Fed minutes say "most participants" saw the cut "as part of a recalibration" in response to changing conditions.The Fedread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
Tim Armstrong — whose tech career included chief roles at Google, AOL and Verizon — told CNBC on Thursday he thinks of Howard Schultz as a mentor and would support the former Starbucks CEO if Schultz were to run for president as a centrist independent in 2020.
"Howard Schultz has been one of my mentors. He's spent a lot of time with me. I really have a tremendous amount of respect for what he's done at Starbucks," said Armstrong, who was one of Google's longest-serving executives before he left for AOL. "Howard is somebody who's done a lot for this country and a lot for the economy."
Late last month, the billionaire Schultz told CBS' "60 Minutes" that he's considering running for president "outside of the two-party system."
In 2011, Armstrong, as CEO of AOL, was one of the first chief executives to sign onto a Schultz initiative urging corporate titans to stop contributing to political campaigns until lawmakers in Washington pass a bipartisan spending package to control the nation's increasing debt.
Bloomberg, now a registered Democrat, also flirted with running as an independent in the past. But like many other Democrats, he warned Schultz a third-party candidate would split the anti-Trump vote and give the president a second term.