Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Stocks in Asia were set to open lower on Wednesday after Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
Check out the companies making headlines after the bell:
Shares of HP Inc. rose more than 1% in extended trading after the software company reported second-quarter earnings that beat expectations. The company reported earnings of 53 cents per share on revenue of $14.04 billion, while analysts polled by Refinitiv had expected earnings of 51 cents per share on revenue of $13.97 billion.
Shares of HP Enterprise fell nearly 1% after the information technology company reported mixed second-quarter earnings. The company reported earnings of 42 cents per share, compared with the expected 37 cents per share, and revenue of $7.15 billion, compared with the expected $7.4 billion.
Boeing stock rose nearly 1% in after-hours trading after the Federal Aviation Administration told U.N. aviation agency members on Thursday that it expects Boeing's grounded 737 Max jets to return to air in the U.S. as early as June. It was not clear Thursday when other countries would clear the flights.
Shares of Intuit rose as much as 3.5% after the software company reported third-quarter earnings that beat expectations. The company reported earnings of $5.55 per share on revenue of $3.27 billion, while analysts had projected earnings of $5.40 per share and revenue of $3.23 billion, according to Refinitiv consensus estimates.
Shares of Autodesk tanked 9% after the software company reported first-quarter earnings that missed estimates. The company reported earnings of 45 cents per share on revenue of $736 million, while Wall Street had expected earnings of 47 cents per share on revenue of $740 million.
Ross Stores stock fell more than 3% in after-hours trading, despite first-quarter earnings that beat on the top and bottom lines. The company reported earnings of $1.13 per share on revenue of 3.80 billion, while Wall Street had expected EPS of $1.12 on revenue of $3.79 billion.
Deckers Outdoor stock jumped more than 4% after the footwear designer reported better-than-expected fourth-quarter revenue and gave strong guidance for the current fiscal year. The company reported earnings of 85 cents per share and revenue of $394 million. Analysts had expected revenue of $379 million.