"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
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Yields slipped after Powell said that the central bank will continue to act as appropriate to sustain the economic expansion.Bondsread 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
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
Semiconductor stocks and shares of Apple slid on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative" to their...Technologyread more
The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by...Autosread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread 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
These are the stocks posting the largest moves in midday trading.Market Insiderread more
Things may be shaking up inside the White House.
Now, Trump might be looking to replace Chief of Staff Reince Priebus, Axios reported Friday morning after speaking to one of the president's top aides. The Wall Street Journal wrote later in the day that President Trump has been unhappy with the "infighting" among top aides, according to an unnamed official.
Citing unidentified aides and advisers, Axios said it's possible that Bannon could depart from the White House. Bannon has called reports that he was ready to quit "100 percent nonsense."
"Things are happening, but it's very unclear the president's willing to pull that trigger," one top aide to Trump said, according to Axios.
Possible chief of staff replacements could include Trump's economic advisor, Gary Cohn, who hails from Goldman Sachs; Wayne Berman of Blackstone Group; or House Majority Leader Kevin McCarthy.
WATCH: Steve Bannon removed from National Security Council in shakeup