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.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
Sweden's central bank raised rates for the first time in more than seven years on Thursday, saying inflation was now back on track but that it needed to go more slowly with rate hikes in the period ahead.
"As inflation and inflation expectations have become established at around 2 per cent, the need for a highly expansionary monetary policy has decreased slightly," the central bank said in a statement.
"The forecast for the repo rate indicates that the next rate rise will probably occur during the second half of 2019."
The central bank hiked its repo rate by 25 basis points to -0.25 percent. A Reuters poll had shown two thirds of analysts expecting the Riksbank to keep rates unchanged, with the remainder predicting a tightening.
Sweden's currency jumped more than one percent against the dollar on Thursday after the central bank rate decision.
In early London trading, the crown rallied 1.4 percent to 8.9635 crowns against the dollar and as much as 0.8 percent to 10.2460 crowns against the single currency.