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
Check out which companies are making headlines after the bell on Tuesday:
Netflix surged as much as 15 percent after-hours following third-quarter earnings that blew Wall Street estimates out of the water. The streaming giant said it added 1.09 million subscribers domestically and 5.87 million overseas. Analysts had projected just 673,800 and 4.46 million, respectively, according to FactSet consensus estimates.
The company also posted adjusted earnings per share of 89 cents. That figure also topped the 68 cents projected by analysts, according to a Refinitiv consensus estimate.
IBM fell about 4 percent post market, after the company reported lower-than-expected revenue. The legacy technology company reported adjusted earnings of $3.42 per share on revenue of $18.76 billion. Analysts polled by Refinitiv had expected earnings per share of $3.40 on $19.10 billion in revenue.
United Continental gained about 5 percent after reporting a more than 11 percent jump in revenue. The parent of United Airlines reported adjusted earnings per share of $3.06 on $11 billion in revenue. Wall Street had expected earnings of $3.07 a share on revenue of $10.93 billion, according to Refinitiv consensus estimates.
CSX rose as much as 1 percent after the company posted better-than-expected earnings and revenue. The railroad operator reported adjusted earnings of $1.05 a share on $3.13 billion in revenue. Wall Street had projected earnings of 94 cents a share on revenue of $3.05 billion, according to Refinitiv consensus estimates.