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
European stocks edged marginally higher Thursday afternoon, amid heightened political uncertainty in the U.K. and ongoing concerns over China's cooling economy.
The pan-European Stoxx 600 provisionally rose 0.06 percent by the close of trade but most major bourses struggled to leave negative territory.
Europe's banking index was the worst performer Thursday, down 1.2 percent amid earnings news. French bank Societe Generale led the losses, shortly after it reported fourth-quarter results would be negatively impacted by tough market conditions. Shares of the Paris-listed stock slipped more than 6.1 percent on the news.
Looking at individual stocks, Britain's Sage surged towards the top of the European benchmark. It comes after the software company maintained its full-year guidance on Thursday, adding it had been encouraged by a strong start to 2019. Shares of the group rose over 5.1 percent.
Meanwhile, Britain's ITV slumped to the bottom of the index after Bank of America Merrill Lynch slashed its stock recommendation to "underperform" from "buy." Shares of the London-listed media company fell more than 6.1 percent on the news.
On the data front, a final reading of euro zone inflation confirmed preliminary estimates released earlier in January. The final figures showed inflation slowed in December to 1.6 percent on the year, while core indicators remained at stable low levels.
The figures published Thursday by the European Union's statistics office show inflation has fallen away from the European Central Bank target of a rate below, but close to, 2 percent. That could complicate the central bank's path for a possible interest rate hike over the coming months.
May defeated the parliamentary motion by a margin of 19 votes.
Shortly after securing the votes needed to avoid a general election, May urged other party leaders to hold cross-party talks in an effort to break the current deadlock on a Brexit divorce deal.
An outline for a so-called "Plan B" is due by Monday, with market participants widely expecting Westminster to push for an extension of Article 50 past March 29.
In Asia, MSCI's broadest index of Asia-Pacific shares, excluding Japan, edged 0.2 percent higher on Thursday.
By Europe's close, U.S. stocks were still open for trade and mildly higher on average.