President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017. Jonathan Ernst | Reuters Barring an unlikely agreement or a presidential tweet, it will soon be 15% more expensive for U.S. companies to import everything from milk to diapers to sports […]
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Here’s what happened during August’s wild month for the stock market
Jin Lee | Bloomberg | Getty Images Wall Street suffered from whiplash throughout August as trade headlines and recession angst sent stocks on a wild ride during the last full month of summer. The S&P 500 posted 11 moves of more than 1% in 22 trading sessions for August. Those […]
Hong Kong police fire tear gas, water cannon to disperse protests
Protesters react after police fired tear near the government headquarters of Hong Kong on August 31, 2019. ANTHONY WALLACE/AFP/Getty Images Hong Kong police fired tear gas and water cannon on Saturday as they tried to disperse pro-democracy protests that have plunged the Chinese-ruled city into its worst political crisis in […]
Hong Kong police fire tear gas as march turns into violent chaos
Police officers fire tear gas during a protest in Hong Kong, China August 31, 2019. REUTERS/Tyrone Siu Tyrone Siu | Reuters Hong Kong police fired tear gas and water cannon on Saturday and pro-democracy protesters threw petrol bombs in the latest in a series of chaotic clashes that have plunged […]
California governor announces deal to cap rising rent prices
A “For Rent”‘ sign is posted in front of a house in Richmond, California. Justin Sullivan | Getty Images California Gov. Gavin Newsom reached a deal with apartment owners and developers Friday on legislation that would cap how rapidly rents can rise as the state grapples with a housing crisis. […]
China’s factory activity shrinks for 4th month as trade woes deepen
Workers assemble televisions on the production line of Tianle Group Co., Ltd on July 3, 2012 in Shengzhou of Zhejiang Province, China. Feng Li | Getty Images Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and […]
Apple will fix some Apple Watches for free because of a cracking screen problem
Apple Watch Series 4 ECG Andrew Evers Apple will replace some Apple Watch screens for free, the company announced on Friday. The new repair program is because of a screen cracking problem with Aluminum Series 2 and Series 3 watches sold between September 2016 and September 2019. “Apple has determined […]
China claims fentanyl progress in trade call, sources say
Bags of heroin, some laced with fentanyl, are displayed before a press conference regarding a major drug bust, at the office of the New York Attorney General, September 23, 2016 in New York City. Drew Angerer | Getty Images U.S. and Chinese officials held a “working-level” call Thursday evening in […]
TSA reverses decision to ban stylized Coke bottles sold at Disney’s Star Wars: Galaxy’s Edge
Coca-Cola, the official soda of Disney’s theme parks, worked with the company to create stylized Coke, Sprite and Dasani bottles that fit into the world of Batuu. The sodas are reminiscent of thermal detonators from the “Star Wars” films and feature the name of each brand in Aurebesh, the fictional […]
Trump says tariffs on Chinese goods are still set to go into effect on Sunday
President Donald Trump on August 9, 2019. Leah Millis | Reuters President Donald Trump on Friday said that tariffs on Chinese goods are still set to go into effect Sunday despite facing backlash from a number of companies. The U.S. government will begin collecting 15% tariffs on $112 billion in […]