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
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
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 — breaching a key psychological level.Bondsread 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
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future...Food & Beverageread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Sundar Pichai's note reads like a response to growing scrutiny from regulators, press and employees, and echoes a consistent theme of how Google helps people.Technologyread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
British Prime Minister Theresa May's Brexit deal is the "worst of all worlds," opposition Labour Party leader Jeremy Corbyn said in the House of Commons on Thursday.
His comments came soon after the publication of the political declaration on the framework for the U.K.'s future relations with the European Union.
"These 26 pages are a testament to the failure of the (Conservatives') bungled negotiations. Nineteen extra pages but nothing has changed," Corbyn said, adding that it fell short of his party's tests to support the deal.
"It represents the worst of all worlds: no say over the rules that will continue to apply and no certainty for the future."
Following her statement to Parliament, May was then forced to defend her deal from all sides of the political spectrum.
Sir Bill Cash, a Conservative Brexiteer and chair of the European scrutiny committee, said the document is "self-contradictory" as European judges would still have a role in deciding British laws.
Cash announced that the committee that he heads will now hold an inquiry into the government's handling of the Brexit talks.
Several Brexit supporting lawmakers also called on May to remove the "backstop agreement" from the withdrawal agreement. The backstop is a safety net that has been put in place to ensure that no hard border is erected between the Republic of Ireland, which is staying in the European Union, and Northern Ireland, which will leave in March as part of the United Kingdom.
Sir Jeffery Donaldson, the Democratic Unionist Party's (DUP) chief whip, said the backstop is unacceptable to his party. Without the support of the DUP, May would likely fail to get parliamentary approval for her withdrawal deal when a vote is held at some point in December.