The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
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
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread 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 the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread 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
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
Slack Technologies' reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.Technologyread more
Rudy Giuliani said on Sunday that there's 'nothing wrong' with taking information from Russians, after the Mueller report laid out extensive ties between the Trump campaign and Russians during the 2016 election campaign.
The president's lawyer told CNN's Jake Tapper, "any candidate in the world would take information," even as Tapper noted the information came from a "hostile foreign source."
The comments came as Giuliani slammed a statement made by Sen. Mitt Romney criticizing Trump after a redacted version of the 448-page Mueller report was released on Thursday. The report found that Russia interfered with the 2016 presidential election but it could not conclude that the Trump campaign conspired with Russia. On obstruction it did not find the president guilty, but it also did not "exonerate" him.
Romney's statement read in part: "I am also appalled that, among other things, fellow citizens working in a campaign for president welcomed help from Russia — including information that had been illegally obtained; that none of them acted to inform American law enforcement; and that the campaign chairman was actively promoting Russian interests in Ukraine."
The statement referred to the infamous 2016 Trump Tower meeting where Trump campaign officials including Donald Trump Jr., Jared Kushner and Paul Manafort agreed to sit down with Russians offering dirt on their Democratic rival Hillary Clinton.
Giuliani called Romney a hypocrite. "Stop the bull. Stop this pious act that you weren't trying to dig up dirt on people," Giuliani said of Romney, who ran for president in 2012 against Barack Obama. Giuliani noted that he had run in the Republican primary against Romney.
He added, "Who says it's even illegal" to get opposition research from foreigners, though he said he would have advised against it and "probably" would not have done it himself.
The Romney statement didn't sit well with the president either. He pinned a tweet mocking the Utah senator to his own Twitter feed.
"If @MittRomney spent the same energy fighting Barack Obama as he does fighting Donald Trump, he could have won the race (maybe)!" it said.