It was the third trigger of the recession indicator in less than two weeks.Bondsread more
U.S. manufacturer growth slowed to the lowest in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Philadelphia Fed President Patrick Harker said he doesn't see the case for additional stimulus after the Federal Reserve's July rate cut.The Fedread more
Stocks fell as fears of an economic recession built up ahead of a key speech from Federal Reserve Chairman Jerome Powell.US Marketsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31 Brexit deadline.Europe Economyread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
While Volkswagen may not want to invest in Tesla, the U.S. carmaker has been scouting locations in Europe for a new Gigafactory there.Autosread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Rent growth is slowing in major U.S. real estate markets, so investors should avoid apartment stocks, according to investment firm Jefferies.
"Initial spring leasing season results have been disappointing in key coastal markets, with San Francisco and New York slowing, and DC as well as Boston remaining sluggish ... beginning to slow down due to supply and rent fatigue," Jefferies' Omotayo Okusanya wrote in a note to clients Wednesday.
He added, "Apartment REITs are still trading at relatively lofty multiples versus their historical levels. We therefore see risk of multiple compression as fundamentals slow."
As a result, Okusanya lowered his price targets and ratings to hold from buy for AvalonBay Communities, Equity Residential and Essex Property Trust. The new price targets for the real estate investment trusts are $188, $66 and $230, respectively.
Okusanya's picks have a 10 percent one-year average return with a success rate of 67 percent, according to analyst ranking service TipRanks, placing him in the top 7 percent of all Wall Street analysts covering any industry.