The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
Through the prism of the Good, Bad and Ugly on Wall Street, here are three top items for investors on Thursday.
The stock market has proved baffling to investors of late, with wild triple-digit Dow swings from one day to the next. Case in point, stocks looked like they were going to open higher in early trading Thursday. But that enthusiasm waned, and stocks were unable to continue Wednesday's 274 point rally in the Dow Jones industrial average, which had wiped out a similar-sized decline Tuesday.
Leon Cooperman, founder of hedge fund Omega Advisors, told CNBC on Thursday that while stocks are fully valued, he'd put money in equities over bonds in the next five years. "Thirty percent of the yield more than bonds. I think you can find plenty of stocks ... [that] are much more attractive to me than bonds, " he said in a "Squawk Box " interview."
Just when it looked like Carl Icahn and Apple were on the same page, the activist investor called out the tech giant again on Thursday in an open letter—urging an accelerated stock buyback to boost shareholder value. In response, Apple wrote to CNBC that it always appreciates hearing from shareholders, but pointed to what it called an aggressive capital return program already in place.