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
Check out which companies are making headlines before the bell:
Wal-Mart – Goldman Sachs downgraded its outlook for the retail giant, lowering the firm's rating on Wal-Mart to "neutral" from "buy." In a note, Goldman said Wal-Mart "has solidified its transition to a winner" and sees the market's price for the stock as having caught up to the company's investments in its business.
General Motors – Guggenheim, anticipating GM's autonomous event on November 30, upgraded the stock to "buy" from "neutral." The firm also raised its price target to $52, saying it expects the automaker "to showcase the advanced status" of its autonomous technology. Guggenheim believes this announcement could give GM a competitive advantage in monetizing the next generation technology.
Cavium – Shares of the semiconductor builder popped more than 6 percent in premarket trading after chipmaker Marvell announced it would acquire Cavium for $40 per share in cash and 2.2 Marvell shares for each Cavium share. Marvell said the acquisition expands the company's addressable cloud data and service market to over $16 billion.
Verizon – The investment arm of Wells Fargo upgraded its outlook on Verizon's stock to "outperform" from "market perform." The firm said "much of the bad news is behind" the telecom giant and expects to hear "a convincing case for both revenue growth and cost containment" from Verizon's fiber initiative.
Qualcomm – The chipmaker is one step closer to completing its $38 billion acquisition of NXP Semiconductors, Reuters reported. The company is set to win antitrust approval in Japan, with the green light expected as early as the end of this year.
Live Nation Entertainment – The live concert specialist had its stock downgraded by Evercore to "inline" from "outperform." The firm said the market has caught up with Live Nation and now adequately values the business.
Equifax – Fidelity sold approximately 1.2 million shares of Equifax on Friday, according to FactSet. Fidelity is the fourth-largest shareholder among mutual funds.
Cardinal Health – Morgan Stanley cut its rating of the health-care services company to "underweight" from "equal-weight."