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
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
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
Slack Technologies' reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.Technologyread 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
Resident "Fast Money" crypto expert Brian Kelly breaks down the major differences between bitcoin and Facebook's new cryptocurrency Libra.Fast Moneyread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
Oracle found revenue growth from cloud applications in its fiscal fourth quarter, which helped it surpass analysts' expectations.Technologyread more
Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called LibraThe Fedread more
One person died and three others were injured Saturday when a gunman entered a synagogue outside of San Diego and opened fire as the Jewish community marked the last day of Passover.
The shooting occurred at the Chabad of Poway synagogue in Poway, California about 20 miles north of San Diego. Police said they responded to reports of a gunman around 11:30 a.m.
4 people hit in the shooting were admitted to the trauma unit at Palomar Medical Center at around 12:30 p.m. An older woman died on arrival. The other three patients are in stable condition.
Authorities said the gunman was a white male who was wielding an AR-style rifle. As the gunman fled the scene, an off-duty Border Patrol agent opened fire but did not hit him.
A 19-year-old man was detained for questioning in connection with the shooting. Law enforcement have identified the suspect in custody as John Earnest.
Poway Mayor Steve Vaus said members of the congregation engaged the gunman, preventing greater tragedy.
"It was a hate crime," Vaus told MSNBC.
An open letter posted on the internet under Earnest's name contained an anti-Semitic diatribe. Four law enforcement sources told NBC News that they believe the letter is authentic.
The letter praises Robert Bowers, who opened fire at the Tree of Life synagogue in Pittsburgh six months ago, killing 11 people.
Police said they were also trying to determine whether the suspect was linked to an arson at a mosque in Escondido.
The FBI is also on the scene working with local law enforcement on the investigation.
California Gov. Gavin Newsom expressed condolences to the victims and their families.
"While we continue to learn more about what transpired, we can't ignore the circumstances around this horrific incident," Newsom said. "No one should have to fear going to their place of worship, and no one should be targeted for practicing the tenets of their faith."
Rep. Scott Peters said he was praying for those affected by the shooting.
And President Donald Trump said his thoughts and prayers were with the victims and their families and thanked law enforcement.
"We forcefully condemn the evil of anti-Semitism and hate," Trump said during a political rally in Wisconsin on Saturday.
The shooting comes exactly six months after a shooting at a Pittsburgh synagogue left 11 people dead.