These are the stocks posting the largest moves before the bell.Market Insiderread more
Target beats second-quarter earnings expectations thanks to an increase in traffic and sales. The retailer also boosts its full-year estimates.Retailread more
Bank of America CEO Brian Moynihan is not worried about an economic slowdown as the U.S. consumer is still in a strong place.Banksread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Fitbit is hoping to shift its business model from relying on hardware sales to selling health plans and governments on software and services.Technologyread more
Lowe's also tops rival Home Depot on same-store sales growth in the U.S.Retailread more
"As long as the trade situation remains fluid, it will present an additional layer of uncertainty and complexity as we plan our business," Target CEO Brian Cornell said.Retailread more
Hedge funds are steering away from battered tech and semiconductor stocks, while bottom-fishing in health care names, according to Goldman Sachs.Marketsread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
Dow to open higher; strong retail earnings; Gundlach says Fed lost control; negative-yielding corporate debt soars; and Trump on payroll tax cutMarketsread more
HONG KONG, Aug 16 (Reuters) - China has the option to "forcefully intervene" to quell violent protests in Hong Kong, an influential state-controlled tabloid warned in an editorial on Friday, lashing out at what Beijing describes as U.S. interference in Hong Kong.
"Beijing hasn't decided to forcefully intervene to quell the Hong Kong riots, but this option is clearly at Beijing's disposal," the Global Times wrote in the editorial.
"The People's Armed Police assembling in Shenzhen has sent a clear warning to the Hong Kong rioters," the newspaper said, referring to exercises that the paramilitary force has been conducting this week in the mainland Chinese city that borders Hong Kong.
"If Hong Kong cannot restore the rule of law on its own and the riots intensify, it's imperative then for the central government to take direct actions based on the Basic Law."
Beijing has repeatedly accused the United States of interfering in Hong Kong, and U.S. officials including lawmakers have been stepping up warnings for China not to crack down on the protesters.
The nationalist tabloid, published by the ruling Communist Party's official People's Daily, said the situation in Hong Kong "won't be a repeat of the June 4th political incident in 1989," referring to the bloody military crackdown on pro-democracy demonstrations in Beijing's Tiananmen Square 30 years ago.
"Washington will not be able to intimidate China by using the turmoil 30 years ago. China is much stronger and more mature, and its ability to manage complex situations has been greatly enhanced," the Global Times said. (Reporting by Tony Munroe Editing by Mark Heinrich)