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
Check out the companies making headlines after the bell:
Shares of Texas Instruments rose more than 1 percent after the bell Wednesday following their mixed earnings report. The chipmaker earned $3.72 billion in revenue, slightly lower than the $3.75 billion estimated by Wall Street. Earnings per share were $1.26, which beat forecasts by 2 cents.
Shares of Las Vegas Sands dropped more than 2 percent after the market close based on earnings released Wednesday. The casino stock missed on the top and bottom lines. The company earned $3.48 billion in revenue for its fourth quarter vs. the estimated $3.53 billion. Earnings per share were $0.77, lower than the $0.84 estimated by analysts. The so-called vice stock was in a tailspin to start the week, digging deeper into the red from the past year.
Shares of Citrix sank more than 6 percent after hours Wednesday despite their better-than-expected fourth quarter earnings. The software company posted $802 in quarterly revenue vs. the $792 million estimated by Wall Street. Earnings per share were $1.67, higher than the $1.59 estimated. The company posted weak first quarter and 2019 guidance, $1.15-1.20 vs. $1.37 estimated and $6.00 vs. $6.06 estimated, respectively.
Shares of Xilinx jumped more than 8 percent after hours. The company announced record revenues of $800 million for its third quarter, up 7 percent from last quarter and up 34 percent year over year.