Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Amazon and Alphabet both hit new record highs on Wednesday, as shares of both companies race to $1,000 a pop.
Google Attribution relies on machine learning to show advertisers how effective their ads are across multiple platforms. Google also explained that Google Attribution can help advertisers predict how likely a specific person is to make a purchase.
The company also revealed that it now has information on 70 percent of all credit card transactions in the US, data that will help it continue to effectively target relevant ads to consumers.
Google also held its annual developers conference last week, Google I/O, where it laid out new plans to dive deeper into virtual reality and augmented reality, two areas where tech firms are expected to wage war over the coming years.
Amazon's new record high is likely a result of a culmination of effects in the market.
Retailers such as Macy's, JC Penney had huge earnings misses earlier this month, and the S&P 500's Retail ETF (XRT) posted its worst week of the year on Friday. Amazon has its hand in plenty of successful sectors outside of retail.
Amazon Web Services generated $3.5 billion in revenue for Amazon during the last quarter, a piece of its business that's likely to continue to grow as more businesses rely on the cloud for everything from enterprise storage to AI, IoT and productivity services.
Finally, and perhaps in a bit of a kick-to-the-shin of the nation's largest retailers, Amazon opened up a new brick and mortar bookstore in New York City on Wednesday. Similar locations are already open in Seattle, Portland, Boston and San Diego and show Amazon's attempt to mix retail with both the digital and physical worlds.
Alphabet's Class A shares ended the day 0.73 percent higher at $977.61, while Amazon shares ended the day 0.91 percent higher at $980.35.