Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread more
Lowe's is vying for a category of customer that Home Depot has traditionally dominated — the professional contractor.Retailread more
Epstein, a former friend of Presidents Donald Trump and Bill Clinton, was arrested by FBI agents in New Jersey in early July as he stepped off his private plane, which had...Politicsread more
Apple stock won't see much of a lift from its new low-cost iPhone 5c, Jeffries Senior Technology Analyst Peter Misek said Tuesday.
"See, even if it's subsidized, it's pricing itself out of the market, and the reason is that the subsidy amount will be added to your monthly bill, and the average Chinese person, Indian person can't afford it," he said. "It's just too expensive. Every analyst expected – including ourselves – the phone to be priced $300 to $400. This is a lot higher."
Apple announced two new iPhone models, the 5c, which starts at $99 with a subsidy, and the 5s, which starts at $199.
Misek has a $450 price target and a "hold" rating on Apple stock.
(Read more: Apple goes plastic and colorful with new iPhone line)
"That low end of the market is where the growth is. The high end is saturated," he said. "We think this is not a good thing. We were very, very disappointed."