Facebook's Sandberg: No one knows how much impact coronavirus will have on marketing industry
"This is not going to business as usual, and the marketing industry is certainly going to see a real impact. I don't think anyone knows how big. So we're going to watch and look," Facebook COO Sher...
Facebook's new metrics show it's still a one-trick pony
Facebook on Wednesday reported its fourth-quarter earnings with a new metric, average revenue per person across its "family" of apps. It showed that the company still relies almost entirely on its ...
The Fed and Apple earnings will make or break market's return to record highs in the week ahead
Stock prices are bumping up against their highs, but whether they can burst through and hold gains depends on the Fed.
Goldman Sachs predicts the Fed will make two big changes next week
The Fed likely will finish its "midcycle adjustment" and remove language that it will "act as appropriate to sustain the expansion," according to Goldman Sachs.
Powell says the Fed will start expanding its balance sheet 'soon' in response to funding issues
On monetary policy more broadly, Powell stuck to his recent script, saying the Fed stands committed to supporting the recovery but is data dependent and not on a preset course of cutting rates.
Here's what changed in the new Fed statement
This is a comparison of Wednesday's FOMC statement with the one issued on July 31 after the Fed's previous policymaking meeting.
The Fed forecasts no further rate cuts for 2019 and 2020
Ahead of the Fed's 2 p.m. announcement, many economists were forecasting one further cut in 2019, but some investors were hoping for two more this year.
Fed approves quarter-point rate cut but is divided on further action this year
Investors largely expected the FOMC to cut rates by a quarter point.
Google faces a new antitrust probe by 50 attorneys general
The news follows the announcement of a joint state Facebook probe led by the attorney general of New York.