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
Facebook on Thursday announced the removal of 559 Pages and 251 accounts that it says broke the company's rules against spam and "coordinated inauthentic behavior."
The company said it chose to disclose the removal of these accounts and pages due to the "timing ahead of the U.S. midterm elections."
Facebook said many of the Pages in question were using fake accounts to share links across groups on Facebook. Those accounts would hit the Like button on those links, artificially inflating engagement, the company said in a blog post.
"They post clickbait posts on these Pages to drive people to websites that are entirely separate from Facebook and seem legitimate, but are actually ad farms," the company said. "This activity goes against what people expect on Facebook, and it violates our policies against spam."
The company didn't specifically accuse the accounts of spreading fake news related to the midterms, only saying that they shared "news" stories and artificially inflated engagement to help the stories spread.
"...these networks increasingly use sensational political content – regardless of its political slant – to build an audience and drive traffic to their websites, earning money for every visitor to the site. And like the politically motivated activity we've seen, the 'news' stories or opinions these accounts and Pages share are often indistinguishable from legitimate political debate," Facebook said in the blog post.
The move is the latest effort by Facebook to combat the spread of fake accounts and misinformation on its service, which has been a major issue and source of criticism for the company since the 2016 U.S. elections.