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
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
"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
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
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
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
Shares of Chipotle Mexican Grill fell more than 3 percent on Wednesday after reports surfaced that the fast-casual chain's food safety woes are still not behind it.
Public health officials in Los Angeles are investigating a possible foodborne illness outbreak at a local Chipotle restaurant. The news was first reported by Business Insider.
"Public Health routinely monitors for and investigates reports of foodborne illness and communicable diseases in response to health concerns," the Acute Communicable Disease Control unit of the Los Angeles Department of Public Health, told CNBC via email.
A number of customers self-reported symptoms such as vomiting, diarrhea and nausea to the website iwaspoisoned.com after eating at a Chipotle on West Pico Boulevard in LA. This website allows patrons to anonymously report incidents in which they believe they have gotten food poisoning at a restaurant.
"We take any report of illness very seriously. We are aware of a few reports (two of which appear to be the same) on user generated reporting sites but there is no clinical validation associated with those reports, and we have not been contacted by customers directly to substantiate these claims," Chipotle spokesman Chris Arnold told CNBC via email.
Arnold told CNBC that the company is not aware of any reports made to local health officials, but noted that the Centers for Disease Control and Prevention had reported that influenza was widespread in California.
He also said that several employees that had been ill were "being held out of work," as per Chipotle's sick policy.
"So all of this is happening against a backdrop of widespread illness throughout the state," Arnold said.
Even if Chipotle is not to blame for these incidences, the report once again puts the company's food safety polices under scrutiny.
It has been two years since a string of food safety incidents first battered sales and scared away diners. While the chain has been able to battle back and return to profitability, its successes have been overshadowed by more recent incidents.
A number of reports have surfaced in the last year pointing to a lax sick policy and some food safety procedures that were not being followed. Chipotle has implemented a paid sick-leave policy to ensure employees stay home when they are ill and has held several meetings with its entire staff of restaurant employees to reiterate food preparation practices.