Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The stream is slated to start at 2:30 pm ETThe Fedread more
This is a comparison of Wednesday's FOMC statement with the one issued on May 1 after the Fed's previous policy-making meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If you're concerned about what Wednesday's Fed decision means for your bank account, mortgage loan or credit card — as well as student debt, home equity loan and car payment —...Personal Financeread more
The Federal Open Market Committee's quarterly economic forecast includes the so-called dot plot of where members see interest rates heading.The Fedread more
Employees spoke out on issues like forced arbitration, workplace equity and Project Dragonfly at Alphabet's annual shareholder meeting.Technologyread more
The Federal Reserve lowered its inflation forecast for 2019 while keeping the growth expectations unchanged.The Fedread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
"It's been an incredible 13 years, and I'm proud of what Twitter has accomplished during my time with the company," Williams said in a statement. "I will continue rooting for the team as I focus my time on other projects."
He took over the CEO role from founder Jack Dorsey in 2008 before ceding that role to outsider Dick Costolo in 2010. He left the company in 2011, and Dorsey eventually reclaimed the CEO role in 2015.
Over the past few months, Williams has been drastically decreasing his stake in Twitter. He owned about 14.6 million shares of the company as of December, down from 29 million shares last April.
Williams is currently the CEO of Medium, a San Francisco tech company that allows writers to publish long-form pieces. Medium recently achieved notoriety as the venue where Jeff Bezos posted his response to alleged threats from the National Enquirer to publish explicit photos of him.