Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.Politicsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
Trump is meeting with his top trade advisors at the White House amid a slew of tweets that rocked financial markets Friday morning.Marketsread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by...Autosread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The dollar fell on Friday following a speech from Federal Reserve Chair Jerome Powell and after President Donald Trump ordered U.S. companies to find alternatives to their...Currenciesread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a...Technologyread more
President Donald Trump signed legislation Friday to temporarily end the record long government shutdown, resolving the grueling 35-day closure but not the fight over his proposed border wall.
The measure funds the government for three weeks, until Feb. 15, while lawmakers try to reach a wider deal on immigration. Both the House and Senate passed the plan by voice vote on Friday.
Trump had demanded $5.7 billion to build his border wall before he agreed to end the partial closure — but relented on Friday. Congress will set up a bipartisan, bicameral conference committee to try to strike a deal on border security.
Trump again argued for a border wall Friday — and threatened to let funding lapse or even declare a national emergency if Congress does not craft an immigration deal he likes. The president agreed to end the shutdown as the pain from the wall impasse sharpened.
Trump left the political fight battered, faced with flagging approval ratings, an unfulfilled campaign promise and most of the blame for an episode that disrupted millions of American lives. As some conservatives criticized him for supporting a plan he originally planned to veto, Trump defended his decision to reopen the government on Friday.
"This was in no way a concession," the president wrote in a tweet. "It was taking care of millions of people who were getting badly hurt by the Shutdown with the understanding that in 21 days, if no deal is done, it's off to the races!"
About 800,000 federal workers started to miss their second paychecks Friday since funding lapsed last month. Many had to scramble to cover meals and bills during the closure. If the plan becomes law, they are expected to get back pay in four to five days, an administration official told CNBC on Friday.
The Trump administration had faced backlash for a perceived lack of empathy toward the government workers. The president repeatedly claimed many federal employees agreed with his tactics — though union officials and the vast majority of government workers denied that. His wealthy Commerce Secretary Wilbur Ross also sparked criticism when he said he did not "understand why" workers went to food banks instead of taking out loans.
Democrats pounced on every perceived misstep. They had repeatedly urged Trump to reopen the government before lawmakers had a border security debate. Speaking after the president announced a deal to fund the government on Friday, Senate Minority Leader Chuck Schumer said that "we can never hold American workers hostage again."
House Majority Leader Steny Hoyer, D-Md., echoed Schumer after the House approved the funding measure Friday.
"I hope the experience of the last 35 days has taught us that we should never repeat this exercise of shutting down government again," he said.
The deal only temporarily delays another shutdown — or a potential constitutional fight over the president's power to declare a national emergency. Lawmakers may still fail to reach an immigration deal that satisfies Trump.
Meanwhile, Republicans hinted at more conflict to come. In a tweet, White House press secretary Sarah Huckabee Sanders said Trump "is moving forward building the wall with or without the Democrats."
Rep. Mark Meadows, a North Carolina Republican and Trump ally, also tweeted that "compromise is important, but not required, to secure our border and protect American families."
The Senate chose seven members, all on the Appropriations Committee, to send to the conference committee on Homeland Security spending:
House Democrats chose six members from the House Appropriations Committee for the conference. It was not immediately clear who would represent the Republican side.
— CNBC's Eamon Javers contributed to this report.