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 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
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
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
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
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
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Speaker John Boehner said Wednesday that House Republicans will pass a budget bill this week that withholds funding for Obamacare, setting up a showdown that could push the government toward a partial shutdown at the end of the month.
A short time later, President Barack Obama told a gathering of CEOs that Washington is stuck in a stalemate over budgets, debt and health care costs, leaving government unable to function properly.
(Read more: Obama to CEOs: Washington 'locked up' in a stalemate)
The GOP effort stands little chance in the Democratic-controlled Senate. Funding to operate the federal government runs out at the end of September.
House Majority Leader Eric Cantor, R-Va., said the House will also push to delay the health care law for a year as part of a plan to extend the government's ability to borrow. He said debt ceiling talks will include a path forward on tax reform and approval of the Keystone XL pipeline.
Boehner said the coming debate over raising the $16.7 trillion U.S. borrowing cap would be "no different" than the party's effort in 2011 to link a debt limit hike to federal spending cuts.
(Read more: )
—By The Associated Press with Reuters.