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
Check out the companies making headlines after the bell:
Shares of Levi Strauss fell 6% following the release of the denim maker's second quarter earnings. Levi reporter earnings per share of 7 cents on revenue of $1.31 billion.
T-Mobile rose 2.9% after news that the wireless carrier will replace Red Hat in the S&P 500. The change will be effective prior to the open of trading on Monday, July 15. IBM closed its acquisition of Red Hat Tuesday, prompting its removal from the index.
Facebook ticked higher after David Marcus, the social media company's vice president of Messaging Products, responded to questions from the U.S. Senate Banking Committee. Marcus said Facebook needs governments, central banks and regulators involved in the launch of its Libra cryptocurrency.
—CNBC's Salvador Rodriguez contributed to this report.