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
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
Apple kicked off its annual Worldwide Developers Conference on Monday where it unveiled its new software for Mac, iPhone and iPad as well as a new $6,000 Mac Pro.
WWDC is when Apple typically pulls back the curtains on where its software is heading. The company has announced a new version of its iOS at WWDC every year since 2009. At Monday's event it unveiled version 13, which comes with a new dark mode and updated apps.
Apple also announced its new macOS that will make iOS apps available to 100 million Mac users. The announcement fits into Apple's new focus on selling services to existing device users as the smartphone market has slowed down.
Beyond that, Apple TV and the Apple Watch also have new software updates.
All of the software updates announced Monday will be immediately available for developers. Everyone else will receive them for free in the fall.
Here's everything Apple announced Monday:
Apple announced a new Mac Pro at Monday's event, which it said is its most powerful ever. The new system offers robust features for professionals dealing with large files like videos. Apple built a new card called Afterburner that can process 6 billion pixels per second to achieve more efficient video editing. The Mac Pro has 1.5 terabytes of system memory and a 1.4 kW power supply. The Mac Pro will start at $5,999 and be available this fall.
Apple also introduced a new 32-inch display called the Pro Display XDR. It has what Apple calls extreme dynamic range, which produces more accurate colors. The Pro Display XDR will start at $4,999 and also be available in the fall. It does not include the stand, which costs another $999.
Apple introduced its new macOS Catalina.
The big news: iTunes is no more. Instead, Apple is splitting iTunes into three separate apps: Apple Music, Apple Podcasts and Apple TV. Users no longer need iTunes to sync their phones to a computer.
With a new feature called Sidecar, users can make their iPad into a second display for their Mac. The new Voice Control for both iOS and macOS lets users control their devices with their voices using the latest Siri voice recognition technology. It's a feature designed for people with disabilities.
Apple is expanding Find My iPhone through an app called Find My that will also be available for the Mac. Even when the Mac is offline or sleeping, it will send off a Bluetooth signal that can be detected, so users can locate their devices. Apple's new Activation Lock makes it so that a thief would not be able to access a stolen Mac.
Apple is making it easier to create apps that work on macOS and iOS with Project Catalyst, which will be available to developers in the new macOS on Monday. The update means developers can easily bring their iPhone and iPad over to the Mac. It also gives Apple the opportunity to sell even more apps on the 100 million Macs being used today.
Developers had been watching for signs of whether Apple's iOS will eventually replace its operating system for Mac, or at least become the primary platform. At last year's event, Apple said that it was not merging iOS with MacOS. But as Apple has shifted its focus into selling services to existing iPhone users as smartphone sales slim down, the mobile operating system has become increasingly more important.
Apple made some of its biggest changes to the iPad's software on Monday. It now runs a new operating system called iPad OS, which is based on iOS for iPhones. It features several new features that make the iPad act more like a traditional desktop computer.
iPad OS will make it easier to multitask. Users can switch between apps more smoothly or even view two windows next to each other. That means an iPad user can put two documents or notes side by side.
Typing and scrolling is designed to be easier to use as well. The keyboard can be shrunken down to make it easier to type with one hand on the screen.
The new system will make it easier to share files through new folder sharing through iCloud drive. Users can also plug a thumb drive, SD card reader or digital camera directly into the iPad to upload files, videos or photos.
Safari on iPad will serve viewers the desktop version of apps, rather than the mobile version to make for a smoother browsing experience. The browser will get new keyboard shortcuts and a download manager.
Apple unveiled its latest version of its iPhone operating system, iOS 13. With the new system, unlocking with FaceID will be 30% faster. App launch speed will be up to twice as fast on the new system.
The operating system got a big redesign with the introduction of dark mode, which gives system menus and apps a dark background. The keyboard will allow users to swipe across letters to type, rather than need to tap individual letters.
Apple added new features to some of its popular iOS apps built into the iPhone. Safari will let users more easily change text size, Mail will now support rich fonts and Notes will have a gallery view. The Reminders app got the biggest rewrite, adding options to easily add photos and locations with a quick type bar. If a user tags a person in a reminder, they will get a notification about it next time they enter a message with that person.
Apple has been working to revamp its Maps with more granularity and a street view mode similar to the one in Google Maps. It expects to roll out the new version of the app to the entire U.S. by the end of 2019.
On the privacy front, Apple announced a new "Sign in with Apple" feature that gives users greater control over the data they share with apps. Developers will be able to include the sign-in for their apps as an alternative to a sign-in option with Facebook or Google, which Apple criticized on stage for gathering too much personal data about users.
With Sign in with Apple, if an app asks a user to share their email address, the user can choose to share their real address or have Apple share an automatically generated address that forwards to their actual account. Apple also announced HomeKit Secure Video, which will analyze home security footage in the home before encrypting it and sending it to the cloud to provide better privacy.
Siri is getting some new updates as well, including a more natural voice. Siri can announce messages through Apple's messaging app or a third-party messaging app. It will also work with third-party apps like Pandora and Waze on CarPlay.
Apple is making it smoother to transition audio experiences between devices, so that users can transfer music or podcasts playing through their Airpods to their HomePod once they get home. Users can also share audio with friends through their devices.
Apple is bringing more apps to the watch, including voice memos, audiobooks and the calculator.
The new WatchOS makes the watch more independent from the iPhone. Users will be able to update their watch software on the device directly, rather than through the iPhone. The OS will support independent apps that don't require a companion app on the iPhone. It will also let users search the full App Store from the watch directly and live stream audio.
Apple is also expanding its health features on the new watch operating system. It will give users more insights into their "activity trends" over longer periods of time. It also adds an app that will alert users when they are being exposed to dangerously loud noise levels.
The company announced a new cycle tracking app for tracking fertility and menstrual cycles. The app will be available both on the watch and to nonwatch users on the iPhone through the Health app.
Apple is redesigning its TV homepage and letting different profiles have their own "up next" lists. Apple's TV operating system will support Xbox and PlayStation controllers to for playing video games.
— CNBC's Kif Leswing contributed to this report.