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
The midterm elections, which Wall Street has largely ignored, could pack some surprises for markets Tuesday.
That however, would be against the conventional view—which is that the election is largely inconsequential, and that the 2016 presidential election is far more important. The entire House of Representatives and 36 Senate seats are on the ballot.
This year the Senate is in play, with Republicans hoping to garner a majority of seats but unlikely to gain the supermajority of 60 percent that would allow them to override a variety of procedural hurdles and run with legislation opposed by Democrats.
But it would give Republicans control of both houses and with a Democratic president, that is seen by some on Wall Street as a recipe for gridlock—which in itself is seen as a plus for markets. Strategists say that some investors see that type of situation as similar to the current dysfunction in Congress, and that is one reason why the market has not yet fully priced in the potential for change.
"I have never seen such lack of attention on the part of investors toward a U.S. election," said Dan Clifton, head of political strategy at Strategas. "I think (Republican Senate majority) is the consensus in peoples' minds. I just don't think anyone's put money to work because of it."