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
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
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
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
A bomb threat prompted authorities on Tuesday to evacuate a building at the Silicon Valley headquarters of Facebook near San Francisco, police said, but hours after a sweep of the structure began there was no word of explosives found.
The New York Police Department received an anonymous tip about a bomb threat regarding Facebook's campus in Menlo Park, California, and alerted local authorities at about 4:30 p.m., said Nicole Acker, a spokeswoman for the Menlo Park police.
Acker said the evacuation was confined to a three-story facility on campus that she said was not the headquarters building, but a company spokesman said by email that "a few" buildings on the site had been evacuated.
Shortly before 8 p.m., San Mateo County Sheriff's Office bomb squad investigators with dogs trained to detect explosives were still combing the building in question and the evacuation remained in effect, Acker told Reuters by telephone.
But Facebook and police said everyone was safe. Acker said she had received no information of anything suspicious having been found inside the building.
"This is what we do for any bomb threat. We have to be very thorough," she added.
Another Silicon Valley company to face a security threat in the recent past was YouTube. In May, a woman opened fire at its headquarters in San Francisco, wounding three people before she shot herself dead.