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
Jim Nussle, a former director of the Office of Management and Budget, told CNBC on Wednesday that a strong U.S. consumer is the only thing keeping the country from recession.Marketsread more
Apple should figure out how to capture more consumers in the living room with more content in addition to focusing on its iPhone, analyst Will Power told CNBC on Tuesday.
Apple's services business is worth about $30 billion and growing double digits, said Power, a senior research analyst at R.W. Baird. But shareholders are rarely satisfied with those numbers, he said.
"When you have a $250 billion revenue base, you need more there," Power told "Squawk Box. " "What can they do on the content front. What can they do to really own the living room?" Power asked.
The company will host its 2018 annual shareholder meeting at the new Steve Jobs Theater later Tuesday. The agenda includes votes on compensation for board members and executives. CEO Tim Cook will also field questions from his shareholders
Earlier this month, Apple reported quarterly earnings and revenue that topped estimates, sending its shares higher initially. The stock gains came despite falling iPhone shipments and disappointing guidance for 2018.
Apple's service business includes the App Store, Apple Music, Apple Pay and Apple Care. Its services targets for the quarter fell short of Wall Street expectations at $8.5 billion
Power also said Apple shouldn't focus on any massive acquisitions to satisfy its investors and boost its stock. Instead, the company should focus on what it's good at, he argued.
A massive merger deal would "change the nature of the company," Power said. "It's still a company that's growing at a healthy clip, and we expect that to continue."