Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific were edged up on Tuesday following overnight gains on Wall Street as the earnings season rolls on.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
American comedian Hannibal Buress, who stars in "The Eric Andre Show," has made a recent transition into the world of business as an angel investor — but there's an important...How I Made Itread more
The deal could be announced as soon as next week, according to the report.Technologyread more
President Donald Trump held "constructive" discussions on a range of economic issues including trade and national security issues.Technologyread more
With each passing day, odds rise that congressional inaction could lead to a government shutdown, but that's not the biggest worry Washington has dealt markets.
Congress has a Monday deadline to approve a continuing resolution that would keep the government funded for a short time, while Congress debates the thornier issue of whether to raise the debt ceiling. The Treasury Department has said the $16.7 trillion debt limit will be reached in mid-October, and Treasury Secretary Jack Lew Tuesday warned the government has less cash on hand than anticipated and there is no plan in place to pay all bills once the threshold is hit.
Analysts handicapping the outcome say it's likely the continuing resolution will be passed at crunch time Monday, but the last minute battling may make for choppy markets as traders watch the level of acrimony as a gauge of how debt ceiling talks might go. The government has never defaulted, but the last debt ceiling battle was nasty and resulted in Standard and Poor's cutting the U.S. AAA credit rating.
(Read more: Spending showdown averted for now)
"To me, the market should be more worried about the debt ceiling," said Greg Valliere, chief political strategist at Potomac Research. "I think there will be a deal (on the continuing resolution). There was a little olive branch, or there will be one from (Senate Majority leader) Harry Reid to the House that will be going along with a lower spending level."