"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
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Yields slipped after Powell said that the central bank will continue to act as appropriate to sustain the economic expansion.Bondsread 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
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
Semiconductor stocks and shares of Apple slid on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative" to their...Technologyread more
The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by...Autosread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them find alternatives to their Chinese operations.Marketsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
These are the stocks posting the largest moves in midday trading.Market Insiderread more
Apple said on Friday that it's delaying the launch of its HomePod smart speaker until next year.
"We can't wait for people to experience HomePod, Apple's breakthrough wireless speaker for the home, but we need a little more time before it's ready for our customers," Apple said. "We'll start shipping in the US, UK and Australia in early 2018."
The was originally announced during Apple's Worldwide Developer Conference in June. It's priced at $349 and will compete with other smart speakers from Amazon, including the Echo, the Google Home and similar products from Sonos.
The HomePod was originally scheduled to ship in December ahead of the holiday shopping season. Apple did not provide a specific reason for the delayed launch.
The delay is unlikely to affect the company's financials, Drexel Hamilton's Brian White said, with only 1 million units expected to ship in the December quarter.
"Essentially it's going to shift from being a stocking stuffer to a gift for the Easter basket," White told CNBC's "Power Lunch " Friday.