Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
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
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
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread 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
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
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread 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
A fortune-teller in Virginia has pleaded guilty to committing mail fraud and stealing more than $1 million from her former clients in exchange for "lifting their curse."
The Department of Justice said in a news release that 42-year-old self-proclaimed psychic Sandra S. Marks pleaded guilty Tuesday in Charlottesville federal court to one count of mail fraud and one count of money laundering. She faces up to 20 years in prison on each count.
Marks also will have to return at least $1.2 million to her victims.
Assistant United States Attorney Ronald M. Huber says Marks, who was formerly based in Albemarle County, would tell clients they would need to sacrifice large amounts of money so that a "dark cloud" could be lifted. Huber says Marks promised to return the money but never did.
"A fortune teller cons clients out of more than one million dollars, then launders the proceeds and commits mail fraud. This sounds like the plot line for a Hollywood movie," Clark Settles, special agent in charge of Homeland Security Investigations, said in a statement on Tuesday. "Unfortunately, for Ms. Marks' victims, this was reality."
— CNBC's Sarah Whitten contributed to this report.