Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
U.S. government debt yields rose on Tuesday after a report showed that the manufacturing sector expanded faster than expected in August and the economy grew for the 112th straight month.
The Institute for Supply Management said its manufacturing index rose to 61.3 in August from 58.1 in July, the metric's fastest rate of expansion since 2004.
The report also found that new orders and employment picked up throughout the month, affording investors an upbeat sign for the economy at the start of a typically turbulent month on Wall Street.
The unemployment rate slipped below 4 percent this spring, with forecasters expecting strong economic growth this year thanks to Trump administration's tax cuts and elevated consumer sentiment.
The yield on the benchmark 10-year Treasury note was higher at around 2.9 percent at 3:19 p.m. ET, while the yield on the 30-year Treasury bond was up at 3.066 percent. Bond yields move inversely to prices.
Reopening after the Labor Day holiday, U.S. markets are largely attuned to developments surrounding trade friction.
Last week, the U.S. and Canada failed to secure an agreement to replace the current NAFTA pact by the Friday deadline. While a deal has been arranged with Mexico, President Donald Trump tweeted over the weekend that there was "no political necessity to keep Canada in the new NAFTA deal."
Trump added that Congress shouldn't intervene in the talks, and claimed that if it did, he would "simply terminate NAFTA entirely." Trade talks with Canada are however this week.
Also last week, a Bloomberg report suggested that the U.S. administration was on standby to inflict additional levies on $200 billion worth of Chinese goods as soon as this week. In an interview with the same media outlet, Trump warned that he would consider removing the U.S. from the World Trade Organization (WTO) if it doesn't "shape up."
Investors are also keeping an eye on emerging markets.
In Turkey, the lira has lost at least 40 percent of its value in 2018 over concerns surrounding President Recep Erdogan's policies and the economy.
And the Argentinian government asked the International Monetary Fund (IMF) for an early release of funds from the nation's $50 billion standby financing deal — a move that surprised markets and put the peso under pressure.