HONG KONG (Reuters) - Asian markets edged lower on Tuesday and the Australian dollar steadied as investors stayed on the sidelines ahead of a Reserve Bank of Australia policy decision that might result in an interest rate cut.
The Supreme Court announced Monday that it will review whether a federal agency may require electric market operators to compensate customers who lower their consumption of electricity during peak demand hours.
Inflation expectations are picking up again, as a rebound in oil prices helps ease an early-year deflation scare. Measures tracked by the Federal Reserve and the European Central Bank have risen to the highest levels since December.
At Comcast, CMCSA 0.63 % the scales of video versus broadband have finally tipped. That shouldn't unbalance profitability. Its quarterly results beat expectations Monday, and the cable giant boosted its buyback program by $2.5 billion.
The Transportation Department said Monday that airlines collected $3.5 billion in bag fees last year, a 5 percent increase over 2013, and $3 billion in reservation-change fees, up 6 percent.