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
U.S. President Donald Trump's lawyer Rudy Giuliani backtracked on Monday from earlier comments that Trump pursued a business deal to erect a tower bearing his name in Moscow throughout 2016, saying his statements "were hypothetical and not based on conversations I had with the President."
Giuliani told NBC's "Meet the Press" on Sunday that Trump may have continued to pursue the project and had discussions about it with his former personal attorney, Michael Cohen, until as late as October or November 2016, when Trump was closing in on his election victory over Democrat Hillary Clinton.
Giuliani went a step further with the New York Times, where he quoted Trump saying the Trump Tower Moscow discussions were "going on from the day I announced to the day I won."
The Moscow deal ultimately did not materialize, but Giuliani's remarks suggest that Trump's discussions about the project with Cohen may have dragged on until the election, raising new questions for congressional investigators looking into possible ties between the president and Russia.
Senator Mark Warner, the top Democrat on the Senate Intelligence Committee who appeared as a guest on the same show as Giuliani, said, "That is news to me. And that is big news."
But in an emailed statement on Monday Giuliani changed his story, saying: "My comments did not represent the actual timing or circumstances of any such discussions."
An investigation by Special Counsel Robert Mueller into Russia's interference in the 2016 election and possible collusion between Moscow and Trump's campaign has loomed large over the Trump presidency amid media reports of his team's alleged connections with Russia.