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
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread 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
Check out which companies are making headlines before the bell:
Bojangles-Bojangles reported adjusted earnings of 17 cents per share in its first report as a public company, coming in 2 cents above estimates. Revenue was slightly above forecasts for the restaurant chain, although its full-year revenue forecast was largely below analyst predictions.
Agios Pharmaceuticals–New data from a clinical trial for an Agios leukemia treatment showed a 40 percent response rate, including complete remission for several participants. Agios also released positive results in studies of two other drugs as well.
Mondelez International–The packaged food company's stock was upgraded to "outperform" from "market perform" at BMO Capital, saying the company is doing well at navigating a challenging operating environment and outperforming its peers in that regard.
Urban Outfitters–BB&T Capital Markets upgraded the apparel retailer's shares to "buy" from "hold", citing a pullback on what it calls "overblown" worries about a slowdown at the company's Anthropologie unit.
Williams-Sonoma–The housewares retailer's stock was upgraded to "outperform" from 'perform" at Oppenheimer, which said the company is well-positioned to capitalize on improving demand trends in the industry.
United Rentals–Hedge fund Jana Partners took a six percent stake in United Rentals, saying it believes shares of the industrial equipment rental company are undervalued.
Dish Network–The satellite TV service company is talking to banks about funding a bid for wireless services provider T-Mobile US, according to reports. The deal being discussed would leave current T-Mobile parent company Deutsche Telekom with a significant minority stake.
Honda–The automaker will restate its financial results for the past year, adding about $360 million in costs related to an expanded recall involving Takata-made airbags.
Google–The search giant was ordered by French regulators to expand its implementation of Europe's new "right to be forgotten" rules.
Eli Lilly–The drug maker's shares are on watch following a 10 percent increase so far this week, as investors await new long-term data on an experimental Alzheimer's treatment. The release of that new information is expected on Monday.
BlackBerry–The smartphone maker may put Google's Android operating system on one of its upcoming units, according to a Reuters report.
WIngstop–Wingstop will debut today on the Nasdaq under the ticker "WING", after the chicken wing restaurant's initial public offering priced at $19 per share. That was above an expected range of $16 to $18, which had been raised from $12 to $14 earlier this week.
LeapFrog Enterprises–LeapFrog reported a fourth quarter loss, with the maker of educational games predicting that growth will resume in fiscal 2017's holiday quarter. LeapFrog calls this year a "year of rebuilding" as it moves to bring its games to devices made by other companies.
Activision Blizzard, Take-Two Interactive–Activision's "Call of Duty: Advanced Warfare" and Take-Two's "Grand Theft Auto V" top the list of digital video game sales for consoles and PCs last month, according to SuperData Research.
Bob Evans Farms–Bob Evans is considering either converting to a real estate investment trust, or selling and then leasing back its restaurant properties. The company will make a final decision within a few months.
Toyota–Toyota is close to unveiling the 4th generation version of its best-selling Prius hybrid car, according to North American CEO Jim Lentz.
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