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
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"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
Gold and gold miners stocks surged Wednesday as uncertainty following the United Kingdom's vote to leave the European Union led investors to buy safer assets.
Shares of AngloGold Ashanti popped nearly 7 percent, while Harmony Gold Mining gained almost 10 percent. Royal Gold gained more than 4 percent, while Goldcorp and the SPDR Gold Trust (GLD) were modestly higher.
Lifting gold and gold miner shares were the precious metal's prices. Gold futures for August delivery settled up $8.40 at $1,367.10.
Spot gold, meanwhile, hit its highest level in two years Wednesday as bond yields hit record lows and stock markets dropped.
GLD this week
"Panic is back in the market — you can see that not only in gold, but also with stock markets," said LBBW analyst Thorsten Proettel. "Right now, everyone is looking for a strategy from London."
Gold mining also saw a spike as Newmont Mining rose more than 2 percent.
— Reuters contributed to this report.