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
At least seven people were killed and others were seriously injured Thursday in a head-on crash involving a commercial passenger bus and a semi-truck along Interstate 40 in New Mexico, near the Arizona border, authorities said.
Preliminary information indicated the semi was headed east when it blew a tire, sending the rig across the median and into oncoming traffic where it smashed into the bus, New Mexico State Police said.
There were 49 people aboard the Greyhound bus. Authorities said many were transported to hospitals, but they could not immediately provide an exact count of how many were hurt or their conditions.
Nine bus passengers were being treated at University of New Mexico Hospital with three more patients expected to be sent there. UNM officials didn't release any details about the patients' conditions.
Passing motorists described a chaotic scene with passengers on the ground and people screaming.
Eric Huff was heading to the Grand Canyon with his girlfriend when they came across the crash.
Huff said the semi's trailer was upside down and "shredded to pieces," and the front of the Greyhound bus was smashed, with many of the seats pressed together. Part of the side of the bus was torn off, he said.
"It was an awe-inspiring terrible scene," he said
Truck driver Santos Soto III shot video showing the front of the Greyhound sheared off and the semi split open, with its contents strewn across the highway.
He saw people sobbing on the side of the road as bystanders tried to comfort them.
"I was really traumatized myself, because I've been driving about two years and I had never seen anything like that before," Soto said.
"I'm a pretty strong person and I broke down and cried for at least 30 minutes," he added.
Chris Jones was headed west on Interstate 40 when he caught his first glimpse of the semi turned over. He saw the rest of the wreckage and stopped to help before coming across the driver of the semi sitting on the shoulder of the highway.
"It was intense," Jones said.
He said the driver told him that one of his front tires had popped, forcing the truck to veer into oncoming traffic, where it struck the bus.
Greyhound said the bus was heading from Albuquerque to Phoenix.
"We are fully co-operating with local authorities and will also complete an investigation of our own," Greyhound spokeswoman Crystal Booker said in a statement.
The crash occurred near the town of Thoreau. It forced the closure of westbound lanes of the interstate and traffic was backing up as travellers were diverted.
The National Transportation Safety Board and New Mexico state police are investigating.