Fed minutes say "most participants" saw the cut "as part of a recalibration" in response to changing conditions.The Fedread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
SHANGHAI, July 22 (Reuters) - China's Nasdaq-style tech board opens for trading on Monday. The first batch of 25 companies - from chip-makers to new materials firms - will debut on Shanghai's STAR Market.
The STAR Market, complete with a U.S.-style system for initial public offerings (IPO), could be China's boldest capital market reform yet, strengthening Shanghai's position as a financial hub that could rival Hong Kong or New York.
First announced by President Xi Jinping eight months ago, the science & technology innovation board is also part of Beijing's push for tech self-reliance amid the Sino-U.S. trade war, in which Chinese tech giant Huawei has been caught in the cross-fire. For more on the STAR Market backdrop, see below:
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