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
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
"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
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
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Bank of England Governor Mark Carney says trade war has a confidence effect on business around the worldMarketsread more
Apple unveiled its latest iPad Pro models and Mac computers at an event in Brooklyn on Tuesday, offering long-awaited updates to some of its most popular devices.
The new iPad Pros eliminate the home button and incorporate Apple's facial recognition technology, Face ID, that was introduced with the company's iPhone X product line last year.
The tablets feature the same edge-to-edge LCD display that Apple introduced with the recently released iPhone XR, and they come with 11- and 12.9-inch displays. The Pro is thinner than ever and comes with sharper edges.
The iPads run on A12X bionic chips, a notch more powerful than Apple's high-end iPhone XS and XS Max smartphones. They ship with up to 1 terabyte of storage, and trade out Apple's typical Lightning port for a USB-C port, similar to high-end computers. The USB-C port will also let users connect accessories like digital cameras and high-resolution desktop displays to the iPad Pro. It does not have a traditional headphone jack, which means you will need an adapter to plug in your headphones.
The new iPad Pro starts at $799 for the 11-inch model and $999 for the 12.9-inch model. Both models are available to order Tuesday and will arrive on Nov. 7.
Apple updated its high-tech stylus, the Apple Pencil, as well. It now magnetically attaches to the tablet to charge wirelessly. It also has touch gestures for switching between digital drawing tools on the iPad.
The new MacBook Air comes with a 13.3-inch, edge-to-edge retina display, as well as Touch ID that allows users to unlock the device with the scan of a fingerprint. The sensor sits in the keyboard and enables touch-based Apple Pay.
Apple revamped the keyboard and track pad, too, and upgraded the microphones and speakers for better audio. The new MacBook Air offers up to 16GB of storage — double the memory capacity of its predecessor.
Apple said it has made the computer lighter and reduced its overall volume by 17 percent. Every new MacBook Air is made entirely from recycled aluminum, the company said.
The new MacBook Air starts at $1,199, about $100 cheaper than the baseline MacBook computer, but more expensive than the last generation of MacBook Air, which started at $999. It's available to order Tuesday, and will be available for pickup Nov. 7.
Apple also introduced a new Mac mini Tuesday, in the first update to the smaller Mac model in four years.
The Mac mini is a desktop computer that connects to an external monitor. It comes with up to 64GB of memory and works five times faster than its predecessor, Apple said. Like the new Air, it's made entirely of recycled aluminum.
It starts at $799, and it too is available to order Tuesday. It will be available for pickup Nov. 7.
Finally on Tuesday, Apple announced its latest operating system, iOS 12.1 is available to install for iPhone and iPad users.