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
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
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
Tesla is delaying its semi truck unveiling by more than two weeks, as the company diverts resources toward fixing Model 3 bottlenecks and producing more batteries for Puerto Rico and other areas in need.
Puerto Rico Governor Ricardo Rossello is expected to speak with Tesla CEO Elon Musk on Friday, according to a spokesman for the government of Puerto Rico.
Musk tweeted out the update on the semi Friday afternoon.
The event had previously been tentatively scheduled for Oct. 26.
Musk added that people on the waiting list for the Model 3 would hear more as soon as Tesla could provide information, and that the company is "deep in production hell."
Musk said the design studio for non-employee Model 3 reservation holders would go live in "probably 6-8 weeks."
Musk had exchanged tweets earlier with Rossello about the possibility of using Tesla solar panels and batteries to help restore power to the island of 3.4 million people.
"I am very serious about considering innovative technology," Rossello said during a Friday press conference. He added that he is interested in green energy generation in Puerto Rico, and that he wants to meet the island's energy needs as quickly as possible while still considering technologies that may better protect Puerto Rico's energy infrastructure in the future.
Puerto Rico was devastated by Hurricane Maria last month.