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
Check out which companies are making headlines after the bell Wednesday:
Tesla Motors - Shares wavered after the company missed shipment expectations and reported a unexpected quarterly loss of 13 cents per share on $1.1 billion in revenue. Wall Street had expected the luxury car maker to report earnings of 31 cents per share on revenue of $1.23 billion.
Cisco Systems - The tech giant reported second-quarter profit of 53 cents a share on sales of $11.94 billion, compared to projections of 51 cents per share on $11.80 billion in revenue, according to a consensus estimate from Thomson Reuters. The company also forecast better-than-expected earnings, sending shares up about 3 percent.
Whole Foods - The organic food seller handed in first-quarter earnings of 46 cents a share on $4.67 billion in revenue, topping earnings forecasts of 45 cents a share and meeting revenue estimates of $4.67 billion.
FireEye - The stock rose some 6 percent after the network security provider reported a narrower-than-expected net loss, while sales beat Wall Street projections.
Zulily - Shares plunged about 19 percent after the online retailer missed on the top and bottom lines. The company also issued light first-quarter and full-year guidance.
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Correction: This story has been updated to reflect that Tesla missed fourth-quarter shipment expectations.