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
[The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a player above at that time.]
The finalists from the Council for Economic Education's National Economics Challenge on Monday will put their problem-solving skills to the test Monday in a high school economics competition hosted by CNBC's Andrew Ross Sorkin.
Over 10,000 participants compete for the opportunity to participate in the finals, which are held annually in New York City. The competition recognizes high school students for applying their knowledge of economic principles to real-world events.
The top eight teams in each division will square off against each other. The David Ricardo Division is for first-time competitors who have taken one economics course. The Adam Smith Division is for Advanced Placement, international baccalaureate and honors students, as well as any returning competitors. The national champions from the United States and China will face off against each other in a final quiz bowl.
Here are today's teams:
USA David Ricardo Division:
USA Adam Smith Division:
China David Ricardo Division:
China Adam Smith Division: