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
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace, Reuters reported citing a preliminary business survey.Asia Marketsread 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
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 sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot pink, lacy and bejeweled lingerie.Retailread more
Ford is one of four automakers that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of...Autosread more
See which stocks are posting big moves after the bell.Market Insiderread more
"I'd love to say that the optimistic universe is most likely to prevail, but the talking heads talk endlessly about how a recession is inevitable," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Check out the companies making headlines before the bell:
Costco – Costco reported adjusted quarterly profit of $1.61 per share, one cent shy of estimates, although revenue did beat forecasts. Costco's same-store sales were higher by 8.8 percent during the quarter, matching forecasts.
Adobe Systems – Adobe earned an adjusted $1.90 per share for its latest quarter, beating estimates by two cents, while the software maker's revenue was slightly above Street forecasts. The maker of popular software like Photoshop and Acrobat also raised its revenue forecast for the full year.
Starbucks – Starbucks shares are under pressure after its announcement that same-store sales growth would remain steady at between three to four percent annually over the long term, even as it expands delivery options and nearly doubles stores in China.
Belmond – Belmond agreed to be bought by French luxury goods maker LVMH for $3.2 billion including assumed debt, or $25 per share for the Bermuda-based luxury hotel operator.
Regeneron Pharmaceuticals – The stock was upgraded to "buy" from "neutral" and added to the "Conviction Buy" list at Goldman Sachs. Goldman said the drug maker has a robust product pipeline, and that any negatives involving the long term market for its eye drug Eylea are already priced in.
Apple – Apple will push software updates to users in China, in a bid to avoid the impact of a court ban on some of its iPhone models in that country. That ban stemmed from alleged infringement of patents held by chipmaker Qualcomm.
Ford, General Motors – Ford and General Motors were rated "buy" in new coverage at Deutsche Bank, which said industry headwinds have prompted deep restructuring and could prompt further collaboration and even consolidation.
Tesla – Tesla was rated "outperform" in new coverage at Wedbush, which said the automaker has revolutionized consumer buying habits and has an impressive product roadmap. Separately, Tesla announced a price cut for its Model S and Model 3 cars in China, after Beijing suspended additional tariffs on US-made cars.
Cisco Systems – The networking equipment maker was downgraded to "buy" from "neutral" at Nomura/Instinet, which thinks IT spending strength may diminish in 2019.
Procter & Gamble – The consumer products giant's stock was upgraded for a second straight day, this time by Morgan Stanley. The firm said P&G's gross margins are improving, and revenue and earnings are growing faster than those of its peers.
Facebook – Facebook is planning a further push into video, with Recode reporting that it would like to sell consumers subscriptions to cable TV networks like HBO.
Walgreens Boots Alliance – Goldman Sachs downgraded the stock to "sell" from "neutral", saying challenges in the retail pharmacy business have intensified and that other initiatives will not produce enough revenue to offset a declining core business.