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
A daily morning look at the financial stories you need to know to start the day
-Stock futures are lower after yesterday's down day put the current major index losing streak at five days. Fears about Brexit and dissatisfaction with Fed Chair Janet Yellen's words are keeping investors hesitant.
-Gold has climbed to a 2-year high and is at $1,306/ounce.
-The yield on the US 10-year Treasury bond has fallen below a key support level and is now at 1.56%.
-The Bank of Japan has decided to keep interest rates the same.
-Crude is down more than 1% and at the $47/barrel level. That's a 3-week low.
-Gasoline prices fell another penny overnight to $2.35/gallon, national average.
-Goldman Sachs warns the pound may fall another 11% if the Leave vote wins the June 23 referendum.
-The Hillary Clinton campaign is actively vetting Elizabeth Warren to be her VP choice.
-Hackers have released the Democratic Party's " opposition research" on Donald Trump.
-Walmart is cutting hundreds of jobs and closing 500 invoicing centers.
-After reports that many states' Obamacare plans weren't providing basic services, the Obama administration announced $22 million in funding yesterday to help states make insurers comply.
-Investigators are asking for Facebook's help in investigating the Orlando terror shooter after it was revealed he made several threatening posts on Facebook.
-Iran is suing the US in the International Court of Justice to get $2 billion worth of frozen Iranian assets here in the US.
-US troops may not leave Afghanistan after all.
-Lockheed Martin says if Canada cancels its orders for the new F-35, it will move many of the jobs building that jet to another country.
-The Marine Corps is sending its first women artillery officers to the fleet.
-Didi Chuxing, China's Uber rival, has raised $7.3 billion.