Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread 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
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Check out the companies making headlines before the bell:
Target – The retailer posted adjusted quarterly profit of $1.82 per share, 20 cents a share above estimates. Revenue also exceeded forecasts. Comparable-store sales were up 3.4%, above the 2.9% estimate of analysts surveyed by Refinitiv. Target also raised its full-year earnings outlook.
Lowe's – The home improvement retailer beat estimates by 14 cents a share, with adjusted quarterly profit of $2.15 per share. Revenue also beat forecasts. Comparable-store sales rose 2.3%, better than the 1.9% consensus estimate.
Urban Outfitters – Urban Outfitters reported quarterly profit of 61 cents per share, 3 cents a share above estimates. Both revenue and comparable-store sales came in below Wall Street forecasts, however, as digital sales growth did not offset declines at the company's Urban Outfitters, Anthropologie, and Free People stores.
Children's Place – The children's apparel retailer earned an adjusted 19 cents per share for its latest quarter, a penny a share above estimates. Revenue was below forecasts, however, and comparable-store sales were down 3.8%, matching analysts' projections. Children's Place also cut its full-year forecast, as it works through a decrease in traffic, an increase in promotional activity, and pressure from the Gymboree liquidation.
Toll Brothers – Toll Brothers beat estimates by 17 cents a share, with quarterly profit of $1 per share. The luxury home builder's revenue also beat analysts' forecasts. Toll Brothers had a drop in orders, however, pointing at possible weaker demand for new homes. The company said lower mortgage rates and strong employment were positive factors going forward.
Tesla – Tesla was sued by Walmart, with the retailer alleging that Tesla's "widespread negligence" is responsible for repeated fires in Tesla solar energy systems. Walmart is asking the court to force Tesla to remove solar panels from more than 240 of its stores.
Alibaba – Alibaba is delaying a planned $15 billion Hong Kong initial public offering, according to Reuters. The decision by the China e-commerce giant comes amid the growing political unrest in Hong Kong.
Cardinal Health – Cardinal Health said its business could be impacted by ongoing opioid-related lawsuits. Cardinal and other wholesale pharmaceutical distributors have been named in about 2,500 lawsuits and Cardinal said it expects to be named as a defendant in additional lawsuits.
Cree – Cree reported adjusted quarterly profit of 11 cents per share, a penny a share above estimates. The lighting solutions company also saw revenue exceed forecasts. The company gave a weaker-than-expected current-quarter forecast, however, pointing to softness in the LED market and the U.S. ban on doing business with China's Huawei Technologies.
CyberArk Software – The cybersecurity company was rated "outperform" in new coverage at Cowen, citing its leadership position in the fast-growing Privilege Access Security segment.