Oil jumped 6% on Thursday after Iran shot down a U.S. military drone, prompting President Donald Trump to blast Tehran on Twitter.Energy Commoditiesread more
For doubters thinking the rally is just a last gasp of the decade-long bull market, chart analysts are here to prove them wrong.Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
"I think there's a deceleration in the economy to the point where the railroads, the airlines, the companies, the lenders are all admitting that there's deceleration," says...Investingread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Apple said in a letter released Thursday that tariffs could hurt its ability to compete globally.Technologyread more
Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
Trump tweets after an Iranian surface-to-air missile shot down a U.S. military surveillance drone in what the U.S. calls an "unprovoked attack."Politicsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The last few years have seen a surge of interest in plant-based burgers, but a few restaurant chains remain on the sidelines.Restaurantsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
Trump had been expected to order a so-called Section 301 investigation under the 1974 Trade Act earlier this month, but action had been postponed as the White House pressed for China's
cooperation in reining in North Korea's nuclear program.
Politico said it was not clear how much detail Trump would provide in his announcement, but that administration officials expected U.S. Trade Representative Robert Lighthizer to open a
section 301 probe.
Officials at the White House and U.S. Trade Representative's office were not immediately available for comment.
Trump has suggested he would go easier on China if it were more forceful in getting North Korea to rein in its nuclear weapons program.
While China joined in a unanimous UN Security Council decision to tighten economic sanctions on Pyongyang over its long-range missile tests, it is not clear whether Trump thinks Beijing is doing enough.
"We lose hundreds of billions of dollars a year on trade with China. They know how I feel," he told reporters on Thursday. "If China helps us, I feel a lot different toward trade."
Trump will make a day trip to Washington, D.C., on Monday, briefly interrupting his 17-day August working vacation, a White House official said on Friday.
Politico said the investigation would not mean immediate sanctions, but would ultimately lead to steep tariffs on Chinese goods.