Customers try iPhones at the Apple store in Hong Kong, China. Stringer | Anadolu Agency | Getty Images Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations. Shares of Apple, Nike and Caterpillar all tanked …

FILE – In this Nov. 11, 2010 file photo, Humberto Manzano, Jr., delivers an arriving pallet of goods at an Amazon.com fulfillment center in Phoenix. Products are flying off the shelves at Amazon warehouses across the county as Californians prepare to start paying sales taxes on online purchases. The change, …

President Donald Trump talks to journalists while departing the White House August 01, 2019 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump again ripped into Federal Reserve Chairman Jerome Powell on Friday, questioning whether he is a “bigger enemy” to the United States than Chinese President Xi …

Popeyes Chicken Sandwich Source: Popeyes Louisiana Kitchen After a Twitter spat with Chick-fil-A over chicken sandwiches, Popeyes Louisiana Kitchen walked away with a larger spike in its follower count — but that might not matter for its long-term sales. Popeyes, which is owned by Restaurant Brands International, brought a chicken …

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Arturo Estrella, the economist who first discovered the predictive power of the yield curve, has a message for recession naysayers: It could hit sooner than you think. “It’s been 50 years and 7 recessions with …

German Chancellor Angela Merkel speaks at the 100-years anniversary celebration of prosthesis maker Ottobock SE in Duderstadt, Germany, February 18, 2019. Ralph Orlowski | Reuters Sterling hit a three-week high against the dollar Thursday after German Chancellor Angela Merkel said a solution to the Irish “backstop” is possible before the …

A shopper is seen in a Target store in the Brooklyn borough of New York. Brendan McDermid | Reuters Looking for reasons to be optimistic about the U.S. economy? Try the aisles of Target. Target’s stock soared more than 20% to a record $103 a share on Wednesday after the …

President Donald Trump lauded Germany’s ability to sell bonds with no interest Wednesday, but he didn’t mention that Germany failed to sell more than half of what it brought to auction. The German government sold 869 million euros of 30-year bonds with a negative yield, for the first time ever, …

Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE) on August 6, 2019. Drew Angerer | Getty Images Corporate America’s aggressive program of buying back stock slowed in the second quarter. Data provided by Standard & Poor’s indicates that corporate …

John Childs attends Calvin Coolidge Presidential Foundation Annual Gala at 3 West Club on December 14, 2016 in New York City. Sylvain Gaboury | Patrick McMullan | Getty Images Republican megadonor and private equity investor John W. Childs has continued giving GOP fundraising committees large sums of money since he …