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
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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
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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
Apple's cash on hand fell to $267.2 billion in the March 2018 quarter, as new tax changes have freed up spending options for the iPhone giant.
That's $17.9 billion less than the the $285.1 billion it reported at the end of the previous quarter and the lowest total since June. The company reported the updated number alongside its quarterly earnings Tuesday.
Apple said Tuesday it has returned $275 billion in total capital to shareholders since 2012.
The company has also said it plans to invest in content, emerging markets and U.S. job creation. Apple announced in January it planned to contribute $350 billion to the U.S. economy over the next 5 years, including $38 billion in taxes, $30 billion in capital expenditures, and a continuation of its $55 billion "supercycle " spending rate with domestic suppliers and manufacturers.
That investment plan was helped by recent tax changes which lowered the tax rate on overseas cash being brought back to the U.S.