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
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread 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
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
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
A Volkswagen spokesperson called the report that CEO Herbert Diess is interested in buying a stake in Tesla "completely unfounded."Technologyread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
At its worst, Amazon plunged 10 percent, dragging Bezos' wealth down as much as $14 billion. The plunge was a reaction to Amazon's report, which revealed lower than expected guidance for the upcoming holiday season. Amazon closed down 7.82 percent for the day.
Bezos' net worth was $138 billion on Wednesday, according to Bloomberg.
Despite beating earnings per share at $5.75 versus $3.14 estimated, according to Refinitiv, Amazon grew revenue at a slower-than-expected pace. Analysts estimated $57.10 billion in revenue for the quarter, according to Refinitiv, and Amazon reported $56.6 billion.
Amazon's guidance for the fourth quarter indicates growth is likely to slow down over a key shopping season. Still, the company expects to see growth for its high-margin cloud and advertising businesses.