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
The wreckage of a US aircraft carrier sunk during World War II has been found by Microsoft co-founder Paul Allen.
The USS Lexington was located on Sunday at a depth of about two miles in the Coral Sea, circa 500 miles off Australia's east coast.
The ship was found by Allen's company Vulcan, which has also located 11 of 35 aircraft associated with the carrier.
"To pay tribute to the USS Lexington and the brave men that served on her is an honor," Allen wrote in a blog post Monday.
"As Americans, all of us owe a debt of gratitude to everyone who served and who continue to serve our country for their courage, persistence and sacrifice."
Launched as an aircraft carrier in 1925, the ship was lost in the Battle of the Coral Sea in May 1942. Some 216 crew members died when fighting three Japanese carriers, although an estimated 2,770 crewmen and officers survived.
The carrier was scuttled by the U.S. Navy after being struck by several Japanese bombs and torpedoes.
As it is considered a war grave by the United States military, the ship will not be retrieved from the depths.
In August last year, Vulcan discovered the heavy cruiser USS Indianapolis in the Pacific Ocean.