Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.The Fedread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
President Barack Obama spoke at an event in San Francisco on Wednesday hosted by software company Splunk and addressed how tech can help solve problems.Technologyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle, Washington. While there, he's scheduled to meet with Boeing executives and...Airlinesread more
Steve Dowling, the head of Apple's public relations department, announced he will be leaving this week.Technologyread more
Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett's business model, the Wall Street Journal reported.Marketsread more
Stocks closed little changed after the Federal Reserve failed to signal it will cut rates again in 2019, disappointing traders.US Marketsread more
A New York-based blockchain consulting firm allegedly extorted a Seattle-based crypto start-up with threats to hijack its initial coin offering, in a case announced Wednesday...Technologyread more
According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world.Technologyread more
"Avengers: Endgame" has shattered another record.
The 22nd film in the Marvel Cinematic Universe hauled in a whopping $60 million from Thursday night previews in the U.S., the highest preview gross ever.
The previous record holder was "Star Wars: The Force Awakens," another Disney film, with $57 million.
IMAX also reported a record-breaking Thursday night thanks to "Endgame." The film grossed $4.8 million domestically during previews on 412 IMAX screens. This also surpassed the previous record held by "The Force Awakens."
The hotly anticipated film opens Friday in North America and is expected to top a number of box office records as well as make a run for one of the highest-grossing film slots. Fandango reported this week that 8,000 showings on the online ticketing site had been sold out.
Internationally, "Endgame" has earned $305 million in its first two days.
Current industry predictions have the film earning between $260 million and $285 million in the U.S. during its debut. "Endgame" will have the highest opening weekend in U.S. history if it cracks $257.6 million, the current record, held by "Avengers: Infinity War."
Globally, analysts predict an opening ranging between $750 million and $950 million. "Endgame" will likely be the fastest film to hit the $1 billion mark.
Disclosure: Comcast, the parent company of NBCUniversal and CNBC, owns Fandango.