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
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
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
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia 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
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
Apple hit a record high Monday, surpassing $185 for the first time, as Warren Buffett doubled down on his praise for the company.
Shares closed at $185.16 after trading as high as $187.67 during the day. Apple's previous all-time intraday high came on Friday when the stock hit $184.25.
Buffett last week revealed his investment firm Berkshire Hathaway bought 75 million shares — or at least $11 billion worth — in the iPhone maker. The revelation sent Apple to all-time highs and inspired some reciprocal praise from CEO Tim Cook.
Buffett told CNBC Monday he loves the stock so much, he'd own "100 percent of it" if he could. Berkshire is now the third largest holder of Apple, behind Vanguard and BlackRock.
As of Monday's close, Apple is up nearly 10 percent for the year and nearly 25 percent in the 12-month period.