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
AT&T said Thursday it has canceled preorders for Samsung's $2,000 Galaxy Fold and is offering $100 to customers who ordered it early.
Samsung's Galaxy Fold is one of the first folding phones and was supposed to launch on April 26, but that date was pushed back indefinitely after review units, including one tested by CNBC, broke during testing. The screen on CNBC's unit began flickering before the phone's screen stopped working entirely. Samsung says it is working on "further improvements" that will help protect the display from damage.
"While we continue to make progress in enhancing the Galaxy Fold, a new release date has not yet been announced. Because of this, we have recently contacted our pre-order customers to provide them information on their options as we move forward," Samsung told CNBC in May.
A report from Korea's Yonhap News Agency in May said Samsung was aiming to launch the phone in June. Samsung said at the time that it would announce a new release date "in the coming weeks."
Samsung was not immediately available to comment on AT&T's cancellation or to confirm a new launch date for the Galaxy Fold.