In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
Stocks in Asia traded lower on Monday morning, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
Deutsche Bank Chief U.S. Economist Joseph LaVorgna said on Wednesday that the chances the Federal Reserve will raise interest rates in September could be 60 percent if there is a strong jobs report Friday.
The Deustche Bank economist told CNBC's "Power Lunch " that the market is right about Fed rate hike chances.
"It's about 35 percent for September," he said. "If you get a strong report on Friday, those probabilities will rise maybe to 60 percent."
He later added, that the Fed will be on the cautious side and probably skip September.
LaVorgna views contrast with those of Allianz's Mohamed El-Erian, who on Tuesday said he sees an 80 percent chance the Fed will raise interest rates in September if the jobs report is strong. Other economists agreed, saying he makes a good point.
Market expectations are for non-farm payroll growth of about 180,000 this month.
The Fed hasn't raised interest rates since December, when it raised it by a quarter of a percent. But the Fed has indicated that it will raise interest rates at least once this year.
ADP and Moody's Analytics released a report Wednesday that said private companies added 177,000 positions for the month of August. That's above Wall Street's estimates for 175,000.