It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Dallas Fed President Robert Kaplan would like to avoid additional stimulus but is keeping an "open mind."The Fedread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making comments about his role in the "deep state."Technologyread more
It was the third trigger of the recession indicator in less than two weeks.Bondsread 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
Early Facebook investor and Trump supporter Peter Thiel weighed in on the Democrats taking on the president in 2020.
"I'm most scared by Elizabeth Warren," he said on Monday on Fox News' "Tucker Carlson Tonight."
"She's the one that's actually talking about the economy, which is the thing that matters most," Thiel told Carlson. He said the others were "equally unimpressive" as they all were embracing "one form of identity politics or another."
Noting that Google has called its research "a Manhattan Project for A.I," he added. "I would naturally think this would draw the attention of foreign intelligence agencies."
He also said he believes some Google employees ideologically think that the U.S. is worse than China.
Thiel has generally stayed out of the spotlight, but emerged in 2016 to endorse Donald Trump's presidential campaign and speak at the Republican National Convention, a rare move in Silicon Valley. Last year, Thiel donated to the Republican National Committee as Trump was gearing up for his re-election campaign.
He has also spoken out about Google's monopoly power in the past.
Facebook, which competes with Google for billions in online advertising dollars, is also under scrutiny for having too much power over the tech industry.
Representatives from both companies, alongside those from Apple and Amazon, will testify before the House Judiciary Committee about antitrust issues on Tuesday, and Facebook is also appearing before House and Senate committees this week to defend its plan to facilitate a new digital currency called Libra.