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
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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
An internal Facebook investigation has found it is "likely" Russian operatives spent $100,000 on ads with "divisive messages" between June 2015 and May 2017.
A blog post on the issue, which was published on Wednesday, said the operation involved 3,000 separate ads over a two-year period and was likely to have been run out of Russia. In addition, Facebook found 470 affiliated fake accounts and pages.
About $50,000 of the funds — about 2,200 ads— were potentially related to impacting U.S. politics. The majority of the ads did not reference the U.S. presidential election, voting or a specific candidate. However, the ads focused on "divisive social and political messages" about hot-button topics including LGBT rights, race issues, immigration and gun rights. Facebook has shared its findings with U.S. authorities.
Facebook previously said in April it found evidence some groups used its platform to sway the outcome of the recent election. It did not specify targets or who was behind the attack, but said its own findings did "not contradict" a U.S. Director of National Intelligence report in January about Russian efforts to influence the election.
The company has introduced technology improvements like machine learning to detect fake accounts, in addition to more tactics to stop the spread of misinformation and fake news. Some solutions also include decreasing the influence of "spammers" who spread false news links, lowering the number of articles with "clickbait" headlines that exaggerate information or do not present a full picture, and blocking pages from advertising if they share stories that have been flagged as being false.