Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia edged up Monday morning as U.S. Treasury yields bounced higher after plunging last week which sent markets into a panic.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.Europe Politicsread more
Check out the companies making headlines after the bell:
Shares of Bed Bath & Beyond initially jumped before reversing to trade 6% lower after hours Wednesday following the release of the retailer's mixed fourth quarter earnings. Bed Bath & Beyond posted earnings per share of $1.20 on revenue of $3.31 billion. Wall Street projected earnings per share of $1.11 on revenue of $3.33 billion, according to Refinitiv consensus estimates.
Same-store sales decreased 1.4%, compared to the estimated decrease of 1.3%. The company increased its dividend by a penny to 17 cents per share.
The retailer gave strong guidance, saying it sees full-year adjusted earnings per share between $2.11 and $2.20, topping expectations for $1.80.
Bed Bath & Beyond said it named Patrick Gaston lead independent director. The company said it "plans to announce additional changes to the Board, governance structure and compensation practices in the near future."
Costco shares fell as much as 2% after hours Wednesday following the release of same-store sales data. Costco said comparable sales increased 5.9% in March. E-commerce sales rose 20.6% as the company puts more attention on digital to compete with Amazon. Costco's stock is up more than 21% year to date.
JetBlue shares were slightly higher after hours Wednesday as the airline announced plans to start flying to London in 2021. The stock had already gained more than 3% during the normal session after CNBC reported Tuesday that the carrier was preparing to announce trans-Atlantic flights. JetBlue called an "all hands" meeting with staff at JFK Airport in New York on Wednesday, as well as viewing parties at some of its main hubs.