The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
Stocks were headed for weekly losses on Friday as investors worry the U.S.-China trade war is hurting economic growth.US Marketsread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
United Airlines will take its 14 Boeing 737 Max jets off its schedule for another month, through Aug. 3, canceling another 1,290 flights.Airlinesread more
J.P. Morgan economists say they now see a much slower economy in the second quarter, with growth of just 1%.Market Insiderread more
The Pentagon will send additional American troops, drones and fighter jets to the Middle East amid increasing tensions between the United States and Iran.Politicsread more
A spokesman for Nadler told CNBC that the chairman is "okay," and that he "seems to have been dehydrated and it was very warm in the room."Politicsread more
The Moelis & Co. founder says the current market volatility from tense U.S.-China relations is impacting large-cap stocks.Investingread more
[The stream is slated to start at 2:30 pm ET. Please refresh the page if you do not see a player above at that time.]
Federal Reserve Chairman Jerome Powell meets with the media Wednesday to discuss action taken at this week's Federal Open Market Committee meeting. The FOMC sets monetary policy for the central bank.
The Fed has come under scrutiny in recent months for its efforts to normalize monetary policy after keeping its benchmark interest rate anchored near zero for seven years. In particular, President Donald Trump has been a hash critic and has indicated that he regrets nominating Powell to the seat.
Starting in 2019, Powell will begin holding news conferences after each meeting rather than on a quarterly basis as has been practice. The sessions usually last about an hour.
Trump makes one last try to get the Fed to ease up, but it likely won't work
Fed needs to take 'wait-and-see' approach to rate hikes for stocks to get a 'sustained' rally: Cramer
Former Fed Chair Yellen says excessive corporate debt could prolong a downturn