Investors largely expected the FOMC to cut rates by a quarter point.The Fedread 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
Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.The Fedread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
President Barack Obama spoke at an event in San Francisco on Wednesday hosted by software company Splunk and addressed how tech can help solve problems.Technologyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle, Washington. While there, he's scheduled to meet with Boeing executives and...Airlinesread more
Steve Dowling, the head of Apple's public relations department, announced he will be leaving this week.Technologyread more
Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett's business model, the Wall Street Journal reported.Marketsread more
Stocks closed little changed after the Federal Reserve failed to signal it will cut rates again in 2019, disappointing traders.US Marketsread more
A New York-based blockchain consulting firm allegedly extorted a Seattle-based crypto start-up with threats to hijack its initial coin offering, in a case announced Wednesday...Technologyread more
According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world.Technologyread more
Stone was arrested last week on multiple charges that included lying to Congress about his communications with Trump campaign officials regarding hacked emails that were published on WikiLeaks during the 2016 presidential election. Stone has pleaded not guilty to those charges. The arrest was a major development in special counsel Robert Mueller's ongoing investigation of Russian meddling in that election.
When asked by the Times if he ever spoke to Stone about WikiLeaks, the president answered: "No, I didn't. I never did." He also denied directing anyone to talk to Stone about WikiLeaks.
NBC News reported last week that Kushner's clearance application was turned down by security specialists amid concerns over his relationship with foreign governments. However, NBC reported, more powerful authorities overruled those considerations and eventually granted Kushner clearance.
Trump's denials to the Times are noteworthy as there are no widespread claims of his involvement in either the Stone or Kushner cases, political watchers say.