Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Dow to rise; Fed chief Jerome Powell speaks; Fed presidents offer their views; bonds stable; and Larry Kudlow adds a tax twistMarketsread more
Falling air cargo demand could be flashing warning signs about the broader economy.Transportationread more
James Bullard says the Fed should continue to ease monetary policy because of the recession signal being flashed by the bond market.Investingread more
U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Target's latest earning report shows how these investments are driving traffic and sales at a time when other retailers are struggling.Retailread more
European Union officials drafted a plan to launch a sovereign wealth fund to invest in companies that could compete with U.S. and Chinese tech giants, according to reports in...Technologyread more
The chip, called the Ascend 910, was first unveiled in October last year and is aimed at data centers.Technologyread more
Brazilian President Jair Bolsonaro hit back at French leader Emmanuel Macron, after he urged dialogue among G-7 leaders on the rising number of fires in the Amazon rainforest.World Politicsread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
"The economy may be in good shape now, but if we keep getting more and more tariffs it could deteriorate," Jim Cramer says.Mad Money with Jim Cramerread more
An Israeli spacecraft powered by SpaceX rockets will be launched late Thursday in the world's first privately funded moon mission.
The spacecraft, named Beresheet — the Hebrew word for "Genesis" — will be launched from Cape Canaveral Air Force Station in Florida at 8:45 p.m. ET, powered by SpaceX's Falcon 9 rocket.
Around 30 minutes after being launched out of the atmosphere, the spacecraft will separate from the rocket.
Beresheet is projected to land on the moon on April 11 after traveling 4 million miles, making it the longest journey to the moon in history.
The spacecraft cost around $100 million to construct — a fraction of the billions spent by governments in similar projects, and the lowest-budget probe ever to be deployed to the moon. Its landing would see Israel become the fourth country in history to reach the moon, after Russia, the U.S., and China.
Led by nonprofit SpaceIL, the launch is a national project backed by private donors, with state-owned Israel Aerospace Industries involved as a partner.
Beresheet will collect lunar data and deposit a time capsule that includes children's drawings, the Bible, and Israel's Declaration of Independence. The time capsule will remain on the moon indefinitely.
NASA will also participate under an agreement with the Israel Space Agency. The U.S. agency has installed equipment on the spacecraft and will assist with communication between Beresheet and Earth.
Funding was led by entrepreneur Morris Kahn, president of SpaceIL, who donated $40 million of the project's costs.
Kahn — who has a net worth of $1 billion, according to Forbes — founded Aurum Ventures, which invests in life sciences and clean-tech companies.
"We are making history and are proud to be part of a group that dreamed and realized the vision that many countries in the world share, but so far only three have realized, " he said in a press release Tuesday. "I couldn't be prouder than to give this gift to the people of Israel."