Business News - The Last 24 Hours

Recession-proof your life with these four steps
CNBC - 30 min 31 sec ago
With all the rumblings about a possible recession on the horizon, it pays to be prepared.

CNN - How Trump's tax cuts and the trade war have set the stage for a self-inflicted recession - 19 hours 28 min ago

COMMENTARY:

MarketWatch - Double jeopardy for retailers: the online menace and recession - 7 hours 20 min ago

Angry Bear - Not doomed yet v.2.0: beware recession porn - 11 hours 21 min ago

The Guardian - The next global recession will be immune to monetary solutions | Nouriel Roubini - 11 hours 28 min ago

Politico - Trump dismisses recession warnings: 'I always find a way to win' - 11 hours 52 min ago

VIDEO:

CNBC Video - How to recession-proof your life - 1 hour 31 sec ago

Trump is the not-so-happy trade warrior
CNN - 40 min 47 sec ago
As warning signs of an economic slowdown bubble up at home, President Donald Trump has amped up his trade war with China. And he's using a ... unique ... way to do so.

RELATED:

Reuters - Stocks tumble, yen rallies as U.S. and China escalate trade war - 2 hours 1 min ago

CNBC - Bank of England Governor Mark Carney says trade war hurts confidence - 2 hours 37 min ago

CNN - Trump's trade war with China will be worth the fight - 6 hours 58 min ago

SCMP - Shanghai tapping upcoming artificial intelligence conference to woo foreign AI investment amid trade-war slump - 19 hours 47 min ago

COMMENTARY:

TechCrunch - Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal - 19 min 49 sec ago

Zero Hedge - "It's Gone, The Market Has Evaporated:" Maine's Blueberry Industry In Crisis After Trade War Escalation - 56 min 31 sec ago

MarketWatch - Capitol Report: Trump raises China tariffs in escalation of trade war - 2 hours 35 min ago

VIDEO:

CNBC Video - Oil can't go higher if trade war fears persist: RBC's Helima Croft - 3 hours 53 min ago

Reuters Video - Invest in U.S. stocks amid trade war - Pence - 4 hours 42 min ago

US-China trade war: Trump announces new retaliatory tariff hikes
BBC - 50 min 57 sec ago
The president hits back at Beijing's plans by hiking tariffs on Chinese imports by another 5%.

New York Times - Stocks Dip After China Announces Retaliatory Tariffs on U.S. Goods - 10 hours 36 min ago

CNN - China retaliates with tariffs on $75 billion of US goods - 10 hours 45 min ago

Reuters - China unveils retaliatory tariffs on U.S. goods in deepening trade row - 11 hours 45 min ago

COMMENTARY:

Zero Hedge - Trump Hikes Tariffs On Chinese Goods In Retaliation To Trade War Escalation - 3 hours 2 min ago

VIDEO:

CNBC Video - China retaliates with tariffs on $75 billion worth of US goods - 8 hours 10 min ago

Everything we learned at D23's Disney+ panel
CNBC - 1 hour 32 min ago
Disney is set to reveal new information about its upcoming streaming service's shows and films during its Disney+ panel at D23 Expo in Anaheim, California.

RELATED:

CNBC - Ms. Marvel is getting a live action series on Disney+ - 2 hours 33 min ago

CNN - This 7-year-old had a chance to take a trip to Disney World. Instead, he chose to meet his bone marrow donor - 8 hours 41 min ago

COMMENTARY:

TechCrunch - Disney introduces “She Hulk”, “Moon Knight” and “Ms. Marvel” to Disney+ streaming service - 14 min 35 sec ago

LA Times - Teen with measles visited Disneyland, and O.C. officials are warning of exposure - 2 hours 3 min ago

BusinessInsider - Disney is selling a $300 Captain America figure that captures one of the best moments from 'Avengers: Endgame' — and it's already going for hundreds more on eBay - 4 hours 49 min ago

Washington Post - Behind the scenes of the Disney-Sony fight for Spider-Man - 14 hours 10 min ago

VIDEO:

CNBC Video - The trades on Target, Netflix, & Disney in #AskHalftime - 7 hours 1 min ago

Key dates in the U.S.-China trade war
Reuters - 1 hour 43 min ago
Hopes for settlement of the yearlong U.S.-China trade war dimmed further on Friday as China said it will slap retaliatory tariffs on about $75 billion worth of U.S. goods, the latest escalation in the dispute between the world's two largest economies.

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Reuters - U.S.-China Business Council urges talks to end damaging trade tensions - 3 hours 42 min ago

CNBC - A slump in freight shipping flashes warning signs for economy as US-China trade war rages - 13 hours 11 min ago

SCMP - US-China trade war turmoil and global economic gloom cast a dark shadow on Asian equity markets - 17 hours 10 min ago

COMMENTARY:

Washington Post - How the U.S.-China Trade War Got to This Point - 5 hours 27 min ago

Vox - China hits back at the US with tariffs on $75 billion in goods - 8 hours 21 min ago

MarketWatch - Capitol Report: Escalation in U.S.-China trade war threatens global economy, poses Trump reelection risk - 9 hours 32 min ago

VIDEO:

CNBC Video - Trump's 'rant' about China clashes with earlier question about Powell v. Xi: Expert - 5 hours 31 sec ago

Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
Reuters - 1 hour 47 min ago
U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world's two largest economies.

CNN - What China's new tariffs mean for you - 5 hours 32 min ago

CNBC - Here's a list of American products targeted by China's new tariffs - 6 hours 22 min ago

Indiatimes - Donald Trump orders US companies to move out of China after Beijing sets new tariffs - 6 hours 41 min ago

BBC - China escalates US trade row with new tariffs - 11 hours 5 min ago

New York Times - China to Raise Tariffs on $75 Billion in U.S. Goods - 11 hours 26 min ago

COMMENTARY:

The Japan Times - China hits U.S. back with tariffs on soybeans and cars and oil - 9 hours 11 min ago

Washington Post - China hits U.S. with tariffs on $75 billion worth of goods, reinstates auto levies, state media reports - 11 hours 41 min ago

VIDEO:

CNBC Video - Trump hikes tariffs in response to China move - 2 hours 43 min ago

Justice Department responds to Congress on Epstein suicide
CNN - 1 hour 57 min ago
The Justice Department told lawmakers Friday that Jeffrey Epstein had been placed on suicide watch in July, but was later removed after a psychologist at the Metropolitan Correctional Center determined it "was no longer warranted."

CNN - France opens rape investigation into Jeffrey Epstein - 9 hours 52 min ago

Euronews - Probe begins over whether US sex offender Jeffrey Epstein committed child rape offences in France - 10 hours 31 min ago

New York Times - Jeffrey Epstein Donations to M.I.T. Will Be Focus of University Inquiry - 23 hours 24 min ago

COMMENTARY:

BusinessInsider - A former New York Times staffer quietly left the paper after revealing he had solicited charitable donations from Jeffrey Epstein - 4 hours 51 min ago

Vox - Why the Jeffrey Epstein case inspires so many conspiracy theories - 7 hours 13 min ago

Zero Hedge - Grand Jury Subpoenas Issued For Up To 20 Officers At NYC Prison Where Epstein Died - 10 hours 46 min ago

Fed's Powell vs. Trump: who's got a 'feel' for markets now?
Reuters - 2 hours 1 min ago
Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

RELATED:

Reuters - Powell: Fed to act as appropriate to keep expansion going - 9 hours 6 min ago

CNN - Powell acknowledges growing risk of slowdown, but gives no hint about rate moves for September - 9 hours 54 min ago

CNBC - Dollar falls after Fed's Powell speech, Trump tells US companies to look for 'alternative to China' - 15 hours 22 min ago

COMMENTARY:

MarketWatch - Trump Today: Trump blasts Powell and Xi as ‘enemies’ of U.S. as Fed fight, trade war heat up - 8 hours 29 min ago

NY Post - Jay Powell says no Fed ‘rulebook’ for Trump trade war - 8 hours 47 min ago

Vox - Fed Chair Jerome Powell says he can’t fix trade war’s damage to the economy - 9 hours 11 min ago

Politico - Jerome Powell says Fed prepared to act to sustain recovery - 9 hours 12 min ago

24/7 Wall St. - Did Fed Chair Powell Just Wink and Commit to More Rate Cuts? - 9 hours 21 min ago

Zero Hedge - Your Last Minute Jackson Hole Preview: Powell In Turmoil - 11 hours 4 min ago

VIDEO:

CNBC Video - Fed Chair Powell reiterates goal of continuing economic expansion - 2 hours 41 min ago

Reuters Video - Powell reassures Fed will defend U.S. economy - 6 hours 41 min ago

Answering Trump, UPS, FedEx and USPS say they already fight illegal drug shipments
Reuters - 2 hours 34 min ago
FedEx Corp , United Parcel Service Inc and the U.S. Postal Service said on Friday they are already working to stop traffickers from using their services after U.S. President Donald Trump ordered delivery firms to refuse packages of the powerful painkiller fentanyl from China.

CNBC - Trump calls on UPS, FedEx and Amazon to 'search for & refuse' fentanyl deliveries from China - 7 hours 47 min ago

Trump tweets new round of China tariffs
CNN - 2 hours 56 min ago
President Donald Trump announced on Friday a new round of tariffs on China set to start October 1 in the latest escalation in the trade war with Beijing.

RELATED:

Reuters - Trump tweetstorm sinks Wall Street as trade war rages on - 5 hours 42 min ago

CNBC - President Trump meeting with trade team at White House amid tweetstorm that rocked markets - 8 hours 20 min ago

VIDEO:

CNBC Video - Trump tweets 'order' for American companies to find alternative to China - 8 hours 7 min ago

Wall Street plunges as U.S.-China trade war intensifies
Reuters - 3 hours 26 min ago
Wall Street tumbled on Friday after the U.S.-China trade war escalated in dramatic fashion, with President Donald Trump demanding that American companies seek alternatives to doing business with China after Beijing announced its own slate of retaliatory measures.

RELATED:

Reuters - Wall Street sinks as U.S.-China trade tensions boil - 3 hours 50 min ago

COMMENTARY:

MarketWatch - The Wall Street Journal: Fed’s Clarida says he is upbeat on the economy, offers little guidance on rates - 2 hours 10 min ago

Kiplinger - 12 Tech Stocks That Wall Street Loves the Most - 4 hours 43 min ago

VIDEO:

Reuters Video - Week ahead on Wall Street - 2 hours 11 min ago

CNBC Video - Wall Street set for a higher open ahead of big Fed speech - 13 hours 47 min ago

Fed's Clarida says global economy has worsened since July: CNBC
Reuters - 3 hours 29 min ago
U.S. Federal Reserve Vice Chairman Richard Clarida said on Friday the global economic outlook has worsened since July.

Reuters - Fed's commitment to act upstaged by Trump's furor - 4 hours 43 min ago

BBC - Trump responds with fury over Fed chief's speech - 7 hours 57 min ago

COMMENTARY:

The Guardian - Trump 'hereby orders' US companies to leave China after attacking Fed chair - 8 hours 15 min ago

Time Business - Fed Chairman Says U.S. Economy Is Favorable, But Faces ‘Significant Risks’ Amid Trade Uncertainty - 8 hours 35 min ago

Zero Hedge - The Calculus For Fed Inaction Is Getting Tougher By The Day - 10 hours 21 min ago

The Japan Times - Nikkei climbs to 20,711 as wait-and-see mood prevails ahead of Fed chief’s speech - 14 hours 11 min ago

MarketWatch - Asia Markets: Asian markets up slightly ahead of Fed’s Jackson Hole conference - 20 hours 41 min ago

VIDEO:

CNBC Video - CNBC's full interview with Federal Reserve Vice Chair Richard Clarida - 3 hours 30 min ago

Google Tries to Corral Its Staff After Ugly Internal Debates
New York Times - 3 hours 50 min ago
The tech company, telling its employees to “stop disrupting the workday,” issued new workplace rules designed to rein in its freewheeling culture.

RELATED:

CNN - Google wants to squash political debates among its employees - 5 hours 32 min ago

CNBC - Google bans political discussion on internal mailing lists - 10 hours 35 min ago

COMMENTARY:

Washington Post - Google says only talk about work at work—and definitely no politics - 4 hours 33 min ago

Vox - Google is cracking down on its employees’ political speech at work - 11 hours 11 min ago

Citgo profits hit following split, CEO sees 2H improvement
Reuters - 3 hours 51 min ago
The two new top executives at Citgo Petroleum PDVSAC.UL disclosed this week that net income in the second quarter slid to less than half its level a year earlier, hit by a broad slump for the refining industry as well as complications from U.S. sanctions on Venezuela and Citgo's split with state-run ...

CNN - CEOs are finally admitting to shortchanging society. It's about time - 8 hours 56 min ago

COMMENTARY:

Time Business - The Overstock CEO Resigned Claiming ‘Deep State’ Conspiracy and a Relationship With a Russian Spy. Here’s What to Know - 2 hours 43 min ago

TechCrunch - Daily Crunch: Overstock CEO resigns - 6 hours 31 min ago

Zero Hedge - Ex-Overstock CEO Byrne Reveals FBI's Peter Strzok Manipulated Him For 'Political Espionage' - 7 hours 11 min ago

NY Post - Ex-Overstock CEO claims Russian spy tryst was part of ‘deep state’ plot - 7 hours 47 min ago

VIDEO:

CNBC Video - RV maker Thor Industries CEO discusses why his sales are slowing - 6 hours 27 min ago

China tariffs on U.S. oil to pressure exports, Gulf Coast prices: traders
Reuters - 4 hours 9 min ago
China's threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S. Gulf Coast, where exporters already have taken to shipping crude overseas without firm buyers, traders said.

CNBC - Oil prices slide 2.1% as US-China trade war escalates - 15 hours 29 min ago

COMMENTARY:

MarketWatch - Commodities Corner: Oil prices may drop back toward the year’s lows near $50 a barrel - 4 hours 48 min ago

Facebook staff had concerns about 'sketchy' Cambridge Analytica year before 2016 election
CNN - 5 hours 1 min ago
Internal emails released by Facebook on Friday show employees of the company expressed concerns about Cambridge Analytica's use of Facebook user data as early as September 2015.

RELATED:

New York Times - Facebook Bans Ads From The Epoch Times - 5 hours 31 min ago

CNBC - Facebook's Libra reportedly losing support from early investors amid regulatory scrutiny - 10 hours 27 min ago

COMMENTARY:

TechCrunch - Facebook really doesn’t want you to read these emails - 9 hours 4 min ago

Vox - How China used Facebook, Twitter, and YouTube to spread disinformation about the Hong Kong protests - 9 hours 5 min ago

Washington Post - Facebook bans ads from the Epoch Times for violating transparency policies with pro-Trump ads - 9 hours 49 min ago

CVC sets up panel to examine bank frauds
Indiatimes - 5 hours 11 min ago
CVC, in consultation with the Reserve Bank of India, has reconstituted the Advisory Board on Bank, Commercial and Financial Frauds as ABBF.

CNN - Americans lost $143 million in online romance scams last year. That's way more than any other reported fraud - 15 hours 11 min ago

COMMENTARY:

Washington Post - Fraudsters tried to steal more than $40 million in one of the biggest online scam cases in U.S. history - 9 hours 43 min ago

MarketWatch - This couple fought $25,000 in fraudulent credit-card charges after falling prey to identity theft — then things got worse - 14 hours 15 min ago

Trump has questioned why he must attend G7
CNN - 5 hours 21 min ago
President Donald Trump departs late Friday for a summit he's questioned is worth his time.

Reuters - Major fashion companies to make G7 pledge to help environment - 16 hours 9 min ago

CNN - Will Trump blow up the G7 summit? - 20 hours 11 min ago

COMMENTARY:

Vox - The G7 is getting back together this weekend - 7 hours 41 min ago

The Guardian - French wine-makers hope for G7 detente with Trump over tariffs - 12 hours 32 min ago

VIDEO:

Reuters Video - Oxfam climate protests on eve of G7 summit meeting - 6 hours 19 min ago

Top U.S. publishers sue Amazon's Audible for copyright infringement
CNBC - 5 hours 56 min ago
Amazon's Audible is being sued by some of the top U.S. publishers for copyright infringement.

RELATED:

Reuters - Top U.S. publishers sue Amazon's Audible for copyright infringement - 7 hours 28 min ago

CNBC - Amazon hosts thousands of unsafe or banned products, new investigation finds - 9 hours 12 min ago

CNN - The Amazon is burning because the world eats so much meat - 10 hours 50 min ago

Euronews - Amazon fires: Scientists mythbust Bolsonaro claims with satellite images - 14 hours 1 min ago

COMMENTARY:

NY Post - Publishers sue Amazon-owned app for copyright infringement - 2 hours 12 min ago

Washington Post - Amazon ripped over product safety concerns - 3 hours 45 min ago

BusinessInsider - 10 Christmas movies that Prime members can watch for free right now on Amazon Prime Video - 5 hours 15 min ago

Zero Hedge - Bolsonaro Admits Farmers May Have Started Amazon Wildfires, Warns World Not To Interfere - 13 hours 30 sec ago

VIDEO:

WSJ Video - The Hidden Safety Risks of Your Amazon Order - 11 hours 44 min ago

Powell stops short of committing to rate cuts, and Trump fumes
Reuters - 7 hours 17 min ago
The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from President Donald Trump.

SCMP - Investors are hoping that Powell’s speech at this weekend’s Jackson Hole retreat can clarify where interest rates are headed. Will it? - 17 hours 31 min ago

COMMENTARY:

MarketWatch - Market Extra: Interest rate cuts could make these bonds an attractive target - 40 min 26 sec ago

Washington Post - Fed Chair Powell vows to ‘sustain the expansion’ but doesn’t commit to the deep interest rate cuts Trump wants - 10 hours 10 min ago

The Japan Times - Japan agency prices bond with negative yield for first time as rates plunge - 17 hours 11 min ago

VIDEO:

CNBC Video - NYT's Jim Stewart: Trump must know rate cuts are a sign of economic weakness - 8 hours 46 min ago

Bank loan fraud: ED raids Deccan Chronicle Holding Ltd; seizes Rs 5 lakh in demonetised currency
Indiatimes - 7 hours 41 min ago
The Central Bureau of Investigation (CBI) had registered a criminal case for alleged cheating and criminal conspiracy in the bank loan fraud case in 2013.

RELATED:

Reuters - For some, currency wars may not be fun or easy to win - 8 hours 6 min ago

SCMP - China’s yuan currency slides to fresh 11-year low, sparking fears of capital flight from Asia - 12 hours 11 min ago

COMMENTARY:

Zero Hedge - In Unprecedented, Shocking Proposal, BOE's Mark Carney Urges Replacing Dollar With Libra-Like Reserve Currency - 4 hours 22 min ago

MarketWatch - Currencies: U.S. dollar sinks as Trump tweets stoke intervention fears - 4 hours 41 min ago

The Guardian - Mark Carney: dollar is too dominant and could be replaced by digital currency - 5 hours 10 min ago

VIDEO:

CNBC Video - Escalating trade war increases odds of a currency war: Economic advisor - 4 hours 23 min ago

US warship sails through Taiwan Strait after Chinese officials canceled its Hong Kong port visit
CNN - 8 hours 4 min ago
The US Navy sailed a warship through the Taiwan Strait Friday, a move that comes amid heightened tensions with Beijing over trade.

Euronews - Watch live: Hong Kong protesters join hands in tribute to Baltic Way - 12 hours 11 min ago

SCMP - Sun Hung Kai among top Hong Kong developers defying sour sentiment to bid for smallest plot government has put on sale since 2014 - 12 hours 11 min ago

New York Times - As Hong Kong Firms Fall in Line Over Protests, Some Workers Push Back - 13 hours 15 min ago

Reuters - Protest fears stalk Hong Kong businesses as China threat looms - 17 hours 38 min ago

CNBC - Hong Kong accountants join protests, but they're 'civilized and calm' - 18 hours 23 min ago

COMMENTARY:

Zero Hedge - Will Europe Punish China If Xi Crushes Hong Kong? - 2 hours 16 min ago

The Japan Times - Relations with China shape nations’ cautious reactions to Hong Kong protests - 15 hours 11 min ago

VIDEO:

CNBC Video - Former Governor Scott Walker: Hong Kong protests are a 'gut check' for the US - 11 hours 26 min ago

Volkswagen recalls 679,000 US vehicles to fix electrical problem that could cause cars to roll away
CNBC - 8 hours 27 min ago
Volkswagen said Friday that it's recalling 679,000 U.S. vehicles sold since 2011 with an electrical issue that could cause the car to roll away.

RELATED:

Indiatimes - Volkswagen recalls 679,000 U.S. vehicles that could roll away - 11 hours 41 min ago

Reuters - Volkswagen recalls 679,000 U.S. vehicles that could roll away - 11 hours 53 min ago

U.S. new home sales drop sharply, point to more housing weakness
Reuters - 9 hours 34 min ago
Sales of new U.S. single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labor market.

Tesla short David Einhorn says Elon Musk should resign over solar panel fires
CNBC - 10 hours 9 min ago
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.

RELATED:

Reuters - Tesla in advanced talks with LG Chem on battery supply in China: source - 15 hours 8 min ago

COMMENTARY:

NY Post - Walmart, Tesla working to settle lawsuit after solar panel fires - 2 hours 6 min ago

TechCrunch - Walmart and Tesla are going to try and work things out - 2 hours 36 min ago

Zero Hedge - Tesla's Secret Spontaneously Combusting Solar Panel Cover Up - 11 hours 21 min ago

Dow futures slide as trade fears overshadow Federal Reserve moves
CNN - 11 hours 37 min ago
Dow and broader stock futures dropped early Friday following reports that China is planning to retaliate with a new round of import tariffs on US goods.

RELATED:

Reuters - Stock futures turn sharply lower after China threatens tariffs on U.S. goods - 11 hours 57 min ago

CNBC - US futures point to a slightly higher open ahead of Powell's speech - 17 hours 51 min ago

COMMENTARY:

MarketWatch - Futures Movers: Oil drops, sending U.S. prices down for the week as China includes crude in retaliatory tariffs - 8 hours 36 min ago

Zero Hedge - Futures Plunge After China Announces Retaliatory Tariffs On Another $75BN In US Goods - 11 hours 59 min ago

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion
Reuters - 13 hours 14 min ago
Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year.

RELATED:

Reuters - Huawei says impact of U.S. trade restrictions less than feared - 15 hours 17 min ago

CNBC - Huawei launches A.I. chip as it looks to defy US pressure, pitting it against giants like Nvidia - 15 hours 58 min ago

COMMENTARY:

Zero Hedge - Steve Bannon Hopes To "Steel Trump's Resolve" With New Film About Huawei - 3 hours 16 min ago

VIDEO:

Reuters Video - Huawei says impact of U.S. curbs not as bad as feared - 11 hours 56 min ago

CNBC Video - China demands Huawei executive be freed immediately - 18 hours 8 min ago

Business News - The Last 24 Hours

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