Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread 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
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread 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
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
The European Commission's latest investigation into Google won't conclude before the end of the year, the EU's antitrust chief said Tuesday.
Speaking at a press conference at the Slush tech conference in Helsinki, Finland, European Competition Commissioner Margrethe Vestager said the EU's probe involving Google's AdSense service would "not be done before New Year's." Vestager said last month the investigation was nearing an end which could potentially mean a fine for the search giant.
The EU started investigating Google over its Adsense ad service in 2016, accusing the tech giant of hiding advertisements from competitors in its search function. It has denied the charges. It is the third antitrust case the European Commission has brought forward against Google.
In July, the Commission fined Google a record $5 billion for violating antitrust rules with its Android devices. The previous summer it handed Google a $2.7 billion fine for abusing its market dominance with its comparison shopping service. Google appealed both fines.
Vestager said tech giants like Google and Facebook are facing increasing criticism not just from regulators but from users amid data privacy scandals and monopolistic concerns.
"The giants are still figuring out how to gain back the trust that was lost," Vestager said.