Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that 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
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia 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
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
Check out which companies are making headlines after the bell Thursday:
Ulta Salon - The cosmetics store chain posted earnings of 70 cents a share on sales of $601 million, topping expectations for 67 cents a share on sales of $588 million. Meanwhile, the company handed in current-quarter earnings guidance that missed forecasts and reaffirmed its full-year guidance. Still, shares zipped higher in extended-hours trading.
United Natural Foods - The distributor of natural and organic foods reported earnings of 65 cents a share on sales of $1.64 billion, beating Wall Street estimates for 60 cents a share on revenue of $1.63 billion. In addition, the company handed in full-year earnings guidance that was slightly lighter than current expectations, while revenue was above projections. Shares edged higher in extended-hours trading.
Laboratory Corp - The company was initiated with a "buy" rating at Cantor Fitzgerald and a price target of $115. Shares were unchanged in extended-hours trading.
Franklin Resources - The company lifted its quarterly dividend to 10 cents a share from 9.67 cents a share. Shares ticked higher in extended-hours trading.
—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: )
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