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
Defense Secretary James Mattis tore into Russian President Vladimir Putin on Friday for assaulting Western democracy and undermining one of the most powerful U.S. alliances, amid President Donald Trump's repeated calls for Russia's return to the Group of Seven industrialized nations.
"Putin seeks to shatter NATO," Mattis said during his remarks at the U.S. Naval War College graduation. "He aims to diminish the appeal of the Western democratic model and attempts to undermine America's moral authority."
Mattis singled out Putin's seizure of the Crimean Peninsula from Ukraine in early 2014.
In response to Putin's actions, the United States, the European Union and a number of other nations imposed sanctions against Russia.
And the G-8 nations kicked Russia out of the group, marking a return to the G-7 format, made up of the United States, the United Kingdom, France, Germany, Italy, Canada and Japan.
"For the first time since World War II, Russia has been the nation that has redrawn international borders by force of arms in Georgia and Ukraine, while pursuing veto authority over their neighbors' diplomatic, economic and security decisions," Mattis said.
"His actions are designed not to challenge our arms, but to undercut and compromise our belief in our ideals," he added.
The remarks from the Pentagon chief fall out of step with Trump, who has repeatedly called for Russia to rejoin the G-7 group.
"They threw Russia out, they should let Russia come back in, because we should have Russia at the negotiating table," Trump said last week as he prepared to leave for the G-7 summit in Quebec City.
"I think it's better to have Russia in than to have Russia out. Because just like North Korea, just like somebody else, it's much better if we get along with them," the president added.
Trump reiterated his position at the G-7 summit and did so again on Friday, while casting blame on former President Barack Obama.
"President Obama lost Crimea because President Putin didn't respect President Obama, didn't respect our country and didn't respect Ukraine," Trump told reporters outside the White House.
Trump added that he may meet with Putin this summer.