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
A first round of talks between White House officials and congressional aides has made little progress toward ending the government shutdown, with each side accusing the other of giving no ground.
More discussions were planned for Sunday, while President Donald Trump, who did not attend the negotiating session, was scheduled to be at Camp David for a retreat with White House staff on border security and other topics.
With the talks stalled, House Speaker Nancy Pelosi, D-Calif., said House Democrats intend to start passing individual bills to reopen agencies. The first would be the Treasury Department, to ensure people receive their tax refunds.
"Not much headway made today," Trump tweeted on Saturday after receiving a briefing from the team led by Vice President Mike Pence.
Democrats said the White House did not budge on the president's key demand, $5.6 billion to build a wall along the U.S.-Mexico border. The White House said money was not discussed in depth, but the administration was clear about the need for a wall and the goal of resolving the shutdown all at once, not piecemeal.
Acting chief of staff Mick Mulvaney, in an interview with CNN's "State of the Union," accused Democrats of being there to "stall." Democrats familiar with the meeting said the White House position was "untenable."
A White House official said the meeting included a briefing on border security by Homeland Security Secretary Kirstjen Nielsen. Democrats sought written details from the Department of Homeland Security on their budget needs; the White House said it would provide that.
Mulvaney said Trump was willing to forgo a concrete wall for steel or other materials.
"If he has to give up a concrete wall, replace it with a steel fence in order to do that so that Democrats can say, 'See? He's not building a wall anymore,' that should help us move in the right direction," Mulvaney told NBC's "Meet the Press."
The president has suggested his definition of the wall is flexible, referring to slats and other "border things." Democrats have made clear they see a wall as immoral and ineffective and prefer other types of border security funded at already agreed upon levels.
Trump had campaigned on the promise that Mexico would pay for the wall. Mexico has refused. He's now demanding the money from Congress.