Stocks opened lower on Friday after China said it will slap new tariffs on U.S. goods.US Marketsread more
Powell repeated his pledge Friday to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
One area that has been raising alarm bells is the market's growing expectation that inflation will go lower and lower, and stay there for a long time.Market Insiderread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
At least three members of Facebook's Libra organization are considering leaving the operation due to intense regulatory scrutiny.Technologyread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
Emails between Facebook employees from 2015 illustrate early actions the company took to investigate third-party use of their data.Technologyread more
Andrew McCabe filed a lawsuit alleging that his removal was part of a scheme by President Donald Trump to remove government employees "because they were not politically loyal...Politicsread more
Check out the companies making headlines before the bell:
Tesla — The automaker rose more than 1 percent after Macquarie initiated coverage of the stock with an "outperform" rating and a price target of $430 a share. "We view Tesla as a disruptive technology growth company with differentiated products and strong brand presence," Macquarie said.
Microsoft — Microsoft said it is investing in Grab, a ride-hailing service based in Singapore. Separately, its LinkedIn subsidiary announced it was acquiring Glint, a start-up that helps human resources department figure out how workers feel about their employers.
Walmart — The retail giant's stock was upgraded to "buy" from "hold" at Deutsche Bank as its online grocery business grows. "We believe the company is now in position to accelerate market share gains in grocery, " Deutsche said.
Alphabet — Alphabet's Google unit said it did not disclose a security bug but that it gave third-party developers access to Google+ users' private data because it feared regulation, according to a report.
Adidas — The sports apparel maker agreed to a deal worth $391 million to produce English soccer team Arsenal's uniforms. The team will start wearing Adidas gear in July 2019.
Affimed — Affimed shares plunged more than 20 percent after the company suspended trials on a cancer drug following the death of a patient. The company also said two other patients suffered "life-threatening events."