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 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
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
Read the fine print in your Apple Card contract — one clause means you give up your right to be heard in court.Technologyread 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
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
The move isn't entirely new for GE — its Predix platform was already available on Amazon and Oracle's clouds. But it's an important step for Microsoft, which wants to establish itself as the favored partner for big business.
It won't be easy. Amazon is still the leader in renting cloud computing resources over the internet, a practice commonly called "infrastructure as a service." There's also nothing in the GE deal that steers customers away from running GE's industrial platform in Amazon or Oracle's clouds. Microsoft will now be available as a third option.
Still, Microsoft hopes that when GE's Predix becomes available on Azure next year, its longtime industrial customers will be more likely to adopt Azure. Microsoft also intends to make its other cloud offerings, including Office365, Dynamics and Cortana, work well with Predix.
Monday's announcement puts a spotlight on GE's software ambitions. The industrial giant projects $6 billion in digital revenue in 2016 and has targeted $15 billion by 2020.
At the center of that effort: GE's Predix. It aims to securely link industrial equipment to the internet, to both boost its performance and lower its operating costs.