Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.Singapore Summitread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Singapore Summitread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Singapore Summitread more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
U.S. Treasury yields were lower on Thursday, as investors looked ahead to upcoming data and a speech by a member of the Federal Reserve.
The yield on the benchmark 10-year Treasury note sat lower at around 2.129 percent at 2:54 p.m. ET, while the yield on the 30-year Treasury bond was down at 2.731 percent. Bond yields move inversely to prices.
On Thursday, investors were greeted by a cluster of new data, as key economic releases were published throughout the trading day.
The Commerce Department announced that consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.3 percent last month after an upwardly revised 0.2 percent rise in June.
Economists polled by Reuters had estimated consumer spending rising 0.4 percent in July.
The personal consumption expenditures (PCE) price index excluding food and energy edged up 0.1 percent in July after a similar gain in June. The core PCE is the Fed's preferred inflation measure.
U.S. weekly jobless claims totaled 236,000, matching estimates while personal income rose 0.4 percent in July versus a 0.3 percent increase expected.
After a brief improvement in June, home sales continued their downward slide in July. An index of so-called pending home sales, which represent closings one to two months from now, fell 0.8 percent compared to June, according to the National Association of Realtors.
Dallas Fed President Robert Kaplan was in Texas at the NASCO and Dallas County Community College District's Workforce Forum on Thursday, where he gave his thoughts on a panel entitled "improving growth by closing the skills gap."
While geopolitical tensions surrounding North Korea may have eased in the last day, investors will still be on edge awaiting any news surrounding the country's motives.
On Wednesday, U.S. President Donald Trump took to Twitter to state that "talking is not the answer" when it comes to resolving the ongoing tensions the country is dealing with, when it comes to North Korea.
Meanwhile, investors will also be keeping their focus on news coming from Brussels, as leading officials from both the U.K. and European Union wrap up their third round of Brexit negotiations on Thursday.