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
The Justice Department declined to charge former FBI Director James Comey following a referral from the department's inspector general's office about leaked memos describing his interactions with President Donald Trump, NBC News reported Thursday, citing law enforcement sources.
Comey said he had penned the memos directly after his meetings with Trump during the early days of his presidency. The memos allege that Trump asked Comey to shut down an investigation into the president's former national security advisor, Michael Flynn.
Comey had shared those memos — which were later released publicly with redactions — with his "good friend" Daniel Richman, a Columbia law professor. Some of the memos reportedly contained classified information, which led the DOJ watchdog office to investigate.
Trump fired Comey in May 2017. In an NBC interview shortly afterward, Trump said, "when I decided to just do it, I said to myself, I said, you know, this Russia thing with Trump and Russia is a made-up story."
Later that month, Deputy Attorney General Rod Rosenstein appointed Robert Mueller special counsel to take over the government's probe of Russian election meddling and possible coordination between Trump's campaign and the Kremlin.
Spokespersons for the Justice Department did not immediately respond to CNBC's requests for comment.
An official familiar with the deliberations about Comey's referral told Fox News that "Everyone at the DOJ involved in the decision said it wasn't a close call ... They all thought this could not be prosecuted."
The Hill first reported that the inspector general's office had sent Comey's referral to the DOJ.
This is breaking news. Please check back for updates.