents a share versus an estimate of 68 cents a share. Gap reported $4.09 billion in revenue, beating predictions of $4.00 billion. Gap's same-store sales were flat, missing Refinitiv analysts' estimates of 1.1 percent.