After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
The sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot pink, lacy and bejeweled lingerie.Retailread more
Ford is one of four automakers that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of...Autosread more
As the markets continue to push higher, the big question for investors remains, is the rally sustainable?
On CNBC's "Power Lunch", Professor Jeremy Siegel of University of Pennsylvania's Wharton School said "We could see 19 thousand or even 20 thousand on the Dow by the end of the year."
Siegel added that we need to see good earnings guidance to power to new highs, but there are a lot of positive signs right now. Not only have commodity prices stabilized, but despite some concerns in the market he sees no hard landing or devaluation in China.
On the flip side, Jack Ablin, Executive Vice President and Chief Investment Officer of BMO Private Bank thinks the U.S. markets are overvalued.
Ablin said, "The refrain we hear is, "where else are you going to put the money?" That doesn't sound like the ingredients of a bull market."