Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products.Autosread more
Alphabet Inc's Google said Tuesday that keeping phones up to date and secure was in "everyone's best interests," shortly after the U.S. temporarily eased some trade...Technologyread more
Home Depot on Tuesday reported fiscal first-quarter earnings that beat analysts expectations, despite a damp start to the spring in much of the U.S.Retailread more
Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
Semiconductor stocks were sliding again on Monday as concerns over trade flared up again. Six experts weigh in on what this means for the U.S. stock market.Trading Nationread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
August's nonfarm payrolls are expected to show a seven month of 200,000 plus hiring, a sign that the labor market is finally on the mend
.Monthly employment reports are always said to be important on Wall Street, but the August report might actually be a big deal—not so much for what it says about the economy but what it might mean for the Federal Reserve.
Economists expect steady job growth—225,000 and a slight drop in the unemployment rate to 6.1 percent, according to Thomson Reuters. Last month, 209,000 jobs were created and the unemployment rate ticked back up to 6.2 percent.
The shocker would be if that unemployment rate fell even lower than 6.1 percent, highlighting an improving labor market while the Fed is still far away from moving to raise rates. The same discussion could be sparked if the 200,000 plus number expected proves to be a much larger number.