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
Boeing, yet again, received no new orders for its troubled 737 Max jets last month as the worldwide grounding of its best-selling plane enters its sixth month.
The dearth of Max orders in July marked the fourth straight month without any new orders for the planes, Boeing said Tuesday.
The slowdown could give European manufacturer Airbus, which reported 389 commercial plane deliveries in the first six months of the year, the crown as the world's biggest airplane maker. Airbus' A320 planes compete with Boeing's 737s in the single-aisle segment, which comprise most aircraft orders.
The Boeing 737 Max planes have been grounded since mid-March following two fatal crashes that killed a total of 346 people. Investigators found similarities between the two crashes and implicated an anti-stall system in both deadly incidents. Boeing has prepared software fixes for the planes, but regulators have not yet said when the planes will be permitted to fly again. Both airlines and Boeing have been force to park the grounded jets, canceling thousands of flights in the process.
Boeing cut production of the 737 Max by about a fifth to 42 jetliners a month in April. The company had originally planned to ramp up production to 57 a month. The Chicago-based jet maker has a backlog of about 4,600 737 planes.
Southwest Airlines said last month that it will pull out of Newark Airport, where it offers up to 37 flights per day, so that it can reallocate its lower-than-expected capacity toward more lucrative markets, especially Hawaii.
The airline flew 34 Maxs before the grounding, and was scheduled to take delivery of an additional 41 of the planes this year. As a result of the grounding, the carrier expects its seating capacity to drop by 11% during the holiday travel season.
In Europe, Irish low-cost carrier Ryanair, says it now plans to fly just 30 Max aircraft next summer, rather than the 58 expected. CEO Michael O'Leary now says the airline is drafting plans to close some markets starting this winter.
In June, Boeing won a vote of confidence in the troubled 737 Max when British Airways' parent International Consolidated Airlines Group, said it plans to buy 200 of the jets. Boeing didn't include the orders in its monthly tally because the order isn't finalized.
— CNBC's Leslie Josephs contributed to this article.