Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.US Marketsread more
Trump said he was ordering "our great American companies" to "immediately start looking for an alternative to China, including bringing your companies HOME and making your...Politicsread more
President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.Politicsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a...Technologyread more
The recession obsession has captivated Wall Street, and experts are seeking stocks that can shield investors from the potential pain.Trading Nationread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
After a jarring and brutal week for stocks, markets are primed for further pounding in the week ahead, with China, oil and now the start of the corporate earnings season all posing potential hazards.
Dow futures opened about 90 points or 0.55 percent lower in early Asian trade on Monday, implying triple digit losses for the Dow Jones industrial average. S&P futures shed about 10 points.
On Friday, stocks closed out their worst start to the year ever. The 's sharp 6 percent decline in the past week was the steepest weekly loss since summer 2011 and wiped out more than $1 trillion in market cap. The S&P closed at 1,922, and is now nearly 10 percent below its May all-time high. The Dow, also in a more than 10 percent correction, lost more than 1,000 points for the week to 16,346, while the Nasdaq dropped 7.2 percent to 4,643.
"The U.S. (jobs) data came in pretty good, but there's still a lot of uncertainty coming out of China. Oil prices are breaking new lows as well," said Gina Martin Adams, institutional equity strategist at Wells Fargo Securities. "These are the same issues as in August coming up again. I think ultimately until oil bottoms, stocks are going to struggle. ... Until we get a bottom in oil, it's going to be very tough."