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
JPMorgan shared with its clients the firm's best U.S. gaming stock ideas.
The average gaming stock the research group follows is up nearly 60 percent this year compared with the S&P 500's 15 percent gain.
"We continue to see attractive upside in U.S. gaming stocks, relative to other areas of our coverage universe," analyst Joseph Greff wrote in a note to clients Wednesday.
"We believe the current backdrop of healthy free cash flow (and reasonable yields), high short interest, and an active M&A environment, combined with a stable macro outlook for the U.S. consumer (low unemployment, stable housing, low gas prices), supports our favorable outlook for U.S. centric gaming operators, despite their YTD outperformance."
Greff said on average U.S. gaming companies reported third-quarter earnings before interest, tax, depreciation and amortization that were 3 percent above Wall Street expectations.
Here are three overweight-rated companies that JPMorgan recommended with 2018 year-end price targets.