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 panels ignited at an Amazon warehouse in Redlands, California in June 2018, Bloomberg reports. The news comes days after Walmart sued Tesla for at least 7 fires...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
Google is putting a dent into Amazon's share of the smart speaker market, and Canalys even says Google Home now has the lead.
Amazon dominated the market early by introducing several iterations of the Amazon Echo, which can be used to tell users about the weather and news, or even place deliveries. Google entered the market with Google Home -- also available in different models -- and Apple later followed with the HomePod.
Canalys said on Wednesday that smart speakers are the fastest growing consumer tech segment and that Google Home beat the Amazon Echo in shipments for the first time ever in the first quarter of 2018. Canalys said Google shipped 3.2 million Google Home units to Amazon's 2.5 million Echo shipments.
The figures are different from estimates Strategy Analytics published earlier this month. Strategy Analytics still showed that Google made a big dent in Amazon Echo market share, but said Amazon shipped 4 million units while Google shipped 2.4 million Google Homes. Still, that firm noted that Google's market share had doubled from the previous year.
The takeaway: there's no clear winner yet, but Google's gaining steam on Amazon quickly. Both research firms said China's a big growth area.