 | | | | NEW YORK (Reuters) - U.S. stocks dropped about 2 percent on Friday, with the Dow falling more than 570 points, as U.S. President Donald Trump's latest tariff threat on Chinese imports fueled increasing concern over a U.S. trade war with China. | | | | | | NEW YORK (Reuters) - "Don't overreact," President Donald Trump's chief economic adviser told investors on Wednesday, when U.S. stocks were deep in the red over worries about the administration's plan for $50 billion of import duties aimed at China. | | | | | | BEIJING/WASHINGTON (Reuters) - China warned on Friday it was fully prepared to respond with a "fierce counter strike" of fresh trade measures if the United States follows through on President Donald Trump's threat to slap tariffs on an additional $100 billion of Chinese goods. | | | | | | CHICAGO (Reuters) - The Federal Reserve will likely need to keep raising U.S. interest rates to keep inflation under control, Fed Chairman Jerome Powell said, adding that it was too soon to know if rising trade tensions would hit the U.S. economy. | | | | | | SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc backed for the first time on Friday proposed legislation requiring social media sites to disclose the identities of buyers of online political campaign ads and introduced a new verification process for people buying "issue" ads, which have been used to sow discord online. | | | | | | WASHINGTON, (Reuters) - The U.S. economy created the fewest jobs in six months in March as a boost from milder temperatures faded, but a pickup in wage gains pointed to a tightening labor market, which should allow the Federal Reserve to further raise interest rates this year. | | | | | | WASHINGTON (Reuters) - The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, according to two sources familiar with the administration's thinking. | | | | | | WASHINGTON (Reuters) - When Liu He, Chinese President Xi Jinping's top economic adviser, came to Washington in late February, he was expected to make arrangements for restarting trade talks that President Donald Trump had put on ice. | | | | | | WILMINGTON, Del. (Reuters) - A U.S. bankruptcy judge approved on Friday procedures for auctioning the film studio co-founded by Harvey Weinstein, who was fired by the company last year in the wake of allegations of sexual assault. | | | | | | WASHINGTON/NEW YORK (Reuters) - Rival lenders privately congratulated the top U.S. consumer watchdog on its $100 million settlement with Wells Fargo over the bank's phony accounts scandal, according to internal documents published by the Consumer Financial Protection Bureau this week. | | | | | |
