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
Ford's better-than-expected September sales combined with an 11 percent dip in business last month for General Motors has closed the gap between America's top two automakers. In fact, General Motors outsold Ford by just 2,049 vehicles in the U.S. last month. That's close enough that it raises the question of whether Ford has the ability to catch General Motors and become the best-selling automaker in America.
Kurt McNeil, vice president of U.S. sales for GM, said he isn't worried. "You've got to take a little longer view on it. Some of our competitors were extremely aggressive in the incentive spend," said McNeil. "If you look at the quarter we were up 13 percent. The industry was up 10 percent."
Few in the industry expect Ford to catch General Motors anytime soon, mainly because it doesn't have as much capacity in North America. That said, Ford has been steadily closing the gap with GM and many believe that will continue to be the case in the near future.