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
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
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Reps. Rosa DeLauro, D-Conn., and Lucille Roybal-Allard, D-Calif., say they sent a letter to Homeland Security and the Department of Health and Human Services seeking answers.Health and Scienceread more
Check out the companies making headlines after the bell:
Shares of Boeing ticked higher in extended trading Thursday on news that the aircraft-maker completed 96 flights testing performance of the 737 Max with updated software. The company is working to fix the aircraft's MCAS flight control software and improve pilot training, according to Boeing CEO Dennis Muilenburg. The updates are all steps toward allowing the 737 Max to fly again after fatal crashes and a global grounding.
Shares of H&R Block dipped as much as 2% after hours Thursday after the company released data that showed overall tax liability is down almost 25% on average under the first year of tax reform. "Tax reform represented the largest change to the tax code in 30 years," said Kathy Pickering, vice president of regulatory affairs at H&R Block. The Tax Cuts and Jobs Act puts a small amount of the tax benefit in people's tax refund, which many people think of as their "bottom line." The company said this creates an illusion about the real impact of tax reform.
Shares of the Mosaic Company fell as much as 3% after market close Thursday based on news that the phosphate mining company will be halting its mining operating in Brazil. The company is taking these actions in order to comply with new Brazilian regulations governing mining and dams in the country. The company said it has the inventory to meet near-term market requirements.