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
For those who want more power, the new Gran Coupe comes with a brutish, 523-horsepower twin-turbo V-8.Autosread more
Check out the companies making headlines after the bell:
Shares of entertainment and restaurant company Dave & Buster's fell 17.6% during extended trading after missing earnings and revenues estimates and lowering guidance for the fiscal year. The company reported earnings of $1.13 per share on $364 million in revenue for its first quarter, falling short of the earnings of $1.14 per share on $372 million in revenue expected by analysts polled by Refinitiv.
Dave & Buster's also lowered full-year revenue guidance, saying it now expects revenue between $1.365 billion and $1.39 billion. It previously forecast revenue between $1.37 billion and $1.4 billion. The Refinitiv consensus estimate for full-year revenue was $1.399 billion.
French company Dassault Systèmes is nearing a deal to buy Medidata Solutions, a software company focused on clinical trials, people familiar with the matter confirmed to CNBC. Shares of Medidata rose about 5.5%.
Shares of Raytheon and United Technologies held mostly steady after activist investor Bill Ackman came out against the proposed merger between the two companies. United gained about 0.8%, while Raytheon was unchanged.