It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
It was the third trigger of the recession indicator in less than two weeks.Bondsread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making comments about his role in the "deep state."Technologyread 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
L Brands shares fell by as much as 12% at one point, touching $17.61 — a price not seen since December 2009.Retailread more
"The president is not backing down," says CNBC's Jim Cramer, referring to Trump's repeated calls for the Fed to cut rates while talking tough on China.Economyread more
The market rebound this week hasn't convinced the strategist predicting a "Lehman-like" sell-off that the risk is completely off the table.Marketsread more
Overpay for prudence by too much and it can start to look like financial recklessness. Buying a $20 service contract for a $40 toaster is burning cash for the warm feeling of being protected.
But what about paying bloated prices for an entire class of stocks whose main virtue is a reputation for steadiness and a trickle of cash income?
This is the question facing the throngs of investors favoring "defensive" market sectors, especially those crowding into fund strategies engineered to promise most of the rewards of equity investing with a gentler rise.
These include the PowerShares S&P 500 Low Volatility exchange-traded fund (SPLV) and iShares Edge MSCI Minimum Volatility USA ETF (USMV), as well as the sector funds tracking the utilities and consumer staples sectors.