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
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace, Reuters reported citing a preliminary business survey.Asia Marketsread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread 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 for its 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
Ford is one of four automakers that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of...Autosread more
See which stocks are posting big moves after the bell.Market Insiderread more
"I'd love to say that the optimistic universe is most likely to prevail, but the talking heads talk endlessly about how a recession is inevitable," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Sears reported its first quarterly profit in more than three years thanks to a one-off gain from the sale of stores, but the struggling retailer's sales continued to decline.
The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company.
The company sold 235 stores and its 50 percent interest in joint ventures with three mall operators to real estate investment trust Seritage Growth Properties for $2.7 billion during the quarter.
Sears recognized a $508 million gain on the property deal during the quarter.
That boosted net profit attributable to Sears shareholders to $208 million, or $1.84 per share, in the quarter ended Aug. 1, compared with a loss of $573 million, or $5.39 per share, a year earlier.
Sears said comparable sales at stores open more than a year fell 10.8 percent in the quarter. Total revenue fell 22.5 percent to $6.21 billion.
What is the company's stock doing now? (Track Sears shares.)