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And all countries, he said, need to guard against the risks of drastic adjustments of asset prices. Could China's corporate sector, which has a relatively higher leverage level, spark the next financial crisis after the GFC a decade ago?

Analysts expected sales to drop 12.3 percent. Consumer spending represents about two-thirds of the US economy.

Analyst: Amazon’s new 1-day shipping initiative will increase sales by up to B, drive stock to ,600

An online post emerged Tuesday, containing nearly 500 million pieces of information related to the hotel group's customers, including registration information, personal data and booking records of the group's wide range of hotel brands.

And if you’re a retail, commerce, or logistics startup with plans for an empire of your own, why would you consider giving your hard-earned venture capital to a company that’s inclined to stomp on your neck the minute you prove you have a viable business? There are lots of companies that compete with their suppliers, such as Apple, which spends millions with Samsung on memory chips and displays, but that’s mainly because phone makers don’t have an easily available alternative for those products. Cloud customers do; as noted above, moving between cloud providers isn’t trivial, but some of the most promising cloud technologies under development right now, such as containers, Kubernetes, and serverless technologies, are being designed to make that process much easier.