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
U.S. President Donald Trump on Wednesday aligned himself solidly with conservative Republicans on immigration, criticizing a proposed bipartisan deal as "horrible" on border security and "very, very weak" on reforms for the legal immigration system.
The Senate proposal — aimed at addressing Democrats' demands for protections for young adults dubbed "Dreamers" brought to the United States illegally as children — fell far short of what most Republicans believe needs to happen, Trump told Reuters in an interview.
"It's the opposite of what I campaigned for," Trump said.
Many Democrats have said they will not vote for the bill without an immigration deal, and Republicans will need at least some Democratic votes to pass the funding extension in the Senate.
Trump said he thinks a deal on immigration is still possible. "Time is running out," he said.
Trump also said a federal government shutdown "could happen" by the end of the week, insisting that Democrats would be blamed if that happened. Trump did not rule out signing a short-term spending measure by a Friday deadline to prevent a shutdown.
This story is developing. Please check back for updates.