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 panels ignited at an Amazon warehouse in Redlands, California in June 2018, Bloomberg reports. The news comes days after Walmart sued Tesla for at least 7 fires...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
Quirky is broadening its vision and amplifying its sound.
The crowdsourcing inventor platform has announced another major partnership—this time with Harman International, a maker of audio equipment, to develop the "headphones of tomorrow."
Harman and Quirky are entering the extremely competitive space for such products, with Apple's recent acquisition of Dr. Dre's Beats and 50 Cent's launch of SMS Audio.
Quirky founder and CEO Ben Kaufman told CNBC's "Squawk Box " on Wednesday the best new ideas may come from the bedroom, not the boardroom, but when it comes to scale and scope, it may pay to partner with industry leaders.
According to Kaufman, Quirky has received nearly 20,000 audio and entertainment products to date from its community of everyday inventors.
What once began as an incubator and manufacturer of ideas, Quirky expanded its reach when it partnered with General Electric in November 2013 to develop smart home technology.
When he first launched the company six years ago, Kaufman was vehemently opposed to the idea of partnerships.
"I had no intention to really reach out and partner with other companies. But when our collaboration with GE worked out, it just made sense to keep going," he said.
Kaufman's Quirky empire has been burgeoning, and he was even approached by ABC's "Shark Tank," which airs in syndication on CNBC, as a potential host.
"About a year and a half ago, I did speak with 'Shark Tank,'" said Kaufman. "'Shark Tank' is great, but I don't think money is the barrier to making products. Plus, I'm not a money dude; I'm a product person."