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
Bernstein downgraded semiconductor stock Nvidia on Monday to market perform from outperform, saying the company is facing severe challenges to growth and "headline risk [is] likely to continue increasing."
"Following the company's somewhat chilly guidance cut ... we believe the shares are likely to remain hamstrung," Bernstein analyst Stacy Rasgon said in a note to investors.
Ahead of earnings on Thursday, Nvidia cut its revenue guidance for the fiscal fourth quarter. The company cited "deteriorating macroeconomic conditions, particularly in China," for the lowered forecast, which was Nvidia's second cut in the past three months.
"The latest cut appears much more fundamentally demand-driven, with the question of the 'true' run-rate of the gaming business remaining up in the air for now," Bernstein said.
Nvidia shares slid 1.2 percent in trading Monday to close at $146.45 a share. Bernstein has a price target on Nvidia of $175 a share.
After five years of monster gains, the hot stock cracked in 2018. The shares are down more than 40 percent the last six months.