These are the stocks posting the largest moves before the bell.Market Insiderread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Corporate executives and money managers have grown increasingly pessimistic about the economy as growth around the world slows.Trader Talk with Bob Pisaniread more
Facebook unveils the Portal TV, a streaming device that comes with a camera and microphones for making video calls via television.Technologyread more
U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased.Economyread more
Four Wall Street firms downgraded FedEx after the company's poor earnings report.Marketsread more
FedEx says trade around the world is starting to feel the squeeze of increased tariffs.Marketsread more
U.S. stock futures point to a modestly lower Wednesday morning open on Wall Street ahead of what the markets in the afternoon expect to be the Fed's second interest rate cut...Marketsread more
Mortgage applications to purchase a home increased 6% for the week and were a strong 15% higher annually.Real Estateread more
The House subcommittee that oversees consumer product investigations launched its a probe of Juul in June, holding two days of hearings in July. In a letter to Juul sent...Health and Scienceread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Two prominent tech leaders are joining President Donald Trump's advisory board to direct the future of workforce policy, the U.S. Department of Commerce announced Wednesday.
Apple CEO Tim Cook and IBM CEO Ginni Rometty are among the 25 members appointed to the American Workforce Policy Advisory Board, which will work "to develop and implement a strategy to revamp the American workforce to better meet the challenges of the 21st century," according to the announcement. The board will be co-chaired by Commerce Secretary Wilbur Ross and the president's daughter and advisor Ivanka Trump.
The board is part of a government initiative to help bridge the skills gap that is widening in the modern economy due in part to the rise of automation and the increasing need for high-tech skills as artificial intelligence gains the potential to replace more jobs. The board is charged with several tasks to help bridge the skills gap that will bring the country up to speed with advancing technology. Members will work on a national campaign to promote education and training, recommend ways to provide more relevant labor market data and come up strategies to foster efficient private sector investments in education.
To implement their strategies, members of the board will work with the National Council for the American Worker, which was established through executive order by Trump. Beyond tech CEOs, leaders in education, retail and government were also appointed to the board.
In a statement sent through a spokesperson, Rometty said, "Emerging technologies like artificial intelligence will change the way every job is done. I look forward to finding new ways for all Americans to participate in this digital era by building the job skills that are already in demand in our economy."
Apple did not immediately respond to CNBC's request for comment.
Here is the full list of board members:
Jay Box, President, Kentucky Community and Technical College System
Walter Bumphus, President & CEO, American Association of Community Colleges
Jim Clark, President & CEO, Boys & Girls Clubs of America
Tim Cook, CEO, Apple
Tom Donohue, CEO, U.S. Chamber of Commerce
Juanita Duggan, President & CEO, National Federation for Independent Business
Elizabeth Goettl, President & CEO, Cristo Rey Network
Marillyn Hewson, Chairman, President, & CEO, Lockheed Martin
Eric Holcomb, Governor, Indiana
Barbara Humpton, CEO, Siemens USA
Al Kelly, CEO, Visa
Vi Lyles, Mayor, Charlotte, North Carolina
Bill McDermott, CEO, SAP America
Sean McGarvey, President, North America's Building and Trades Unions
Doug McMillon, President & CEO, Walmart
Craig Menear, Chairman, President, & CEO, Home Depot
Michael Piwowar, Executive Director, Milken Institute
Scott Pulsipher, President, Western Governors University
Kim Reynolds, Governor, Iowa
Ginni Rometty, Chairman, President, & CEO, IBM
Scott Sanders, Executive Director, National Association of State Workforce Agencies
Johnny C. Taylor, Jr., President & CEO, Society for Human Resource Management
Jay Timmons, President & CEO, National Association of Manufacturers
Sheree Utash, President, WSU Tech
Marianne Wanamaker, Professor, University of Tennessee