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
Check out which companies are making headlines before the bell:
JPMorgan Chase—The bank earned $1.54 per share for the second quarter, beating estimates by 10 cents, with revenue also slightly above forecasts. The bank's results were helped by a rebound in its mortgage business compared to the prior quarter, and a drop in legal costs.
Coca-Cola—UBS upgraded the stock to "buy" from "neutral," citing an increasing probability of a breakout in the next year. Among other factors, UBS thinks the company will benefit from favorable trends in both pricing and productivity.
Urban Outfitters—Jefferies raised its rating on the apparel retailer's stock to "buy" from "hold," based on the attractiveness of Urban's "high quality and differentiated" brands, as well as solid management.
Micron Technology—The chip maker is said to be the target of an upcoming $23 billion takeover bid from China's Tsinghua Unigroup.
Intel—The chipmaker's stock was downgraded to "underperform" from "market perform" at Bernstein, which points to weakness in Intel's datacenter business.
Orbitz Worldwide—UBS downgraded the travel website operator's stock to "sell" from "neutral", pointing to antitrust concerns that it feels may prevent Expedia's proposed acquisition of Orbitz from gaining approval by regulators.
Amazon.com—Amazon was upgraded to "buy" from "neutral" at UBS, in part due to strong subscriber growth for its Prime service.
WPX Energy—WPX will acquire privately held RKI Exploration for $2.35 billion in stock, giving it access to the Permian Basin region.
GoPro—Barclays upgraded the high definition camera maker to "overweight" from "equal weight," pointing to solid execution, new products, and brand strength.
JetBlue—The airline reported that revenue per available seat mile fell 1 percent in June, although overall passenger traffic was up 8.8 percent.
Valero Energy—Valero increased its stock buyback authorization by $2.5 billion, adding to the $400 million still remaining under a prior program.
Delta Air Lines—Delta has offered to invest in bankrupt Japanese carrier Skymark Airlines as part of a restructuring for that company, according to a Japanese media report.
Starbucks—The coffee chain has struck a deal to open stores in South Africa, starting with a location in Johannesburg in the first half of next year.
Spirit Airlines—The airline said poor June weather will hurt its second quarter results, and added that pricing pressure could impact its earnings during the rest of 2015.
Google—Google has instituted stricter controls on costs because of slowing revenue growth and smaller profit margins, according to The Wall Street Journal.
Nokia—Nokia confirmed prior reports that it is considering a return to the handset market, and is seeking a partner that would assume manufacturing, sales, and marketing functions. Separately, The New York Times reports that ride service Uber has dropped out of the bidding for Nokia's mapping service.
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