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
At its lowest Monday, the stock was on pace for its worst day since January 2009. Shares fell as low as $34.75 before paring some losses and closing at $35.63.
Comcast outbid rival Fox on Saturday with a $40 billion takeover offer in a rare three-round auction that pitted two of America's largest media companies against one another. Sky earlier Monday advised its shareholders to accept the offer "immediately."
The share price of the company that acquires another company often declines. But at least one analyst was bearish on the bid. Craig Moffett of Moffett Nathanson downgraded the stock to neutral from buy, and lowered its target price to $36 from $41.
"The concept of the 'winner's curse' is central to auction theory. By the very nature of an auction, the so-called 'winner' of an auction is the party willing to pay more for an asset than any other party believes it is worth," Moffett wrote in a note published Monday.
Sky, as a linear TV provider, could prove to be a burden for Comcast, Moffett said.
"Investors will now have to greet Comcast's earnings reports with the trepidation that comes from owning a secularly challenged asset … for which they grossly overpaid," he said.
With Monday's plunge, shares of Comcast are down more than 10 percent in 2018 and flirting with bear market territory, now 19 percent off 52-week highs.
Disclosure: Comcast owns NBCUniversal, CNBC's parent company.