It was the third trigger of the recession indicator in less than two weeks.Bondsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Stocks traded higher on hopes the Fed chief will confirm expectations of easier monetary policy at a central banking summit this week.US Marketsread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
U.S. manufacturer growth slowed to the lowest in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
A Volkswagen spokesperson called the report that CEO Herbert Diess is interested in buying a stake in Tesla "completely unfounded."Technologyread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
When Apple introduces an iPhone without a headphone jack on Wednesday, it will be the latest in a long line of controversial hardware changes that consumers will be expected to embrace.
Several years ago, Apple eliminated CD and DVD drives from computers, cutting unnecessary weight as the world was moving to streaming media. It was also early in getting rid of Ethernet ports, killing off the wired connection, and last year Apple released a MacBook with just a single USB connection point.
And chargers? Loyalists have boxes of defunct iPod and iPhone docks and cables.
The big bet is that Apple fandom is so great and unwavering that criticism will be short-lived and consumers will get in line — probably a long line. So the Cupertino, California-based company isn't worried about a pro-headphone jack petition that's attracted over 300,000 signatures.
"Although likely a contentious issue with iPhone users at first, we believe this will soon be forgotten," Drexel Hamilton analyst Brian White wrote in a report Tuesday. It "makes room for an additional speaker with enhanced sound quality."
Bluetooth headsets have been on the market for years, but they've been largely fringe devices. Given Apple's $3 billion purchase of Beats in 2014, it's reasonable to expect that brand to be tied to the future of wireless music listening. Beats' wireless earbuds start at $200 and headphones at $300.
Pacific Securities analyst Andy Hargreaves expects the iPhone 7 to ship with Lightning headphones (that plug into the charging port) and an adapter that connects to the port for people who prefer headphones with a traditional jack.