Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
The shutdown of the fire-damaged Philadelphia Energy Solutions refining complex could send gasoline prices higher across the U.S., but particularly in the mid-Atlantic region...Market Insiderread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
Bitcoin topped the $13,000 level Wednesday, rallying to its highest price since January 2018.Bitcoinread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
Wayfair drew backlash and calls from some customers for a boycott after employees protested the company's apparent sale of $200,000 of mattresses and bunk beds destined for a...Retailread more
These are the stocks posting the largest moves midday.Market Insiderread more
The new 4K Apple TV will reportedly be unveiled during the same event that Apple introduces the iPhone 8 and a new Apple Watch. Apple will likely talk more about its new software updates including iOS 11 and the latest versions of tvOS and watchOS, which power the Apple TV and Apple Watch, respectively.
Bloomberg said the new 4K Apple TV, which supports content that's sharper than 1080p and requires a 4K TV, will also support high dynamic range (HDR) content. HDR content provides greater range between whites and blacks on your TV screen allowing you to see darker scenes much clearer, as they were intended by a film studio. Few sources supply that content right now, including Netflix and Amazon, though the latter isn't available on the Apple TV.
Apple has yet to set a date for its September iPhone event. An Apple spokesperson was not immediately available for comment.
Read the full report at Bloomberg.