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
New Year's Eve will be a chilly one for much of the country, even in places that typically pop champagne on the big night in balmy temperatures.
Las Vegas could see snow and rain Wednesday night and is expected to see a high of only 44 degrees Thursday. The Rose Parade in Pasadena, California, could beat a record low of 32 degrees and the state's Bay Area was under a high-wind advisory.
Those who have spent a year putting together Las Vegas' fireworks show said the party has not been called off yet, but warned that winds of more than 10 miles per hour could force a postponement. "But we'll be ready to go. The theme this year, is 'don't stop the party,' so we're not going to stop it yet," Phil Grucci, coordinating the show, told NBC station KSNV.
The chilly forecast follows the coldest day of winter yet for the Lower 48 on Tuesday. In Omaha, Nebraska, where the wind chill was 10 to 20 degrees below zero, authorities said a man was found dead in the street likely killed by exposure, the Omaha World-Herald reported. Meanwhile, high winds in northern California knocked out power to thousands around the Bay Area and falling trees killed two people in separate incidents in the town of Paradise, according to the Oroville Mercury-Register.
Albuquerque will see a high of 34 degrees, only 42 degrees is expected for Austin, Texas, and Tulsa, Oklahoma can hope for at best 29 degrees New Year's Eve — all at least 12 degrees below normal. On New Year's Day in Pasadena, the National Weather Service said temperatures could break a record low of 32 degrees that was set in 1952.
High winds in California were already wreaking havoc Tuesday. Two people were killed north of Sacramento after trees felled by gusts toppled and fell on a car and a house in separate incidents, Cal Fire told NBC station KCRA.