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
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Press secretary Sarah Sanders is scheduled to brief reporters at the White House on Thursday.
It will be Sanders' first opportunity to field questions from the media after the Trump administration made multiple high-level staff changes.
On Wednesday, the White House confirmed Larry Kudlow will be the next director of President Donald Trump's National Economic Council.
Kudlow, an economist and longtime CNBC pundit, was an informal advisor to Trump during the campaign. He replaces Gary Cohn, who resigned shortly after Trump announced broad tariffs on imports of steel and aluminum in early March.
Tillerson had been a target of Trump's ire for much of his tenure. In July, Tillerson reportedly called Trump a "moron" after a meeting; in October, Trump admonished Tillerson on Twitter for "wasting his time" trying to negotiate with North Korea on nuclear weapons.
News reports also revealed on Tuesday that Trump's personal assistant, John McEntee, was fired and escorted from the White House this week. McEntee is reportedly under investigation by the Secret Service for financial crimes.
Meanwhile, Democratic congressional hopeful Conor Lamb was projected the apparent winner of a Pennsylvania special election in a district Trump won by 20 points during the 2016 presidential race. Many pundits consider the upset to be a warning sign for Republicans in the upcoming midterm elections, though some GOP leaders have downplayed the implications of Tuesday's outcome.