The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
The U.S. Air Force's top general says he hasn't received direction to send additional bombers to the Middle East after what is believed to be Iranian attacks on Saudi Arabian...Defenseread more
Facebook has partnered with Ray-Ban maker Luxottica to develop augmented-reality glasses code-named 'Orion', people familiar with the matter told CNBC.Technologyread more
"I believe the path to 'health care for all' is a path following the lead of the Affordable Care Act," House Speaker Nancy Pelosi tells Jim Cramer.Health and Scienceread more
The pet food and product retailer posted net sales of $1.15 billion, topping estimates of $1.13 billion, according to a survey of analysts by Refinitiv.Retailread more
E-cigarette maker Juul Labs Inc.'s sales have been halted on two websites in China, just days after it launched in the world's biggest tobacco market.Biotech and Pharmaceuticalsread more
Check out the companies making headlines in the premarket Wednesday:
Tesla — Tesla shares surged more than 7% in the premarket after the company reported record delivery and production numbers. The auto maker said it delivered 95,200 vehicles in the second quarter and produced just over 87,000.
Merck — An analyst at Mizuho Securities initiated Merck with a "buy" rating and a price target of $97 per share, implying an upside of 13.4%. The analyst highlighted how the drug Keytruda is driving Merck's "dominance in immuno-oncology."
USANA Health Sciences — The company lowered its full-year earnings outlook and now sees its annual profit ranging between $3.70 per share and $4.10 a share. USANA Health had previously forecast annual earnings between $5 per share and $5.35 a share.
AT&T — The telecom giant is looking to sell its regional sports networks as part of a debt-reduction plan, according to Bloomberg citing sources.
Dell, Microsoft, HP Inc — Nikkei reported that Dell, Microsoft, and HP were among a number of U.S. tech companies looking to shift "substantial" production operations out of China. HP and Dell, specifically plan to relocate as much as 30% of their production capacity out of China, the report said, citing sources.
Canopy Growth — Shares of the Canadian cannabis company fell 7% after co-CEO Bruce Linton said he was fired from his post. "The Board decided today, and I agreed, my turn is over," Linton said in a statement.
Starbucks — Stifel raised its price target on Starbucks to $86 per share from $65 a share, noting it expects the company's second-quarter same-store sales to come in above Wall Street expectations.