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
Ohio Gov. John Kasich's super PAC raised just more than $300,000 in the third quarter, giving his political operation a boost as he considers whether to make another run at the White House.
In a new Federal Election Commission filing, the PAC, New Day for America, brought in $335,500 from July into late September. It's the most the group has raked in during a quarter this year, boosted by six-figure sums from a couple of individual donors.
The top contributions came from power players within the business community. Kevin Clifford, CEO of mutual fund company American Funds Distributors, donated $100,000, as did venture capitalist Ted Schlein.
Clifford had backed Kasich's presidential ambitions during the 2016 election. He gave $1.3 million to the affiliated pro-Kasich super PAC, the New Day Independent Media Committee, records show.
Schlein, Clifford and a Kasich spokesman did not return calls for comment.
Kasich has yet to decide whether he will run against President Donald Trump in a Republican primary in two years. The Ohio governor ran in 2016, and was the last Republican to drop out as Trump clinched the nomination. Kasich only won his home state during the primaries.
Still, that hasn't discouraged him from considering a fresh attempt at winning the presidency.
"I'm not afraid to run," he recently told Forbes. "I'm trying to figure out how to have the greatest impact. The key in politics is to have the greatest impact. It doesn't mean I have to hold political office to have a voice."
Kasich's hesitation hasn't stopped veteran GOP political operative Bill Kristol from trying to recruit the Ohio governor to run against Trump.
Kristol's nonprofit organization, Defending Democracy Together, has been seeking more moderate candidates, such as Kasich, to take on the president in the next presidential election.
In a recent interview, Kristol told CNBC that he had been in contact with Kasich, along with GOP Sens. Ben Sasse and Jeff Flake.
Yet they echoed what they've said publicly about potentially running – which is that they are focused on serving their constituents and helping Republicans maintain their majorities in Congress in the midterm elections.