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
At SXSW yesterday, YouTube CEO Susan Wojcicki announced that the platform would start adding information from Wikipedia to conspiracy-related videos within the next few weeks. "We will show a companion unit of information from Wikipedia showing that here is information about the event," she said. The company is "using a list of well-known internet conspiracies from Wikipedia" to pull from. However, YouTube appears to have left one party in the dark: "We were not given advance notice of this announcement," said the Wikimedia Foundation in a statement on Twitter.
According to Wikimedia, this partnership isn't a formal one with either Wikimedia or Wikipedia. "We are always happy to see people, companies, and organizations recognize Wikipedia's value as a repository of free knowledge," the company said. YouTube doesn't need to officially partner with Wikimedia to use information from Wikipedia, but it's still a bemusing tactic to make such an announcement without any official word passed between the two.
Wikimedia added that its content is possible because of the millions of people who make donations, as well as those who edit and contribute to the site. In a series of follow-up tweets, Wikimedia notes that it has thousands of editors monitoring content and that those tracking conspiracy theories specifically have sometimes spent years doing so. "Wikipedia's content is also freely licensed for reuse by anyone, and that's part of our mission: that every single person can share in free knowledge," Wikimedia says. "We want people all over the world to use, share, add to, and remix Wikipedia ... At the same time, we encourage companies who use Wikimedia's content to give back in the spirit of sustainability."
Read more from The Verge:
NASA could look to Star Wars for building better space-bound robots for repairs
The 2018 Tomb Raider movie dials down the franchise's tackiness
A $1.6 Billion Spotify lawsuit is based on a law made for player pianos
That Wikimedia expects something from YouTube is clear. The account retweeted community member Phoebe Ayers, who said YouTube should be running tests with Wikimedia's help to begin with. "Does linking result in increased traffic?" Ayers tweeted. "Increased vandalism? It's not polite to treat Wikipedia like an endlessly renewable resource with infinite free labor; what's the impact?"