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
This shortened Labor Day holiday week, if you're not still on vacation, you might be looking for deals on clothes or TVs, but consider investing in the retail industry itself. Retail has outperformed the broader market.
According to Kensho, over the last decade, retail has gained an average of more than half a percent, trading positively about 70 percent of the time. But, this year, don't go on a buying binge beyond that.
Consumer discretionary was the second-best performing sector in the month of August - gaining nearly five percent, but history indicates that likely won't last.
Since 1990, when the Consumer Discretionary sector has gained more than 4% in the month of August, the sector is usually down in September by more...losing an average of -4.7 percent and trading lower more than 75 percent of the time.