American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead 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
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
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread 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
"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
Amazon representatives told a group of retailers on Monday that it hopes to allow furniture sellers that do not deliver nationwide to join the platform, according to a report in Furniture Today. Retailers could list their products on the platform with a menu of services options, like "white glove delivery," as opposed to giving their products to third-party shippers, according to Furniture Today.
CNBC reached out to Amazon for comment, but did not immediately hear back. Wayfair declined to comment.
While Amazon has not formally announced changes to its furniture program, a New York Times report earlier this year indicated that the e-commerce giant has big plans when it comes to home furnishings. Seattle-based Amazon is mulling brick-and-mortar stores for furniture and appliances, to take advantage of technology like augmented or virtual reality, the Times reported.
Amazon has also continued to invest in new fulfillment centers for bulky items, including a New Jersey facility announced last week.
Still, shares of Wayfair are up 24 percent so far this year, as of Monday's close. A recent survey of high-income consumers by Piper Jaffray showed that Wayfair's brand finished third, under IKEA and Ashley Furniture, as favorite room furniture and home decor brand.