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Markets sink as Trump details remaining 10% tariffs on China imports

President Donald Trump intensified pressure Thursday on China to reach a trade deal by saying that beginning Sept. 1, he will impose 10% tariffs on the remaining $300 billion in Chinese imports he hasn’t already taxed. The move immediately sent stock prices sinking.

FTC fines Facebook $5B, biggest ever, for privacy violations

Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business. But they are only holding CEO Mark Zuckerberg personally responsible in a limited fashion.

Facebook’s currency proposal gets hostile reception in Congress

A Facebook executive on Tuesday defended the social network’s ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users’ data.

Powells message to Congress: Rate cut is likely coming soon

The chairman’s remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates.

Trump expresses frustration with Fed’s independent policies

President Donald Trump complained Monday that President Xi Jinping enjoys a major advantage in the U.S.-China trade war in that he controls China’s central bank while Trump must deal with a Federal Reserve that is “very destructive to us.”

Trump says much work to be done to avoid start of tariffs

A multifaceted effort by Mexico officials aims to get a compromise to avoid a 5% tariff proposed by President Donald Trump before a Monday deadline.

Trump doubles down on Mexico tariff threat, gets pushback

Despite pushback from business and Mexico, President Trump doubled down Friday on his threat to slap a 5% tariff on Mexican imports unless Mexico cracks down on migrants trying to cross the border.

Businesses want government to fix $2T infrastructure needs

Small and mid-size businesses want the federal government to follow through on a promise to rebuild the nation’s infrastructure — including roads, bridges and internet.

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