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 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
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
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread more
Lowe's is vying for a category of customer that Home Depot has traditionally dominated — the professional contractor.Retailread more
Epstein, a former friend of Presidents Donald Trump and Bill Clinton, was arrested by FBI agents in New Jersey in early July as he stepped off his private plane, which had...Politicsread more
European stocks closed higher on Tuesday, as investors monitored a fresh batch of corporate earnings and supportive economic data.
The pan-European STOXX 600 index closed provisionally almost 0.4% higher, with most major bourses and sectors in positive territory.
Looking at individual stocks, shares of German online retailer Zalando rose to the top of the European benchmark, gaining nearly 11% after the firm said it expected to post an operating profit for the first quarter.
UniCredit also rose following a $1.3 billion settlement with U.S. authorities over alleged sanctions violations. Shares of the Italian bank were up nearly 3%.
At the other end of the scale, recruitment giant Hays tumbled toward the bottom of the index despite posting a rise in profits on Tuesday. The company said it was mindful of macroeconomic conditions. Shares of the London-listed stock were down almost 3%.
Equities also got a boost from the latest economic data. German research institute ZEW said Tuesday that its investor sentiment index for the country improved to 3.1 in April, up from -3.6 in March, and better than an expected reading of 0.8.
The data has helped mitigate concerns of a global economic downturn. Investors are now keenly awaiting Chinese gross domestic product (GDP) data due Wednesday.
U.S. industrial output stumbled in March, however, falling 0.1 percent from February. The manufacturing output component of the data fell 1.1 percent in the first quarter at an annual rate. That marked the first drop since the third quarter of 2017.