Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Stocks in Asia were set to open lower on Wednesday after Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
Elon Musk's dream for human spaceflight took a stellar leap forward in the early hours of Saturday morning.
SpaceX launched its Crew Dragon capsule into space for the first time, in a key test flight to prove to NASA that astronauts will be safe on future flights.
Called Demo-1, the mission launched from NASA Kennedy Space Center in Florida on top of a Falcon 9 rocket.
NASA tweeted soon after the launch: "LIFTOFF! The next big leap in a new chapter of U.S. human spaceflight systems has left the pad."
While there were no humans on board, there was a dummy named Ripley that flew on the mission. Ripley, named after the main character in the 1979 movie "Alien," is equipped with sensors that give SpaceX engineers an idea of what the journey to and from the International Space Station (ISS) is like.
It was the first of two test flights for SpaceX under NASA's Commercial Crew program. Demo-2, the first crewed flight, is scheduled for July. According to NASA's schedule, SpaceX is set to become the first to launch American astronauts from U.S. soil since 2011.
"Today's successful launch marks a new chapter in American excellence, getting us closer to once again flying American Astronauts on American rockets from American soil," NASA administrator Jim Bridenstine said in a statement following the launch.
"This first launch of a space system designed for humans built and operated by a commercial company through a public-private partnership is a revolutionary step on our path to get humans to the Moon, Mars and beyond."
Crew Dragon is slated to autonomously dock to the ISS at approximately 6:00 a.m. EST on March 3. It is carrying about 400 pounds supplies and equipment to the space station.
After the Space Shuttle program was retired in 2011, NASA partnered with the private sector to develop the future of human spaceflight. Currently, SpaceX and Boeing have NASA contracts worth up to $2.6 billion and $4.2 billion, respectively.