The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Check out the companies making headlines after the bell:
Rite Aid plunged more than 10% following a disappointing quarterly report. The drugstore chain reported an adjusted loss of 14 cents per share on $5.37 billion in revenue. Analysts expected a loss of 8 cents per share on $5.38 billion in revenue, according to Refinitiv. The company's stock price has dropped more than 80% in the past 12 months, and it now has a market cap of less than $400 million.
KB Home rose 5% after hours following a quarterly report that beat expectations on the top and bottom lines. The homebuilding company generated earnings of 51 cents per share on $1.02 billion in revenue, topping estimates of 40 cents per share on $936 million in revenue, according to Refinitiv.
Shares of Herman Miller jumped 12% during extended trading after the furniture company beat estimates for its fiscal fourth quarter and raised its dividend. The company reported adjusted earnings of 88 cents per share on revenue of $671 million. Wall Street expected earnings of 78 cents per share on revenue of $657 million, according to Refinitiv.
The company also announced that its quarterly dividend would now be 21 cents per share, a 6% increase.
Two companies with exposure to blockchain fell after hours as Bitcoin cut some of its recent gains. Riot Blockchain dropped 9.5%, while Overstock.com lost 6.4%. Both companies have market caps below $500 million.