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
Investor enthusiasm for Beyond Meat is rubbing off on the companies selling its vegan meat products.
Beyond's stock price is now eight times higher than its initial public offering price of $25. The company's market debut in May gave investors their first shot at buying into the growing market for meat substitutes. Euromonitor estimates that the global market for meat alternatives will reach $18.7 billion in sales by 2023.
Restaurants have been adding plant-based meats to their menus in the hopes of attracting customers looking for meatless options. In addition to potentially lifting sales, the menu addition is also boosting those companies' market values.
Another Beyond partner, Blue Apron, also saw a dramatic boost to its market value after it said last week that it would add Beyond's plant-based burgers to its meal kits. Last Tuesday, shares finished the session trading up 35%, raising its market value to $134.7 million, up from $99.6 million the prior day.
The meal-kit provider's stock has floundered as its business has struggled to find a loyal subscription base. It completed a 1-for-15 reverse stock split last month to keep its stock price above $1 and avoid being delisted on the New York Stock Exchange.
The halo effect from Beyond hasn't lasted for Blue Apron. Its market value has dropped by nearly $14 million since July 16, and shares are trading down 2% Wednesday.
Shares of Beyond rose 5% in early trading Tuesday on the Dunkin' announcement, giving it a market value of more than $12.0 billion. The stock hit an all-time high of $208.48 on Tuesday ahead of its earnings report, slated for Monday.