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:
Cameron International—The provider of flow equipment products will be bought by oilfield services giant Schlumberger for $12.7 billion in cash and stock, or $66.36 per share. That represents a 56.3 percent premium over yesterday's closing price for Cameron.
Express—The clothing retailer beat estimates by 9 cents with quarterly profit of 25 cents per share. It also beat revenue estimates, raised its 2015 outlook, and posted a comparable store sales increase of 7 percent. That jump was above Street estimates of a 2.8 percent rise.
Nike—Susquehanna upgraded Nike shares to "positive" from "neutral," saying the recent pullback makes the shares more attractive given the firm's opinion that global growth is sustainable.
GrubHub—The online food delivery service saw its shares downgraded to "equal weight" from "overweight" at Barclays, with the firm citing its more cautious outlook in general for locally-based internet businesses.
Google—Goldman added Google to its "conviction buy" list, saying Google is in the early stages of a multi-year profit margin expansion.
Chico's FAS—The apparel seller earned 35 cents per share for its latest quarter, 3 cents above estimates, with revenue also above forecasts. Same-store sales rose 0.9 percent, compared to the Thomson Reuters consensus estimate of a 0.7 percent decline.
Oshkosh Corp.—The truck maker won a $6.75 billion military contract for 17,000 light tactical vehicles.
BP—BP said its Whiting, Indiana crude distillation unit has restarted after having to be shut down two weeks ago. Gasoline prices in that region had jumped following the shutdown for unscheduled repair work.
PayPal—PayPal is expanding its "One Touch" payment app to 13 new markets in Europe and Australia.
Amazon.com—Amazon expanded its Prime Now service, which promises delivery in one or two hours, to include wine, beer, and other alcoholic products. Separately, the stock was upgraded to "buy" from "hold" at Evercore, which cited valuation.
Toyota—The automaker will restart its plants in Tianjin, China tomorrow, after shutting them down following the deadly chemical explosion August 12.
Accenture—The consulting firm is unveiling a new policy today that will allow new parents to travel less often. The new benefit will apply only to Accenture's North American offices.
Transocean—The oilfield services company said it planned to cancel its next two dividend payments, pending approval at a special shareholders meeting October 29. The oilfield services company will also take writedowns of more than $2.1 billion.
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