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 $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
President Donald Trump on Friday said he will call the Swedish prime minister "to see what we can do about" rapper A$AP Rocky, who is incarcerated in Sweden.
The president said he decided to make that call to Prime Minister Stefan Lofven following a conversation with hip hop star Kanye West.
"I will be calling the very talented Prime Minister of Sweden to see what we can do about helping A$AP Rocky. So many people would like to see this quickly resolved!" Trump tweeted.
A$AP Rocky, whose real name is Rakim Mayers, has been detained in Sweden since early July. He is accused of assaulting a man in Stockholm.
The New York Times, citing an unnamed source familiar with the situation, reported that West asked his wife, Kim Kardashian West, to ask Trump's senior advisor and son-in-law Jared Kushner to help A$AP Rocky's cause. Kushner raised the issue with Trump, who directed Secretary of State Mike Pompeo to work with Swedish authorities to ensure the rapper's conditions were fair, the Times reported.
Trump and West have spoken highly of each other since the early days of the Trump presidency. In December 2016, Kanye visited the then-president elect at Trump Tower in New York City. "We've been friends for a long time," Trump told reporters.
In April 2018, West tweeted, "You don't have to agree with trump but the mob can't make me not love him. We are both dragon energy. "
Trump responded: "Thank you Kanye, very cool! "
A month later, Kim Kardashian West visited the White House to discuss prison reform and advocate for a pardon for nonviolent drug offender Alice Marie Johnson. Trump commuted Johnson's sentence in June.