It was the third trigger of the recession indicator in less than two weeks.Bondsread 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
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
U.S. government debt prices rose on Wednesday on concerns over U.S. President Trump involvement in an FBI investigation.
NBC News confirmed Tuesday a report from The New York Times that former FBI Director James Comey put together a memo outlining a conversation in which President Donald Trump allegedly asked him to halt an investigation into Michael Flynn, the former national security adviser.
Later on Tuesday, House Oversight Committee Chairman Jason Chaffetz asked the FBI for any records it has on communications between Trump and Comey.
The yield on the 10-year Treasury notes, which moves inversely to price, was lower at around 2.219 percent, while the yield on the 30-year Treasury bond was also lower at 2.899.
Investors in search for safety rushed to the yen, sending the dollar to a six-month low.
The scandals are seen as distracting lawmakers from passing legislation that investors
had hoped would help boost economic growth. "The more focus there is on
"The more focus there is on the headlines, the less there is on the stuff that the market really
cares about, which is fiscal stimulus, tax reform, regulatory reform, any of those issues, " said Aaron Kohli, an interest rate strategist at BMO Capital Markets in New York.
"Within a news cycle, where the constant din of scandal keeps legislators from focusing on the actual matters at hand, it becomes very hard to marshal support for big sweeping changes," Kohli added.
In oil markets, Brent crude traded at around $52.21 a barrel on Wednesday, up 1.08 percent, while U.S. crude was around $49.07 a barrel, up 0.84 percent.
—Reuters contributed to this report.