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
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
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
Musk announced plans for a Tesla pickup truck as far back as April 2017, saying in a Twitter post that the vehicle would be unveiled "in 18 to 24 months" — he later followed up to say the truck would be made "right after" the firm builds its Model Y SUV.
Now, Musk has come out with some more details about the vehicle, telling Recode's Kara Swisher during a podcast that it will be "like a really futurist-like cyberpunk, 'Blade Runner' pickup truck."
It's the product the Tesla CEO is "personally most fired up about," he said in his interview with Swisher.
Asked about whether the vehicle would fly with consumers, Musk said: "You know, I actually don't know if a lot of people will buy this pickup truck or not, but I don't care."
He added: "I mean I do care, eventually, you know. Like sure, I care. We wanna get gasoline, diesel pickup trucks off the road."
Musk said the pickup truck is "something I've been wanting to make for a long time." He said that, if the vehicle only finds favor with a small number of customers, "I guess we'll make a more conventional truck in the future."
Tesla's boss also spoke about the company's upcoming four-seater sports car, the Roadster, boasting the vehicle would be "the fastest sports car on every dimension."
"It's important to have an electric sports car that's faster than the fastest gasoline sports car," Musk said. "And it helps address that halo effect that gasoline sports cars have. So I think it's important to do that to show that, you know, electric is the best architecture."