After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported in their fiscal second-quarter earnings.Retailread more
The sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot pink, lacy and bejeweled lingerie.Retailread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Apple's move into banking could break a key relationship point between customers and wireless carriers such as Verizon and AT&T, according to MoffettNathanson.Marketsread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Donald Trump signed a memorandum on Wednesday to automatically cancel the student loan debt of disabled veterans. More than 25,000 service members will have their...Personal Financeread more
Reps. Rosa DeLauro, D-Conn., and Lucille Roybal-Allard, D-Calif., say they sent a letter to Homeland Security and the Department of Health and Human Services seeking answers.Health and Scienceread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"That's a go, but they are still negotiating the specifics of the contract," a source within the Nevada's governor's office told CNBC on Wednesday afternoon. The source noted that it could be a week before the deal is official.
Nevada Gov. Brian Sandoval will hold a news conference on Thursday in Carson City to make a "major economic development announcement,'' according to a media advisory from the state. Tesla spokesman Simon Sproule declined to give details but confirmed Tesla officials would be at the event.
In July, the automaker announced that it had partnered with Japanese electronics firm Panasonic to build the 35 GWh cell factory. It also said it would announce additional partnerships in the coming months.
Analysts at Lux Research expect the "gigafactory " to reduce the cost of the Tesla Model 3 by $2,800, which it says is "not enough to sway the success of the planned lower-cost EV."
Tesla also considered California, New Mexico, Arizona and Texas as possible locations for the factory.
—CNBC.com staff. CNBC's Mark Berniker and Reuters contributed to this report.