Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, July 31, 2019. Andrew Harrer | Bloomberg | Getty Images Two words from Federal Reserve Chairman Jerome Powell — “midcycle adjustment” — may have …

Tim Cook, CEO of Apple, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. Brendan McDermid | REUTERS Apple stock dropped sharply after President Donald Trump said on Thursday that the U.S. will put an additional 10% tariff on $300 billion …

Michael Novogratz Anjali Sundaram | CNBC Bitcoin bull Michael Novogratz is seeing the same rush of enthusiasm toward Beyond Meat that came at the height of the crypto bubble. The former Fortress hedge fund manager said while big ideas — like new alternatives to animal meat and money — capture …

The bond market is bent on having its way and is now pricing in a Fed mistake. In a swift reversal, the bond market began to price in more easing a day after Fed Chairman Jerome Powell surprised markets with a low commitment to future interest rate cuts and a …

A flag waves outside of a Wells Fargo bank branch October 3, 2008 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Wells Fargo will bounce back, according to Dick Bove, senior banking analyst at Odeon Capital. The firm raised its rating on Wells Fargo to …