Jim Zarroli

China is the world's largest importer of oil. It buys a lot of crude oil from Saudi Arabia and is investing heavily in Iran. So China is especially vulnerable to instability in the Middle East.

When it comes to trade, Trump and the Democrats sound a lot alike. "It's like Donald Trump has co-opted Democratic trade policy," one analyst says. So how do his opponents differentiate themselves?

Legendary Texas oilman T. Boone Pickens has died at the age of 91. Pickens was a pioneer in the energy industry, founded his own hedge fund and was an early activitst for shareholder rights. He was also a generous philanthropist.

The president says GM has moved major plants to China. But most of the cars made by the automaker in China are actually sold in the country, which is now the auto industry's largest market.

The pound was long the symbol of Britain's economic might. The chaos surrounding Brexit, the country's 2016 decision to leave the European Union, has sent the currency falling sharply.

President Trump recently tweeted that American companies would be better off without China. But many American companies earn a significant portion of their profits there.

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.

China announced it will impose tariffs on $75 billion of U.S. goods. Federal Reserve Chief Jerome Powell said the central bank will quote "act as appropriate" to sustain the economic expansion.

Signs the economy is weakening have raised concerns about the Trump administration's moves to erode financial safeguards put in place after the last recession.

Steven Hoffenberg spent 18 years in prison for running a Ponzi scheme. He says his former business partner Jeffrey Epstein should have been there too.

Stocks slid early on, amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that's already slowing. But the market recovered by day's end.

World stock markets saw sharp sell-offs after China let its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average closed down 767 points, or 2.9%.

President Trump said the U.S. will impose more tariffs on products imported from China. Also, Americans who studied in China are being questioned by the FBI and Puerto Rico's governor is resigning.

President Trump said the United States will impose a new 10% tariff on $300 billion worth of goods imported from China, saying Beijing had broken some of the promises it made in trade negotiations.

Airlines around the world are cutting flights because of grounded Boeing planes. That's created disruptions for passengers during the busy summer travel season and hit airlines financially.

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.

Officials from Boeing provide new details about its troubled 737 Max planes while disclosing the financial damage that the grounding has caused.

Robert Morgenthau, the patrician lawman who a former aide said spent four decades "making mischief for people who engaged in bad conduct," died Sunday at age 99.

Deutsche Bank says it is setting up what's called a "bad bank," to rope off its bad investments from good ones. And, it is also cutting 18,000 jobs and shaking up senior management.

California is home to some of the wealthiest places in the country, but the Imperial Valley has been left behind. The Labor Department says the region has the highest unemployment rate in the nation.