These are the stocks posting the largest moves before the bell.Market Insiderread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
Initially introduced in March 2018, the "Worker Dividend Act" requires firms to distribute the value of its stock buybacks dollar-for-dollar.2020 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
Here are the biggest calls on Wall Street on ThursdayInvestingread more
A Belgian F-16 fighter jet crashed on a road in western France and one of its pilots is hanging from a high-voltage electricity line after his parachute got caught.Aerospace & Defenseread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
Homebuilding stocks have made strides, but the latest good news for the group may not help as much as investors hope, strategists warn.Trading Nationread more
A key worry for some is whether libra competes with sovereign currencies like the dollar.Technologyread more
"I don't think we'll have zero rates in the U.S., but we're thinking about how to be prepared for it, just in the normal course of risk management," Dimon said Tuesday at a conference in New York.
"Obviously, you've got to worry about the long-term effect of those interest rates," Dimon said. "But it's hard. There are businesses it doesn't affect at all. And there are businesses where it just sucks into your margin and there's very little you can do about it."
Dimon, chairman and CEO of J.P. Morgan, admitted that the drop in U.S. interest rates surprised him. Last year, he said that rates should rise and that the 10-year Treasury yield could reach 4%.
The 10-year yield was at 1.69% on Tuesday, down from 2.68% to start the year. It fell as low as 1.44% last month as investors rushed into Treasurys on fears of a global economic slowdown and as the Federal Reserve cut rates. Benchmark bonds in major countries like Germany are trading with negative yields.
The bank can trim costs and charge clients more account fees to make up for squeezed margins as rates fall, Dimon said.