American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead 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
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
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
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...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
Payment company Square's chief financial officer Sarah Friar will step down and take a job as CEO of Nextdoor, the company announced Wednesday.
Shares of the fintech company, run by Twitter CEO Jack Dorsey, dropped as much as 8 percent in after-hour trading.
"I'm saddened by the news," Square CEO Jack Dorsey said in note to employees. "I was unrealistically expecting to be working with Sarah well into our late 90s (swapping the standup tables for rocking chairs). Unrealistic because I knew of Sarah's lifelong ambition to run her own company."
The current CEO of Nextdoor, a social network for local neighborhoods founded in 2010, announced plans to step down from his role after almost eight years Wednesday.
San Francisco-based Square is well-known for its credit card processor, payment hardware and popular Cash app. The company has also expanded into small business lending with Square Capital, which launched in 2014. Friar recently hinted at more moves into banks' turf, and that "anything you do today with a bank account, you should look to the Cash App to begin to emulate more and more of."
Friar helped take Square public in 2015, and build "a growing ecosystem of businesses that will scale into the future," Dorsey said in a press release.
"Sarah leaves us having established a culture of entrepreneurship and discipline across the entire company. She has been an amazing leader, partner, and friend, and we are grateful for all she's done for Square," the CEO said.
Square's stock is up more than 130 percent year over year, and have surged more than 105 percent this year alone.