American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead 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
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
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
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...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
Check out which companies are making headlines before the bell on Friday:
Goldman Sachs - CNBC's Kayla Tausche reports that Goldman will be the lead underwriter for Twitter's initial public offering. The social networking site announced it had filed a confidential S-1 with the SEC, the first step towards an eventual IPO.
Ulta Salon Cosmetics - Ulta earned 70 cents per share for its second quarter, three cents above estimates, with revenue also coming in above forecasts. The personal care products maker also saw same-store sales improve more than analysts had thought.
General Electric - The manufacturing conglomerate is close to finalizing a nearly $2 billion contract to provide power turbines for six power plants, according to Dow Jones.
Verizon - The telecommunications giant has been upgraded to "overweight" at Evercore Partners, which points to benefits from Verizon's purchase of Vodafone's 45 percent stake in their Verizon Wireless joint venture.
BlackRock - The asset management firm and Pimco bought at least a quarter of Verizon's record $49 billion bond offering, according to Dow Jones. Pimco is said to have bought $8 billion worth, while BlackRock bought about $5 billion, according to sources.
JPMorgan Chase - The megabank will spend $4 billion on compliance and risk controls, according to the Wall Street Journal. The paper said the bank will commit 5,000 extra employees to that effort.
Intel - Intel has been upgraded to "buy" from "hold" at Jefferies, which also raised its price target for the chipmaker to $30 from $27 per share. Among other factors, Jefferies cites Intel's increasing emphasis on chips that consume less power, perform better, and are cheaper.
Aetna - Bank of America Merrill Lynch has upgraded the insurer's shares to "buy" from "neutral".
Under Armour - Credit Suisse cut the athletic apparel maker's shares to "neutral" from "outperform".
Safeway - Credit Suisse upgraded the supermarket operator's stock to "outperform" from "underperform".
—By CNBC's Peter Schacknow
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