American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead 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 European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
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
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...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
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Former FBI Director James Comey exchanged barbs with President Donald Trump on Saturday, responding to the president's latest broadside by promising to reveal his take on Trump's ongoing struggle with the FBI bureaucracy "very soon."
In the wake of Attorney General Jeff Sessions' firing of former FBI official Andrew McCabe, Comey's name has been invoked by Trump and others, and his role in the affair has come under renewed scrutiny.
On Saturday, the president launched a new broadside against Comey, calling him "sanctimonious" even as he applauded McCabe's firing. Trump stated the former FBI chief was aware of the underlying circumstances that forced McCabe's axing, and implied he had a hand in the affair.
Comey, who since his dismissal last year is wont to using social media to take cryptic and subliminal digs at his former boss, issued an uncharacteristically blunt response of his own. In the process, he took aim at the president's integrity, and vowed the public would hear his response "very soon."
The former FBI chief is working on a book, expected to be published next month, that is shrouded in secrecy. Since departing the bureau, Comey has been circumspect in his public remarks about his brief tenure under Trump, but reportedly kept detailed notes about his interactions with the president.
Last year, Trump hinted that there might be recordings of his conversations with his erstwhile FBI Director — prompting Comey's now famous response to a Senate hearing: "Lordy, I hope there are tapes."
Both Comey and McCabe shared at least one thing in common: Both reportedly kept detailed notes on their conversations with Trump. A report in The Wall Street Journal noted that McCabe passed his notes along to Special Counsel Robert Mueller, who is in the thick of an investigation into Russia's attempts to influence the general election.