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Forbes HeadlinesAug 23, 2019
Michael Dell, Laurene Powell Jobs And Other Billionaires Hit By Trump's Orders For U.S. Companies To Find ‘Alternative To China'
Trump took to Twitter in retaliation to China unveiling new tariffs on another $75 billion worth of U.S. goods. Stocks stumbled in response.

RELATED ARTICLES
Trump Says He'll Raise Existing Tariffs To 30%, Escalating Trade War With China (Forbes Headlines)
Capitol Report: Trump raises China tariffs in escalation of trade war (MarketWatch)

MarketWatchAug 23, 2019
The Wall Street Journal: Fed's Clarida says he is upbeat on the economy, offers little guidance on rates
The Fed's second-in-command shrugged off heavy stock-market losses in a television interview Friday and affirmed his positive view on the economy, in comments that offered little guidance on what he would like to see with monetary policy over coming months.

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Fed's commitment to act upstaged by Trump's furor (Reuters Business)
Trump's trade threats increased the chances for a recession, but also a Fed rate cut (CNBC Finance)

NYTimes BusinessAug 23, 2019
Trump Says He Will Raise Existing Tariffs on Chinese Goods to 30%
The president said he would raise tariffs on $250 billion worth of Chinese imports to 30 percent and would start the next $300 billion at a rate of 15 percent.

RELATED ARTICLES
USTR to accept public comment period before raising tariffs on $250 billion in Chinese imports (Reuters Business)

Reuters BusinessAug 23, 2019
Wall Street plunges as U.S.-China trade war intensifies
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.

MarketWatchAug 23, 2019
Bond Report: Treasury yield curve inverts after China tariff pledge, Powell speech, and Trump trade tweets
U.S. Treasury yields slump Friday after China announces more tariffs on imports of U.S. goods, Federal Reserve chair Powell indicates that lower interest rates were possible, and President Trump orders American companies home, creating even more uncertainty for business planning.

RELATED ARTICLES
Powell stops short of committing to rate cuts, and Trump fumes (Reuters Business)
Jerome Powell speech: Trade war policy complicates the Fed's job - CBS News (Google Business News)

Reuters BusinessAug 23, 2019
Stocks tumble, yen rallies as Trump threatens to counter new China tariffs
Stocks, the dollar and oil prices fell on Friday while safe havens rose after U.S. President Donald Trump threatened to further escalate his trade war with China "this afternoon," following a new round of retaliatory tariffs from Beijing.

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GLOBAL MARKETS-Stocks tumble, yen rallies as Trump threatens to counter new China tariffs (Reuters Company News)
Here's Why Oil and Gas Stocks Are Getting Crushed Today (The Motley Fool)

MarketWatchAug 23, 2019
NewsWatch: Dow ends more than 600 points lower as U.S.-China trade war intensifies
U.S. stocks fall sharply Friday as President Donald Trump says he's "ordering" U.S. companies to start looking for "an alternative to China" after Beijing imposed more retaliatory tariffs on U.S. goods.

RELATED ARTICLES
Market Snapshot: Dow ends more than 600 points lower as U.S.-China trade war intensifies (MarketWatch)
Dow ends down over 600 points as Trump escalates trade war rhetoric (MarketWatch Breaking News)

Wall Street Journal US BusinessAug 23, 2019
Powell Issues Warning Over Trade, Signals More Rate Cuts Are Possible
Fed Chairman Jerome Powell gave his most forceful warning yet about the risks to the U.S. economy from escalating trade tensions and the limits to the central bank's ability to cushion any fallout.

MarketWatch MarketPulseAug 23, 2019
Foot Locker shares plummet 17% after earnings and sales miss
Foot Locker Inc. stock plummeted 17% in Friday trading after the athletic retailer reported second-quarter earnings and sales that missed expectations. Net income totaled $60 million, or 55 cents per share, down from $88 million, or 75 cents per share, last year. Adjusted EPS of 66 cents missed the 67-cent FactSet consensus. Sales were $1.77 billion, down from $1.78 billion in 2018 and below the $1.82 billion FactSet guidance. Same-store sales increased 0.8%; the FactSet outlook was for 3.2% growth. Foot Locker stock is down 21.2% for the year to date while the S&P 500 index has gained 16.6% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsAug 23, 2019
David Koch's death celebrated by Twitter users: 'Here's hoping that Charles Koch follows' - Fox News
David Koch's death celebrated by Twitter users: 'Here's hoping that Charles Koch follows'  Fox NewsDavid Koch, Billionaire Who Fueled Right-Wing Movement, Dies at 79  The New York TimesDavid Koch, billionaire businessman and influential GOP donor, dies  CNNDavid Koch reshaped America for the worse. His life's work was the destruction of others  The IndependentConservative donor and philanthropist David Koch dead at 79  CBS NewsView full coverage on Google News

MarketWatchAug 23, 2019
Caroline Baum: The Fed should heed the bond market and slash interest rates
Financial markets will be listening closely to Jerome Powell's speech on Friday for hints about the near-term direction of monetary policy.

RELATED ARTICLES
Powell hints the Fed will cut interest rates again as soon as next month (USA Today Money)
Project Syndicate: Summers explains why cutting interest rates isn't the way out of our economic stagnation (MarketWatch)

The Motley FoolAug 23, 2019
Stock Market News: Earnings Send Foot Locker Stumbling, Salesforce Surging
Bad news on trade sent major benchmarks lower early Friday.

CNBC FinanceAug 23, 2019
Here's what shows the bond market is really scared about Fed policy
One area that has been raising alarm bells is the market's growing expectation that inflation will go lower and lower, and stay there for a long time.

MarketWatch MarketPulseAug 23, 2019
Buckle shares jump after earnings and sales beat consensus
Shares of clothing and accessory retailer Buckle Inc. jumped 7.6% in Friday premarket trading after it reported second-quarter earnings and sales that beat consensus. Net income totaled $16.4 million, or 34 cents per share, up from $15.7 million, or 32 cents per share, last year. Sales were $203.8 million, up from $201.1 million in 2018, with online sales rising 9.2% to $23.1 million. The FactSet consensus was for EPS of 30 cents and sales of $204 million. Same-store sales rose 1.8%; FactSet expected a 0.5% same-store sales decline. Buckle stock has taken a 33% tumble over the past year while the S&P 500 index has gained 2.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



NPR Topics: BusinessAug 23, 2019
Trump Lashes Out, 'Orders' All U.S. Companies To Move Out Of China
President Trump promised to respond Friday after China said it will slap tariffs on $75 billion automobiles and other U.S. goods. He also "ordered" U.S. companies to stop doing business with China.

FT.com - Financial MarketsAug 23, 2019
Wall St slides for fourth week as Trump dials up US-China tensions
US president instructs American companies to leave China after Beijing announces additional tariffs

MarketWatch MarketPulseAug 23, 2019
Dow closes down more than 600 points after Trump orders U.S. companies to leave China
U.S. stocks ended the trading day sharply lower after President Trump escalated trade war rhetoric Friday, tweeting that he had "hereby ordered" U.S. companies "to immediately start looking for an alternative to China." The Dow Jones Industrial Average fell 614 points, or 2.6% to 25,633, the S&P 500 index lost about 75 points, or2.6% to 2,848 and the Nasdaq Composite lost 240 points, or 3% to close around 7,751. Trump's tweets were in apparent response to China announcing new tariffs of 5% and 10% on $75 billion in U.S. imports in retaliation for the Trump Administration plans to institute a new round of tariffs on $300 billion in Chinese imports, starting Sept. 1. Meanwhile, Federal Reserve Chairman Jay Powell gave a speech at the Fed's annual symposium in Jackson Hole, Wyo. in which he said "the U.S. economy has continued to perform well overall," but appeared to leave the door open for a possible quarter-point rate cut at its next meeting in September.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



USA Today MoneyAug 23, 2019
Dow, stocks dive off Trump's latest comments on US-China trade war
Stocks fell sharply on Wall Street Friday after President Donald Trump called on U.S. companies to consider alternatives to doing business in China       

FT.com - Financial MarketsAug 23, 2019
Trump lashes out at China and US Federal Reserve — latest news


Forbes HeadlinesAug 23, 2019
After Trump's "Order To Look" Tweet, A Look At Top 10 U.S. Chinese Imports, Percent Market Share
Here's a chart that looks at the top 10 U.S. imports from China this year, their rank as an overall U.S. import, the change from last year at this time, and the percentage of these imports that come from China.

CNBC FinanceAug 23, 2019
Week ahead: Stocks could be rocky on trade, economy fears, as August breaks low volatility streak
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.

RELATED ARTICLES
Fed's Clarida says global economy has worsened since July: CNBC (Reuters Business)
Capitol Report: Escalating U.S.-China trade war threatens global economy, poses Trump reelection risk (MarketWatch)

AdWeek NewsAug 23, 2019
Facebook: Here's How to See How Much Time You Spend in the App
Did you know Facebook allows you to see how much time you spend in its mobile application, for both individual days and as a weekly average? Our guide will show you how this works. Note: Facebook's chart will only show you how much time you spend in the Facebook app on your current device, so...

MarketWatch MarketPulseAug 23, 2019
Trump says U.S. tariffs will increase on Chinese goods
President Donald Trump hit back at China Friday for its new tariffs on U.S. products by increasing American levies on Chinese goods. On Twitter Trump said 25% tariffs on $250 billion in Chinese products would rise to 30% starting Oct. 1. Separately, the remaining $300 billion in imports will be tariffed at 15% instead of 10% on Sept. 1. The trade brawl with China sent stocks reeling on Friday, with the Dow Jones Industrial Average dropping more than 600 points.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
CORRECTED-UPDATE 2-China strikes back at U.S. with new tariffs on $75 bln in goods (Reuters Company News)

SEC.gov Updates: News DigestAug 23, 2019
4 - Abdiel Capital LP (0001362771) (Reporting)
2019-08-23 0000904454-19-000616 39 KB

RELATED ARTICLES
4 - Abdiel Capital Advisors, LP (0001578684) (Reporting) (SEC.gov Updates: News Digest)
4 - Abdiel Capital Management, LLC (0001659179) (Reporting) (SEC.gov Updates: News Digest)

Reuters Company NewsAug 23, 2019
UPDATE 11-Oil prices slide as U.S.-China trade war escalates
* U.S. oil rig count at Jan 2018 low -Baker Hughes (Adds CFTC data)

Wall Street Journal US BusinessAug 23, 2019
Trump Tells U.S. Businesses to Find Alternative to China
President Trump said he was ordering U.S. companies doing business in China to explore relocating their operations after Beijing unveiled new tariffs on U.S. goods, the latest twists in a trade war that showed anew its potency to rattle investors, confound central bankers, and cloud the global economy.

Reuters Company NewsAug 23, 2019
US STOCKS SNAPSHOT-Wall St sinks as U.S.-China trade tensions boil
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.

FT.com - TelecomsAug 23, 2019
Huawei says US ban will damage its business by $10bn
Chinese tech giant calls latest reprieve ‘meaningless' as it seeks to build self-reliance

MarketWatch Breaking NewsAug 23, 2019
Stock losses continue to mount Friday as trade war with China roils investors
Stock losses continue to mount Friday as trade war with China roils investors

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Top Ten: Weekend roundup: Dividend stocks | How to save up nearly $1 million | Why investors buy bonds with negative yields (MarketWatch)
All 3 major stock indexes are now in the green as investors shrug off trade woes (MarketWatch Breaking News)

Reuters Company NewsAug 23, 2019
REFILE-Popeyes spicy chicken sandwich launch heats up social media
A sign posted inside a Popeyes Louisiana Kitchen in the Queens borough of New York on Friday said the restaurant was out of its newly launched fried chicken sandwich. Other outlets in the city were also sold out.

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Popeyes spicy chicken sandwich launch heats up social media (Reuters Company News)

Reuters BusinessAug 23, 2019
Trump calls on U.S. firms to exit China as trade war escalates
President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession.

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WRAPUP 2-Trump calls on U.S. firms to exit China as trade war escalates (Reuters Company News)

Google Business NewsAug 23, 2019
David Koch's nephew in line to take his spot, shift away from politics - Business Insider
David Koch's nephew in line to take his spot, shift away from politics  Business InsiderDavid Koch, Billionaire Who Fueled Right-Wing Movement, Dies at 79  The New York TimesDavid Koch, billionaire businessman and influential GOP donor, dies  CNNDavid Koch helped build a libertarian empire. It turned out to be a paper tiger.  The Washington PostDavid Koch reshaped America for the worse. His life's work was the destruction of others  The IndependentView full coverage on Google News

MarketWatchAug 23, 2019
The Moneyist: My aunt is stealing my dead mother's Social Security and persuaded my hospitalized father to sign over power of attorney
‘My father was recently very sick and in the hospital, and he was not in his right mind.'

CNBC BusinessAug 23, 2019
Trump calls on UPS, FedEx and Amazon to 'search for & refuse' fentanyl deliveries from China
In a series of tweets in which he called on American companies to look for "an alternative to China" on Friday, Trump singled out FedEx, UPS, Amazon and the United States Postal Service specifically.

MarketWatchAug 23, 2019
: Cloudflare IPO: 5 things to know about the cloud-network platform
Cloudflare Inc. is looking to be the next big tech company to go public, and investors who climbed on board a decade ago stand to reap huge rewards.

Reuters BusinessAug 23, 2019
Trump jacks up tariffs on Chinese imports in latest tit-for-tat
President Donald Trump said on Friday the United States would subject Chinese imports to an additional 5% tariff in response to what he called a politically motivated move by China to impose tariffs on $75 billion worth of U.S. exports.

SEC.gov Updates: News DigestAug 23, 2019
3 - Greenhaven Road Capital Fund 2, L.P. (0001736139) (Reporting)
2019-08-23 0001144204-19-041553 13 KB

MarketWatchAug 23, 2019
Personal Finance Daily: This is exactly how much a payroll-tax cut would help the average American, and this man paid off $10,000 in credit-card debt after having a revelation (at the Gap)
Friday's top personal finance stories

Reuters BusinessAug 23, 2019
U.S.-China Business Council urges talks to end damaging trade tensions
The US-China Business Council on Friday said millions of U.S. citizens will be harmed by the increased trade tensions between the United States and China, the world's largest economies, following the latest salvos in the U.S.-China trade war.

SEC.gov Updates: News DigestAug 23, 2019
497 - PUTNAM GLOBAL EQUITY FUND (0000081251) (Filer)
2019-08-23 0000928816-19-001338 23 KB

NYTimes BusinessAug 23, 2019
First Death in a Spate of Vaping Sicknesses Reported by Health Officials
An Illinois patient has died after suffering lung-related illnesses from vaping, although federal officials disclosed few details about the circumstances.

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First death reported from vaping-related lung illness, officials say (CNBC Business)

MarketWatchAug 23, 2019
Futures Movers: Oil drops, sending U.S. prices down by more than 1% for the week
Oil drops Friday, prompting a weekly loss of more than 1% in U.S. prices, after China announced it would impose retaliatory tariffs on $75 billion worth of imports from the U.S., including a 5% levy on crude.

The Motley FoolAug 23, 2019
360 Finance Inc (QFIN) Q2 2019 Earnings Call Transcript
QFIN earnings call for the period ending June 30, 2019.

Reuters BusinessAug 23, 2019
Stocks and oil fall, yen rallies as Trump threatens to further escalate China trade war
Stocks and oil prices fell sharply on Friday while traditional safe havens rose after U.S. President Donald Trump threatened to further escalate his trade war with China "this afternoon," following a new round of retaliatory tariffs from Beijing.

MarketWatch MarketPulseAug 23, 2019
U.S. oil futures drop, post a more than 1% loss for the week
Oil futures declined on Friday, posting a loss for the week, following news of China's plan for retaliatory tariffs on U.S. products. President Donald Trump took to social media, tweeting that the U.S. is "better off without" China. The tweets further exacerbated the day's selloff, "as tit-for-tat escalation in the trade war is weighing on economic sentiment and stoking oil demand concerns," said Matt Smith, director of commodity research at ClipperData. October West Texas Intermediate oil lost $1.18, or 2.1%, to settle at $54.17 a barrel on the New York Mercantile Exchange. For the week, prices lost about 1.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



The Motley FoolAug 23, 2019
Hibbett Sports Inc (HIBB) Q2 2020 Earnings Call Transcript
HIBB earnings call for the period ending August 3, 2019.

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Foot Locker Inc (FL) Q2 2019 Earnings Call Transcript (The Motley Fool)

Reuters BusinessAug 23, 2019
U.S. trade group says 'unrealistic' for American retailers to exit China
The U.S. National Retail Federation (NRF) said on Friday it is "unrealistic" for American retailers to move out of China, the world's second-largest economy, as 95% of the world's consumers live outside the United States.

MarketWatch MarketPulseAug 23, 2019
Hibbett shares sink as late back-to-school shoppers hurt sales
Hibbett Sports Inc. stock sank 15.5% after the athletic retailer reported second-quarter sales that missed expectations. Hibbett had a net loss of $8.8 million, or 49 cents per share, after a loss of 1.2 million, or 6 cents per share, the year prior. Adjusted net loss was 13 cents per share, ahead of the 16-cent loss FactSet forecast. Sales of $252.4 million were up from $211.1 million, but below the $256.0 million FactSet guidance. Same-store sales rose 0.3%, below FactSet outlook for 1% growth. One of the factors that impacted the results was a back-to-school shopping shift. "Not only do we continue to see volatility in school start dates, we're also seeing shoppers wait until the very last minute to make their back-to-school purchases, often resulting in peak volume days occurring as close to the school start date as possible," said Jared Briskin, Hibbett's chief merchant, on the earnings call, according to a FactSet transcript. "This volatility did impact our July results negatively but as having a positive impact to August." Hibbett also updated its annual guidance. It now expects same-store sales up 1% to 2% versus previous guidance of up 0.5% to 2%. EPS is now expected to be $1.35 to $1.50, with adjusted EPS of $2.15 to $2.25 compared with previous guidance for $2.00 to $2.15. The FactSet outlook is for same-store sales growth of 2.4% and EPS of $2.11. Hibbett stock is down 51% over the past year while the S&P 500 index is up 0.3% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseAug 23, 2019
Gold futures post a gain for a 4th week in a row
Gold futures rallied Friday, with China's plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are overshadowing" the Jackson Hole, Wyo., economic policy symposium, he said. December gold climbed by $29.10, or 1.9%, to settle at $1,537.60 on Comex. That was the highest most-active contract settlement since April 2013, according to FactSet data. For the week, prices were up 0.9%, following weekly gains in each of the past three weeks.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchAug 23, 2019
This is exactly how much a payroll-tax cut would help the average American
A simulation by the Urban-Brookings Tax Policy Center explored tax measures that could help mitigate the effects of a recession.

Forbes HeadlinesAug 23, 2019
China Box Office: 'Hobbs & Shaw' Opens With Huge $40 Million Friday
If 'Hobbs & Shaw' isn't already over $500 million worldwide by tonight, it will be by the end of this sentence.

Google Business NewsAug 23, 2019
China retaliates with tariffs on $75 billion of US goods - CNN
China retaliates with tariffs on $75 billion of US goods  CNNTrump Orders American Companies to ‘Start Looking for an Alternative to China'  The New York TimesTrump 'hereby orders' companies to seek 'alternative' markets to China as markets plunge  USA TODAYChina is feeling the pain of U.S. tariffs. Now it's time for negotiators to secure a deal.  USA TODAYIf and when the recession begins, it won't be Trump's fault  Washington PostView full coverage on Google News

MarketWatch Breaking NewsAug 23, 2019
Stocks turn again in whipsaw Friday session, with Dow nearing a 350-point loss
Stocks turn again in whipsaw Friday session, with Dow nearing a 350-point loss

Reuters Company NewsAug 23, 2019
CANADA STOCKS-TSX slips as energy shares drop, U.S.-China trade dispute deepens
Canada's main stock index dropped on Friday as energy shares fell, tracking declines in oil prices as trade dispute intensified after China unveiled more tariffs against U.S. goods, including crude.

MarketWatch Breaking NewsAug 23, 2019
Need to Know: Contrarian signal tells investors get ready to love stocks again
Need to Know: Contrarian signal tells investors get ready to love stocks again

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Need to Know: Investors are so bearish, it's almost time to start buying stocks again, says Bank of America (MarketWatch)

Reuters BusinessAug 23, 2019
Trump meets with trade team at White house: CNBC reporter on Twitter
President Donald Trump was meeting with his trade team at the White House, according to CNBC, after China imposed retaliatory tariffs on U.S. goods and the Republican leader told American companies to get out of China.

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China hits U.S. with tariffs on $75 billion worth of goods, including autos (Washington Post Business)

AdWeek NewsAug 22, 2019
Facebook Released a Playable Preview Tool for Its Playable Ads
Facebook introduced the Playable Preview Tool, which advertisers and developers can use to test and validate assets that are used in its Playable Ads. The social network introduced Playable Ads last August as a way to enable people to preview mobile applications before downloading them. The Playable Preview Tool helps its users ensure that their...

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How to Get the Most Out of Your Facebook Ads (Entrepreneur.com)

MarketWatchAug 22, 2019
Key Words: Trump may still unveil tax cuts before 2020 election, Kudlow says
White House economic adviser Larry Kudlow said Thursday that President Donald Trump may unveil new tax cuts before the 2020 presidential election.
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