Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
All trains traveling in and out of New York Penn Station have been halted because of an Amtrak overhead wire issue, New Jersey Transit said Wednesday.Transportationread more
This just might be Fed Chair Jerome Powell's toughest meeting yet because whatever the outcome, odds are high that it will disappoint a large group.Market Insiderread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Shoppers are "very nuanced in their expectations," Ron Johnson, the former CEO of J.C. Penney and the former senior vice president of Apple's retail division, said at CNBC's...Evolveread more
Tesla shares are nearing Morgan Stanley's price target but the firm isn't sure how to tell investors to value Elon Musk's company.Investingread more
Companies are increasingly willing to pay for employees to go to the doctor. Uber is partnering with Grand Rounds, a start-up that sells into the employer channel, to make it...Technologyread more
But it's still unclear when the currently stalled trade negotiations between the two economic superpowers will restart, Lighthizer said.Politicsread more
Apple's iOS 13 update, which will be available in the fall for iPhones, will let Siri read your text messages to you through your AirPods. Here's how to set it up.Technologyread more
Check out the companies making headlines after the bell:
Shares of Snap soared as much as 10%, before paring gains to trade just 1% up, in extended trading Tuesday following the release of the company's strong first-quarter earnings. Snap, the maker of Snapchat, reported a 10 cent loss per share, compared to the estimated loss of 12 cents per share. Revenue was $320 million, topping estimates of $307 million, according to Refinitiv. Revenue grew 39%, outpacing last quarter's 36% growth. The company sited improvements to its ad tools for its better-than-expected revenue growth.
Snap's global daily active users came in at 190 million, topping estimates of 187.22 million. Average revenue per user was $1.68, slightly higher than the $1.62 forecast by analysts.
Shares of eBay rose 5% after hours Tuesday after reporting first-quarter earnings. Beating on the top and bottom lines, the e-commerce company posted earnings per share of 67 cents on revenue of $2.64 billion. Wall Street expected earnings per share of 63 cents on revenue of $2.58 billion, according to Refinitiv.
Gross merchandise value came in below estimates at $22.59 billion. Analysts expected $23.25 billion.
Kraft Heinz shares ticked lower after market close Tuesday after CNBC reported the company is weighing the sale of its Ore-Ida frozen potato business. The business could yield a valuation of $1.5 to $2 billion.
Texas Instruments shares fell more than 2%, after initially jumping more than 4%, after the bell Tuesday based on the semiconductors company's better-than-expected first-quarter earnings. Texas Instruments earned $3.59 billion in revenue, beating the forecast $3.48 billion. Earnings per share were $1.26, higher than the $1.13 analysts predicted.
Texas Instruments estimates second quarter earnings per share of between $1.12 and $1.32 and revenue between $3.46 billion and $3.74 billion.
Shares of Hawaiian Holdings fell slightly in after hours trade Tuesday after reporting strong first-quarter earnings. The parent company of Hawaiian Airlines reported earnings per share of 67 cents, higher than the estimated 64 cents according to Refinitiv. Revenue was $657 million, compared to the $656 million forecast by analysts.
Shares of iRobot tanked 16% in extended trading Tuesday after missing on revenue for the first-quarter. The maker of robot vacuum Roomba earned $237.7 million in revenue, compared to the $251.4 million forecast by analysts. Earnings per share came in at 78 cents, topping estimates of 60 cents per share per Refinitiv.
Six Flags shares popped as much as 3% before paring gains in extended trading Tuesday following the release of the theme park company's first-quarter earnings beat. Six Flags reported a loss of 82 cents per share on revenues of $128.2 million. Analysts had expected a loss per share of 86 cents on revenues of $123.6 million, according to Refinitiv.
Six Flags saw a 8% decrease in the number of guests for the first-quarter. The company's CEO told CNBC's Closing Bell the decrease was due to the Easter holiday shifting out of the first-quarter.