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
Investors may be less willing to buy Netflix stock in two years as media companies such as Disney, Amazon and Apple will look to command a presence in the online streaming business, venture capitalist Gene Munster told CNBC on Thursday.
Movie watchers will likely subscribe to numerous streaming brands, but the Loup Ventures founder said he isn't so optimistic about the equity's long-term outlook, because it will need more "substantial upside."
"The issue here isn't about whether they have multiple subscriptions. The issue is more competition can have a negative impact on the multiple as investors think about different options," Munster said on "Fast Money."
Netflix, as of Thursday's close, was trading at about 120 times trailing 12 months' earnings.
Munster called Netflix's subscription price increase earlier this week "impressive" because it is "coming from a sign of strength." He said the sooner-than-expected price hike could be good in the near term, but he sees the future as less clear.
"Every time you do that, every time you take a step forward like that, it sets the bar even higher," he said.
After the bell on Thursday, Netflix reported mixed results in its fourth-quarter earnings. The company beat on earnings-per-share — 30 cents versus the 24-cent forecast — and subscription growth. But it missed on revenue.
Shares of Netflix dropped as much as about 4 percent in extended trading. But as of Thursday's close, the stock was up about 50 percent since the Christmas Eve washout.