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
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
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
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
Lockheed Martin reported lower-than-expected third-quarter earnings before market open Tuesday.
Shares of the aerospace and dense contract slipped more than 2 percent in midday trading.
CEO Marillyn Hewson said the company has "a record backlog that supports long term growth." Lockheed Martin raised its expectation for its full-year earnings to a range of $12.85 – $13.15 per share, up from $12.30 – $12.60.
Lockheed Martin said on Aug. 9 it is fielding more missile defense queries amid North Korea tests. The company said customers want to defend themselves against possible incoming missile attacks and are increasingly asking about missile defense systems.
Major defense stocks have surged to record highs this year as President Donald Trump has responded in kind to threats from North Korea. Lockheed Martin's stock closed at an all-time high of $321.15 on Oct. 12, according to FactSet.
Lockheed Martin's stock is up more than 28 percent this year as of Monday's close, according to FactSet.