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
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
"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 final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread 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
Bank of England Governor Mark Carney says trade war has a confidence effect on business around the worldMarketsread 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
The battle lines are being drawn, and the rhetoric is heating up for another fiscal battle royale that could jolt the stock market and maybe even shut down the government.
While analysts see the chances of a shutdown as fairly low, they do see the odds rising, as acrimony rises in Washington — between Democrats and Republicans—and Republicans and Republicans.
The GOP leadership has moved toward a plan to fund the government past Sept. 30, only if Democrats agree to strip funding from the Affordable Care Act. The bigger skirmish ahead is the debt ceiling, which House Republicans have vowed will not be raised.
The Treasury Department has said the $16.7 trillion debt limit will be reached in October, and Treasury Secretary Jack Lew said it will not be raised because it pays for expenditures authorized by Congress.