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:
Activision Blizzard – The video game producer is firing Chief Financial Officer Spencer Neumann for cause "unrelated to the company's financial reporting," according to a Securities and Exchange Commission (SEC) filing. The Wall Street Journal reports that Neumann will be named as the new Netflix CFO as early as this week, quoting a personal familiar with the matter.
Alphabet – Alphabet's Google unit has won Federal Communications Commission (FCC) approval for its new radar-based motion sensing device. Google was granted a waiver to operate the sensors at a higher power than is currently allowed under FCC rules.
Amazon.com – Evercore lowered its price target on Amazon shares to $1,800 from $1,990 per share amid lowered e-commerce and advertising revenue estimates for 2019. Evercore still rates Amazon "outperform," however.
Comcast, Altice USA, AT&T – In a new report on the cable industry, JPMorgan Chase rates these stocks as "top picks" in the sector. The firm said NBCUniversal and CNBC parent Comcast is undervalued based on its free cash flow, and that it expects "solid results" from AT&T. JPMorgan calls Altice "very compelling" given the strength at its cable peers.
Hertz Global – Hertz agreed to pay a $16 million fine to settle an accounting case, according to an SEC filing. The car rental company had been accused of materially misstating pretax income due to accounting errors, although Hertz did not admit or deny the accusations in agreeing to the settlement.
Nokia, Ericsson – The two companies have struggled to capitalize on the issues facing Chinese telecommunications rival Huawei, according to a story in today's Wall Street Journal. European wireless providers tell the paper that the two companies have been slow to release telecommunications equipment that is as advanced as Huawei's offerings.
Bausch Health – Bausch was upgraded to "overweight" from "neutral" at Piper Jaffray, which said the drugmaker is exhibiting earnings stability as well as the potential for long term growth. Bausch is the company formerly known as Valeant Pharmaceuticals.
Wells Fargo – Wells Fargo was upgraded to "sector perform" from "underperform" at RBC Capital Markets, which cited valuation. The bank's shares fell about 25 percent in 2018.
Sirius XM Holdings – The stock was upgraded to "overweight" from "neutral" at JPMorgan Chase, which sees a buying opportunity in the satellite radio operator's shares after a recent pullback.