The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
A Belgian F-16 fighter jet crashed on a road in western France and one of its pilots is hanging from a high-voltage electricity line after his parachute got caught.Aerospace & Defenseread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
A key worry for some is whether libra competes with sovereign currencies like the dollar.Technologyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
The House and Senate plan to vote this week to push the government shutdown deadline back two weeks, delaying another immigration fight and a possible lapse in funding, a House leadership aide said Monday.
Both chambers aim to approve a funding extension by voice vote before Friday's government shutdown deadline. The measure would keep the government open through Dec. 21.
The Republican-controlled Congress hoped to strike a spending deal with Democrats this week, even as President Donald Trump's demand for $5 billion to fund his proposed border wall raised the prospects of a partial government shutdown. But President George H.W. Bush's death and funeral arrangements shifted the focus in Washington away from funding talks this week.
Trump was set to meet with Senate and House Democratic leaders Chuck Schumer and Nancy Pelosi, respectively, on Tuesday morning to discuss government funding. They delayed the talks until next week after Bush's death, Democratic aides said Monday.
Congress already funded five government agencies for the next fiscal year. It still needs to pass spending bills for seven more, including the Department of Homeland Security.
Senate Democrats have said they will agree to put no more than $1.6 billion toward border security and fencing, but not the physical wall Trump seeks. Schumer has put the burden on Trump to avoid a government shutdown. The Senate GOP has 51 seats in the chamber and needs nine Democratic votes to pass a spending bill.
House Democrats, who will have control of the chamber starting next month, appear less willing to give the president border security funding than their Senate counterparts.