Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday 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
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
"We don't need China and, frankly, would be far better off without them," Trump tweeted.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
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Epstein, a former friend of Presidents Donald Trump and Bill Clinton, was arrested by FBI agents in New Jersey in early July as he stepped off his private plane, which had...Politicsread more
Lowe's is vying for a category of customer that Home Depot has traditionally dominated — the professional contractor.Retailread 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
In an appearance on CNBC's "Squawk on the Street, " Rensi said the president isn't a "political animal." Instead, Trump is a businessman who is interested in the well-being of Americans, Rensi contended.
"[Trump] doesn't like politics at all," said Rensi, who is now a food service and restaurant consultant. "He doesn't really care much for Democrats or Republicans. He's very interested in the American people."
Trump's got it "figured out" on tax reform, Rensi said. "We've got to get this corporate tax rate down," Rensi said. "We're at a huge disadvantage. Our American citizens need more money. We need more disposable income for people to be able to buy things."
The Affordable Care Act, better known as Obamacare, is a "disaster," Rensi added, and the nation's infrastructure and borders need work too.
Earlier Tuesday, Trump got into another social media feud with Sen. Bob Corker, amid the Republican push for an overhaul of the U.S. tax code.
"I don't like the fact that he's so inarticulate so often, but he's got the right strategic ideas," Rensi said. "Listen to his strategy. Ignore his idiot tweets."
Earlier this year, Rensi warned that Trump will become "irrelevant" if he doesn't change his ways and embrace leading. That came after the violent white supremacist rally in Charlottesville, Virginia. Rensi called Trump's response to the event "unacceptable."
Rensi spoke after McDonald's reported before the bell better-than-expected sales for its third-quarter. The stock was up around 2 percent on Tuesday.