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
Amazon CEO Jeff Bezos and Google co-founders Larry Page and Sergey Brin added $8.6 billion to their combined wealth on Thursday, thanks to better-than-expected earnings reports from two of the world's three most valuable internet companies.
Bezos picked up an additional $6.24 billion in value, which likely puts him ahead of Microsoft founder Bill Gates to make him the world's richest person. According to the Bloomberg Billionaires Index, Bezos was worth $83.5 billion earlier on Thursday, about $4.5 billion behind Gates at $88 billion.
Gates still owns 1.3 percent of Microsoft. His wealth also increased Thursday afternoon, by about $340 million, after the software maker's earnings topped analysts' estimates.
Page is $1.2 billion richer and Brin's fortunes increased by $1.15 billion after Alphabet's third-quarter profit blew past expectations. Prior to the results, they were worth $49.3 billion and $48.2 billion, respectively.
Technology leaders are climbing the ranks of the world's wealthiest people this year as their businesses outperform the rest of the market. Six of the top 10 names on the list are founders of U.S. tech companies.