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
There's a group of stocks in the S&P 500 that have significantly moved away from their trading ranges and may be due for a drop as the market takes a pause or investors book profits.
Nearly two months after trading sideways, the S&P 500 is back on pace to reclaim a record. But as the market crawls higher, Goldman Sachs says U.S. stocks are the most overvalued they have been in 40 years, excluding the tech bubble.
"The length of the current rally without a correction has been exceeded only three times since 1930, during the 1960s, mid-1990s and late 2000s, raising investor concern that the market may be overdue for a correction in the near future," warned David Kostin, Goldman's chief U.S. equity strategist in a recent note to clients.
Similarly, Bespoke Investment Group highlighted this week that the recent move higher formed a short-term "flag" pattern, a technical indicator that could eventually result in a sharp move in either direction.