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
South Korea will scrap an intelligence-sharing pact with Japan amid an intensifying dispute over history and trade, South Korea's presidential office said on Thursday.Asia Politicsread 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
Cowen internet analyst John Blackledge shared a note to clients Friday with his best internet stock ideas for first-quarter earnings season.
Here are the five outperform-rated Cowen internet stock picks and the 12-month price forecasts.
Cowen's Amazon price target is $1,050, representing 16 percent upside from Thursday's close. The company will report first-quarter earnings on Apr. 27.
"AMZN remains our top idea for 2017 … Our bullish thesis remains unchanged: We believe AMZN will continue to win in large 'non-core' retail markets, specifically food & bev grocery, consumables, and apparel, at the expense of traditional retailers and local merchants. Moreover, we continue to believe it's still early days for eCommerce, and AMZN is best positioned to capture the accelerating shift of dollars from offline to online."