Stocks opened lower on Friday after China said it will slap new tariffs on U.S. goods.US Marketsread more
China said Friday that it will impose new tariffs on $75 billion worth of U.S. goods and resume duties on American autos.Marketsread more
Falling air cargo demand could be flashing warning signs about the broader economy.Transportationread more
Moulton was one of the few candidates not to make the debate stages in June and July.2020 Electionsread more
Ideas include a rotation of Federal Reserve governors that would make it easier to curb Powell's power, according to the Washington Post.US Economyread more
The Fed's James Bullard says the central bank should continue to ease monetary policy because of the recession signal being flashed by the bond market.Investingread more
Here are the biggest calls on Wall Street on FridayInvestingread more
U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Check out the companies making headlines after the bell:
Shares of CSX dropped about 2 percent after hours on Wednesday. The rail transportation company reported an earnings beat on the top and bottom line. CSX earned $1.01 per share this quarter, beating Wall Street's estimates slightly. The company's quarterly revenue was $3.14 billion. CSX also announced a new $5 billion stock buyback program.
Shares of Alcoa rose over 3 percent in after hours trading Wednesday, but its stock later gave up those gains. The top U.S. aluminium producer reported better than expected quarterly earnings. Alcoa earned 66 cents a share, beating Wall Street's estimates which were 50 cents a share. The company's quarterly revenue was $3.34 billion, slightly better than the $3.33 billion expected by Wall Street.
PG&E Corporation rose as much as 12 percent after market close on Wednesday. The stock closed positive for the day but is down over 70 percent for the month. The move comes after the company announced Monday it will likely file for bankruptcy after facing at least $30 billion in expected costs related to California's deadly 2017 and 2018 wildfires.