Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
Asia Pacific markets traded mixed on Friday morning as investors remained worried over trade tensions between the United States and China.Asia Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
You're likely to shell out more cash for consumer electronics over the next five years as connected hardware grows in popularity, according to Euromonitor.
In a report released on Tuesday, the market intelligence firm noted that a shift in consumer preferences will boost both sales value and volume of high-end products such as smart wearables and LCD televisions by 2021.
"Consumers are much more sophisticated and thus, their expectations have risen too," explained Loo Wee Teck, Euromonitor's head of consumer electronics.
For example, consumers made do with General Packet Radio Service (GPRS) and third generation (3G) internet data speeds in the past but they are now demanding for Long-Term Evolution (LTE) services for high speed access, he noted.
Here are some of the products expected to be in hot demand by 2021.
Retail value of this sector is projected to hit $45 billion in 2021, versus the estimated $18.7 billion for 2016, Euromonitor found.
"The appeal of wearables extends beyond the niche demographics of techies and fitness enthusiasts. Consumers are buying wearables as fashion accessories and to look cool," noted Loo.
Smart wearables in particular, which include the Apple Watch, are poised to reap healthy sales.
Value sales of smart wearables are expected to hit $37.2 billion by 2021, from $12.2 billion presently, Euromonitor said. In comparison, activity wearables are set to rise to only $7.4 billion in 2021 from $6.5 billion currently.
Unlike their smart counterparts, activity wearables such as the Fitbit fitness trackers only boast one function and don't allow for installation of third-party apps.
Sales of wireless speakers are projected to reach 73 million units by 2021, a whopping 25 percent growth between 2016-2021.
Wireless speakers still remain a relatively niche product compared to more in-demand items like smartphones, but the product's growth isn't based on quantity.
"For consumers who buy wireless speakers, the quality of the speakers will be a primary purchase criterion. Established brands like JBL and Bose stand to benefit, as consumers are willing to fork out a higher price for proven quality," said Loo.
Retail value sales of LCD TVs are set to outperform volume sales by 2018, the report noted.
"The push for ultra-high-definition (HD) is paying dividends for TV manufacturers, as consumers are easily sold on the pretext that more pixels, i.e. higher resolution, equates to better video quality," explained Loo.
Declining cable TV subscriptions and the explosion of internet television isn't expected to derail LCD TV growth either, he added.
"The fact that consumers are watching more shows on their mobile devices will also help sales as consumers have acquired the habit of multiscreen viewing."
—Follow CNBC International on and Facebook.