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
France's presidential front-runner Emmanuel Macron told CNBC he was insistent during his meeting with German Chancellor Angela Merkel on Thursday that he could reform the country and improve relations between the European economies.
"I insisted during my discussion with the (German) Chancellor about my willingness to reform our labor market, to reform our vocational training system, to reform our education and to deliver a sensible fiscal trend," Macron told CNBC shortly after meeting Angela Merkel in Berlin on Thursday.
"Now the key question is to deliver (proposed reforms) so for me is first to be elected, and second to deliver but for sure, for me one of the key elements was to repeat my willingness to restore a strong confidence between France and Germany and to build on this basis a new pro-growth environment and a broader cooperation between our two countries and at the European scale," he added.
For decades the relationship between Germany and France has been viewed as the engine which has propelled the European Union forwards. However, Berlin has become increasingly frustrated with France and accused the country of dragging its heels when it comes to fiscal discipline.
The divergence between the two key pillars of the EU was highlighted during the euro zone's financial crisis in which Germany's finance minister, Wolfgang Schaeuble, insisted on the implementation of strict fiscal policies whereas France complained about what it perceived as a lack of direction and unity.
Both countries are poised to host general elections this year with Macron and Merkel's position decidedly uncertain. French citizens go to the polls in April before electing a new premier in May while Germany's general election is scheduled for September 24.
Macron appears to have consolidated his position as favorite to win the French presidential election in May, according to latest opinion polls, although far-right and anti-EU National Front leader Marine Le Pen still leads the polls in April's first round of the two-stage contest.