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Avie Schneider
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Avie Schneider

Friday

More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions

Federal Reserve Chairman Jerome Powell said Friday that the central bank "will act as appropriate to sustain" the U.S. economic expansion. Manuel Balce Ceneta/AP hide caption

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Manuel Balce Ceneta/AP

Economy

More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions

The central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and parts of the U.S. economy, Fed Chairman Jerome Powell says.

Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points

President Trump announced higher U.S. tariffs on goods from China. "Our great American companies are hereby ordered to immediately start looking for an alternative to China," he tweeted. It was unclear what Trump could do to force U.S. firms to make such a move. Alex Brandon/AP hide caption

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Alex Brandon/AP

Business

Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points

President Trump's move came after Beijing announced tariffs on $75 billion worth of autos and other U.S. goods. In a tweet, he also "ordered" U.S. companies to stop doing business with China.

Friday

With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing

A construction worker lays down shingles on the roof of a new house in Brandon, Miss., on June 19. Construction jobs rose 4,000 in July — below the 18,000 added in June and the 19,000 added in July 2018. Rogelio V. Solis/AP hide caption

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Rogelio V. Solis/AP

Economy

With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing

The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.

Wednesday

No U.S.-China Trade Deal Yet; Talks To Resume In September

U.S. Treasury Secretary Steven Mnuchin (left) looks on as U.S. Trade Representative Robert Lighthizer speaks with and Chinese Vice Premier Liu He in Shanghai on Wednesday. Ng Han Guan/AFP/Getty Images hide caption

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Ng Han Guan/AFP/Getty Images

Business

No U.S.-China Trade Deal Yet; Talks To Resume In September

The White House called the brief talks in Shanghai this week between top U.S. and Chinese officials "constructive" and said negotiations are expected to pick up again in early September.

Friday

U.S. Economy Slows: Trump's 3% Growth Pledge Now In Rearview Mirror

A container ship is unloaded at the Port of Oakland in California. A drop in exports contributed to a slowdown in U.S. economic growth in the second quarter. Ben Margot/AP hide caption

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Ben Margot/AP

Economy

U.S. Economy Slows: Trump's 3% Growth Pledge Now In Rearview Mirror

The U.S. growth rate fell to 2.1% in the second quarter amid a slowdown in exports. The Trump administration has targeted a growth rate of 3% or above, citing the Republican tax cuts passed in 2017.

U.S. Economy Slows: Trump's 3% Growth Pledge Now In Rearview Mirror

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Wednesday

FTC To Hold Facebook CEO Mark Zuckerberg Liable For Any Future Privacy Violations

As part of a settlement with the Federal Trade Commission, Facebook CEO Mark Zuckerberg could be subject to penalties if his company doesn't comply with an agreement over privacy violations. Ben Margot/AP hide caption

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Ben Margot/AP

Technology

FTC To Hold Facebook CEO Mark Zuckerberg Liable For Any Future Privacy Violations

Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.

FTC To Hold Facebook CEO Mark Zuckerberg Liable For Any Future Privacy Violations

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As 737 Max Grounding Drags On, Boeing's Bottom Line Takes A Hit

Southwest Airlines Boeing 737 Max aircraft sit on the tarmac at Phoenix Sky Harbor International Airport on March 13. The 737 Max has been grounded worldwide following a pair of deadly crashes. Ralph Freso/Getty Images hide caption

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Ralph Freso/Getty Images

Business

As 737 Max Grounding Drags On, Boeing's Bottom Line Takes A Hit

Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.

As 737 Max Grounding Drags On, Boeing's Bottom Line Takes A Hit

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Monday

Equifax To Pay Up To $700 Million In Data Breach Settlement

Equifax will pay up to $700 million in a proposed settlement over its 2017 data breach. Mike Stewart/AP hide caption

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Mike Stewart/AP

Business

Equifax To Pay Up To $700 Million In Data Breach Settlement

The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.

Equifax To Pay Up To $700 Million In Data Breach Settlement

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Tuesday

U.S. lawmakers will question lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues.

U.S. lawmakers will question lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues. Reuters hide caption

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Reuters

Technology

'Facebook Is Dangerous': Firms In Hot Seat As Congress Probes Big Tech

Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.

'Facebook Is Dangerous': Firms In Hot Seat As Congress Probes Big Tech

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Tuesday

FedEx Sues U.S. Commerce Department Over Export Controls In Huawei Dispute

FedEx is suing the U.S. Commerce Department to block it from enforcing export regulations against the giant shipping company. Joel Saget/AFP/Getty Images hide caption

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Joel Saget/AFP/Getty Images

Business

FedEx Sues U.S. Commerce Department Over Export Controls In Huawei Dispute

FedEx has been caught up in the conflict between the Trump administration and Huawei Technologies. Now, the shipper is suing the government to block it from enforcing export regulations against FedEx.

Friday

Trump Delays Auto Tariffs For 6 Months

New cars sit in a lot at the Port of Richmond in California last year. The Trump administration on Friday announced a six-month delay in setting new tariffs on auto imports. Justin Sullivan/Getty Images hide caption

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Justin Sullivan/Getty Images

Business

Trump Delays Auto Tariffs For 6 Months

The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.

Trump Delays Auto Tariffs For 6 Months

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Tuesday

Stock Markets In Turmoil Amid Uncertainty Over U.S.-China Trade Talks

Traders work on the floor at the New York Stock Exchange on Tuesday, when major stock indexes plunged after U.S. officials accused China of reneging on commitments in trade negotiations. Brendan McDermid/Reuters hide caption

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Brendan McDermid/Reuters

Business

Stock Markets In Turmoil Amid Uncertainty Over U.S.-China Trade Talks

The Dow Jones Industrial Average and other major stock indexes plunged Tuesday after Trump administration officials accused Beijing of reneging on commitments it had already made in the talks.

Thursday

Trump Says Stephen Moore No Longer Being Considered For Fed Post

Stephen Moore speaks during a Bloomberg Television interview in Washington, D.C., on Thursday. He withdrew from consideration for a seat on the Federal Reserve Board, President Trump said. Andrew Harrer/Bloomberg via Getty Images hide caption

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Andrew Harrer/Bloomberg via Getty Images

Business

Trump Says Stephen Moore No Longer Being Considered For Fed Post

The Trump campaign adviser and conservative pundit who came under criticism from lawmakers and economists has withdrawn his name from consideration to serve on the Federal Reserve Board.

Wednesday

Boeing Hits Pause On Forecasts As 737 Max Groundings Continue

Southwest Airlines Boeing 737 Max aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, Calif., on March 28. Boeing said its financial outlook is uncertain as it deals with the 737 Max grounding. Mark Ralston/AFP/Getty Images hide caption

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Mark Ralston/AFP/Getty Images

Business

Boeing Hits Pause On Forecasts As 737 Max Groundings Continue

The aircraft manufacturer said its profits fell 13 percent in the first quarter as it works through "this challenging time." Boeing said the 737 Max crisis has cost it $1 billion so far.

Monday

Samsung Delays Launch Of $2,000 Folding Phone After Reviewers Find Broken Screens

Samsung executive DJ Koh holds up the new Galaxy Fold smartphone during an event on Feb. 20 in San Francisco. On Monday, the company announced it is delaying the device's launch. Eric Risberg/AP hide caption

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Eric Risberg/AP

Technology

Samsung Delays Launch Of $2,000 Folding Phone After Reviewers Find Broken Screens

The Galaxy Fold was due to go on sale this Friday, but reviewers discovered bulges, flickering and other problems with its 7.3-inch screen. Samsung says it plans to run further tests.