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
(Adds U.S. official's comments on Pence)
CARACAS/WASHINGTON, Feb 24 (Reuters) - Venezuelan President Nicolas Maduro faces a new round of sanctions, regional leaders said on Sunday, after his troops repelled foreign aid convoys, with Brazil branding it criminal and urging allies to join a "liberation effort."
Troops loyal to Maduro violently drove back aid convoys seeking to enter Venezuela on Saturday, leaving almost 300 wounded in clashes with security forces and at least three protesters dead near the Brazilian border.
Juan Guaido, recognized by most Western nations as Venezuela's legitimate leader, urged foreign powers to consider "all options" in ousting Maduro, ahead of a meeting of the regional Lima Group of nations in Bogota on Monday that will be attended by U.S. Vice President Mike Pence.
Pence is set to announce "concrete steps" and "clear actions" at the meeting to address the crisis, a senior U.S. administration official said on Sunday, declining to provide details.
"What happened yesterday is not going to deter us from getting humanitarian aid into Venezuela," the official said, speaking with reporters on condition of anonymity.
Brazil, a diplomatic heavyweight in Latin America which has the region's largest economy, was for years a vocal ally of Venezuela while it was ruled by the leftist Workers Party. It turned sharply against Maduro this year when far-right President Jair Bolsonaro took office.
"Brazil calls on the international community, especially those countries that have not yet recognized Juan Guaido as interim president, to join in the liberation effort of Venezuela," the Brazilian Foreign Ministry said in a statement.
China and Russia, which both have major energy sector investments in Venezuela, have supported Maduro's government and condemned U.S. sanctions.
Meanwhile, Colombian President Ivan Duque, in a tweet, denounced the "barbarity and violence" and said Monday's summit would discuss "how to tighten the diplomatic siege of the dictatorship in Venezuela."
Venezuela's Information Minister Jorge Rodriguez, during a Sunday news conference, gloated about the opposition's failure to bring in aid and called Guaido "a puppet and a used condom." Maduro has denounced Guaido for seeking to foment a U.S-orchestrated coup.
Trucks laden with U.S. food and medicine on the Colombian border repeatedly attempted to push past lines of troops on Saturday, but were met with tear gas and rubber rounds. Two of the aid trucks went up in flames. Rodriguez accused "drugged-up protesters" of setting fire to the trucks.
The opposition had hoped that troops would balk at turning back supplies that are so desperately needed by a population increasingly suffering malnutrition and diseases.
Though some 60 members of security forces defected into Colombia on Saturday, according to that country's authorities, the National Guard at the frontier crossings held firm. Two additional members of Venezuela's National Guard defected to Brazil late on Saturday, a Brazilian army colonel said on Sunday.
"SEALED ITS DEFEAT"
The Brazilian border state of Roraima said the number of Venezuelans being treated for gunshot wounds rose to 18 from five in the past 24 hours. That was the result of constant gun battles, which included armed men without uniform, throughout Saturday in the Venezuelan town of Santa Elena, near the border.
Opposition legislator Americo De Grazia said via Twitter that the death toll had risen to 15 in Santa Elena, though Reuters was unable to confirm this.
The Venezuelan Observatory of Violence, a local crime monitoring group, said it had confirmed three deaths on Saturday, all in Santa Elena, and at least 295 injured across the country.
U.N. Secretary-General Antonio Guterres appealed on Sunday for "violence to be avoided at any cost" and said everyone should lower tensions and pursue efforts to avoid further escalation, according to his spokesman.
Though Saturday's effort allowed the opposition to demonstrate that Maduro was willing to repel aid, many opposition leaders appeared despondent and disappointed that the food and medicine had not gotten in.
U.S. Senator Marco Rubio, an influential voice on Venezuela policy in Washington, said the violence on Saturday had "opened the door to various potential multilateral actions not on the table just 24 hours ago".
Hours later he tweeted a mug shot of former Panamanian dictator Manuel Noriega, who was captured by U.S. forces in 1990 after an invasion.
President Donald Trump has in the past said military intervention in Venezuela was "an option", though Guaido made no reference to it on Saturday.
During a visit to a border bridge to survey the damage, Duque told reporters that the frontier would remain closed for two days to repair the infrastructure and that aid would remain in storage.
"The dictatorship has sealed its moral and diplomatic defeat by showing the world how it persecuted its own with all types of violence," he said.
In the Venezuelan border town of Urena, streets were still strewn with debris including the charred remains of a bus that had been set ablaze by protesters. Residents on Sunday were pulling pieces from the still-smoldering wreckage to sell as scrap metal.
Most were worried about the continued border closure, which prevents residents from going to work or buying basic products in the neighboring nation.
"Today there is still tension, I went onto the street and saw all the destruction," said Auriner Blanco, 38. "The border closure is bad because we need everything they were going to bring over."
(Reporting by Brian Ellsworth and Vivian Sequera; Additional reporting by Ricardo Moraes and Pablo Garcia in Pacaraima, Brazil; Ana Mano in Sao Paulo; Sarah Marsh in Caracas; Nelson Bocanegra in Cucuta, Colombia; Anggy Polanco in Urena and Mayela Armas in San Antonio, Venezuela; Ginger Gibson in Washington. Writing by Angus Berwick Editing by Daniel Flynn, Jeffrey Benkoe and Lisa Shumaker)