It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Dallas Fed President Robert Kaplan would like to avoid additional stimulus but is keeping an "open mind."The Fedread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making comments about his role in the "deep state."Technologyread more
It was the third trigger of the recession indicator in less than two weeks.Bondsread more
Automakers are trying to deal with President Trump's efforts to roll back Obama-era fuel efficiency rules.Autosread more
Mark Zuckerberg has been on a selling spree in August and has unloaded $526 million worth of stock this year.Technologyread more
Palantir CEO Alex Karp said billionaire investor Peter Thiel is right to question Google's decision to work in China, while abandoning military contracts in the US.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
U.S. manufacturer growth slowed to the lowest level in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Stocks launch into November at record highs, as if October was just a bad dream.
But that does not mean the volatility that punctuated October's roller-coaster trading will end, as markets focus on the activities of global central banks and weigh the health of the world economy. In the U.S., this Friday's October jobs report could be a major market event, especially since the Fed ended its bond buying program in the past week and has said its future path on interest rates will be dependent on the economy.
The Bank of Japan Friday juiced global stock markets by announcing the expansion of its already massive monetary stimulus program, and separately, the Japanese government's pension fund expanded its purchases of foreign and domestic stocks. The Dow and jumped more than a percent, adding to the week's gains. The Nikkei Friday jumped nearly five percent, and the yen plummeted to a near 7-year low against the dollar.