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
"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
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
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
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
European stocks closed modestly higher on Tuesday after the release of economic data from Germany, but the push higher was capped by concerns over the outcome of the German elections, and the potential "tapering" of the Federal Reserve's stimulus program.
The pan-European FTSEurofirst 300 Index closed provisionally 0.2 percent higher at 1,258.1, after the release of German business sentiment, which showed a rise in September.The Ifo index rose to 107.7 in September, up from 107.6 in August. Analysts polled by Reuters had forecast a rise to 108.2 this month, however.
Technology stocks lead markets higher, with positive sales news for Apple, and reports that Blackberry was edging closer to being bought out. Apple's German-listed shares closed around 1.1 percent higher on the news that it had sold a record 9 million new iPhones over the weekend, while Blackberry's Frankfurt-listed shares closed up about 5.2 percent.
In Germany, newly re-elected Chancellor Angela Merkel has started negotiations with her center-left rivals to form a "grand coalition" between her conservative bloc and the Social Democrats (SPD). Her party notched up its best election result in more than two decades on Sunday, but fell short of an absolute majority.
(Read More: Merkel wins: And now for the hard part)
Investors also continued to fret about the future of U.S. monetary stimulus which weighed on Wall Street and sent Asian markets lower overnight. A raft of comments from Federal Reserve officials in Monday's session added to investor confusion as to when the central bank will taper its monthly $85 billion bond-buying program.
New York Fed President William Dudley and Atlanta Fed President Dennis Lockhart took a dovish tone at the start of the week. Dudley said he supported the Fed's surprise decision to delay tapering, given the lack of economic momentum. Dallas Fed President Richard Fisher, however, was more hawkish, indicating that he would have opposed the inaction if he had a vote.
In stocks news, shares of Telecom Italia advanced 1.7 percent after Spain's Telefonica agreed to raise it stake in the holding company that controls the Italian telecom group.
Follow us on Twitter: