Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
Electronic material that Infowars host Alex Jones turned over to families of Sandy Hook Elementary School shooting victims who are suing him contained images of child...Politicsread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
Eleven banks that lend to shipping lines announced Monday that climate impact will be integrated into the criteria that determines how much shipping companies can borrow, an...Transportationread more
Florida businessman Barry Honig agreed to a proposed judgment with the SEC in a case it called "classic pump-and-dump schemes," according to Monday filings.Crimeread more
"The recent Iranian attacks validate the reliable, credible intelligence we have received on hostile behavior by Iranian forces," Shanahan says.Politicsread more
"They're fun. They're companies you know or can learn about," he said, "and you can happily buy them into weakness if you've done the homework and you believe in their...Mad Money with Jim Cramerread more
"The idea that you can put it in dog food and it's going to calm your dog ... I think that's pretty hokey," former FDA chief Scott Gottlieb says.Health and Scienceread more
Australia's economy faces myriad headwinds that could trigger interest rate cuts from the central bank, taking borrowing rates further south from current historic lows.
"Leading indicators suggest that a case can be made for further cuts: Confidence is low and consistent with weak growth, inflation expectations are falling and the unemployment rate is rising," Credit Suisse wrote in a note Friday, arguing that rates could fall to 1.5 percent.
Consumer confidence slumped over 12 percent on year in November, according to a joint survey from the Melbourne Institute and Westpac, marking the ninth straight month of pessimists outnumbering optimists - the longest slump since the global financial crisis. Meanwhile, Australia's official jobless rate rose to a 12-year high of 6.2 percent in October.
Lower inflation also paves the way for rate cuts, Credit Suisse said. Headline consumer price inflation cooled to an annual 2.3 percent during the third-quarter, the lower end of the central bank's 2-3 percent target band.
Most importantly, markets have started to price in cuts, it said. The dominant view among major banks is still for the Reserve Bank of Australia to hike interest rates in 2015, but Credit Suisse says the behavior of the spread between 10-year bond yields and the cash rate is "abnormal" and doesn't reflect that view.
"The average experience of the past four tightening cycles is that the real yield curve should steepen significantly ahead of the first rate hike. Instead, it has flattened... This suggests that higher rate predictions are too aggressive and that the first rate hike could be further away than mid-2015," it said. "Alternatively, it could suggest that we are not in a tightening cycle at all, and that further easing is still possible."
Read MoreAustralia bears sharpen their claws
List of economic woes goes on
Increased angst about the recent commodity downturn could see the central bank cut rates within the next six months, Alliance Bernstein wrote in a note earlier this month. Iron ore prices are down over 40 percent so far this year, trading at five-year lows.
A decline in housing construction will also increase the probability of easing, the group said. The recent boom in the sector is widely regarded as one of the economy's bright spots and a key factor in offsetting slowing mining investment.
"Building activity is still rising, but leading indicators are leveling out. By mid-2015, the lion's share of the sector's upswing will be over. And with macro prudential measures in the cards, the housing downside could unfold more abruptly than currently expected," Alliance Bernstein said.
The Australian Industry Group's closely watched gauge of construction activity eased in October, moving off September's record highs, while official data showed building approvals tumbling 11 percent on month in September, much worse than the 1 percent fall expected.
Morgan Stanley also predicts easing measures. "The last Australian recession was back in 1991. Avoiding one at this juncture requires a change in policy settings to a more stimulatory stance," the bank said in a report this month.