Markets lower as China tensions rise

Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss the latest market action with Heritage Capital President Paul Schatz.

Related Stories

  • Aerators may be brought in to help dying fish in Biscayne Bay’s low oxygen hot spots

    Aerators may be deployed in Biscayne Bay to help improve oxygen levels in hot spots where thousands of fish have died in recent days as a result of a deadly combination of high water temperatures and increased nutrients.

  • Missing 2-year-old found in southern Mexico; returned to mom

    A 2-year-old boy whose abduction set off a hunt that helped rescue other stolen children sat on his mother's lap Friday as officials in southern Mexico described how they finally tracked him down. Chiapas state prosecutor Jorge Luis Llaven Abarca said that investigators located the woman suspected of abducting Dylan Thursday in Cintalapa, two hours west of San Cristobal de las Casas, from where he was kidnapped on June 30. The search for Dylan Esaú, who was led away from a market where his mother worked, led investigators in July to discover a child trafficking ring and recover 23 children, but not Dylan.

  • WWII veteran reflects on 75th anniversary of Japan's surrender

    Veteran Tony DeFilippis and filmmaker Tim Gray commemorate 75th anniversary of VJ Day.

  • US mother killed while daughter takes first day of Zoom lessons

    A teacher was able to mute the girl's feed before the suspect opened fire in her home, police say.

  • Democrats fear long lines, poll worker shortages for November election

    House Democratic leaders on Friday sent a letter to election officials in four swing states expressing concern about potential problems in November’s election.

  • Trump admits he's blocking postal cash to stop mail-in votes

    President Donald Trump frankly acknowledged Thursday that he's starving the U.S. Postal Service of money in order to make it harder to process an expected surge of mail-in ballots, which he worries could cost him the election. In an interview on Fox Business Network, Trump explicitly noted two funding provisions that Democrats are seeking in a relief package that has stalled on Capitol Hill. Without the additional money, he said, the Postal Service won't have the resources to handle a flood of ballots from voters who are seeking to avoid polling places during the coronavirus pandemic.

  • Germany: Optimistic we'll have a vaccine in coming months and certainly next year

    German Health Minister Jens Spahn said on Thursday he expected there to be a COVID-19 vaccine in the coming months and definitely next year, speaking after the public health agency withdrew a report suggesting there would be one in autumn. "I'm optimistic that in the next months, and certainly in the next year, there can be a vaccine," Spahn told ZDF television. Spahn declined to name a specific month in which the vaccine would be ready, saying it was not yet possible to determine how often people would need to be vaccinated or how long-lasting the immunity it conferred would be.

  • UK will be 'ruthless' over quarantine, Johnson says when asked about France

    British Prime Minister Boris Johnson said his government was prepared to be ruthless with even its closest partners over COVID-19 quarantine rules, after he was asked whether France would be removed from the government's safe-travel list. Britain has in recent weeks imposed a 14-day quarantine period for arrivals from countries like Spain and Belgium, responding to rising infections and fears of a second wave of the virus, having initially declared them safe for travel. "We will be looking at the data a bit later on this afternoon ... looking at exactly where France and other countries are getting to, and you know we can't be remotely complacent about our own situation."

  • After two women were killed on different U.S. bases, the military reluctantly faces its own #MeToo moment

    In 2019, the Defense Department’s annual report on sexual assault revealed there were 7,825 sexual assault reports involving service members as victims or subjects. This is a 3 percent increase over 2018. Also up by 17 percent, with 2,126 reports, was the number of victims who confidentially disclosed an assault without pursuing an official investigation.

  • NBA sees seven of the eight first-round matchups set

    The NBA playoff bracket is nearly set. In the Western Conference: Houston and Oklahoma City will meet in the first round, meaning Rockets guard Russell Westbrook and Thunder guard Chris Paul get the chance to face their former teams. “It’ll be interesting,” Paul said.

  • Trump's younger brother, Robert, is hospitalized in New York

    President Donald Trump's younger brother, Robert Trump, has been hospitalized in New York. The president is expected to visit his 72-year-old brother at a hospital in Manhattan on Friday, according to White House spokesman Judd Deere. Trump was already scheduled to visit his property in Bedminster, New Jersey, on Friday.

  • Iowans grapple with aftermath of Monday's deadly derecho, 'a disaster that we have never seen'

    The National Guard arrived in Cedar Rapids on Friday to assist residents there after Monday's deadly derecho storm that was like a hurricane

  • State police exit Portland after 2 weeks of protest duty

    Oregon State Police are leaving Portland after a two-week assignment to help protect a federal courthouse that’s been a target of protesters during months of conflict in Oregon’s largest city. The state police are “continually reassessing our resources and the needs of our partner agencies and at this time we are inclined to move those resources back to counties where prosecution of criminal conduct is still a priority,” Capt. Timothy R. Fox told television stations. “Last night was our last night in Portland.”

  • Postal service seen hauling mailboxes away in trucks as Trump's pick to lead USPS makes controversial changes before election

    New reports of US Postal Service workers hauling away mailboxes in flatbed trucks and locking shut convenient drop slots have caused widespread concerns among Oregon residents about mail-in voting during the presidential election in November.Photos that spread across social media in recent weeks showed truck beds stacked with dropbox mailboxes — large, blue Postal Service boxes in which mail can be dropped off on the side of the road without having to visit a Post Office.

  • A 3rd body cam video from George Floyd's fatal arrest shows a crowd of shocked bystanders demanding officers to check his pulse

    The new body cam footage was taken from ex-officer Tou Thao, who held back a crowd of horrified bystanders while his colleagues restrained Floyd.

  • Kelly Ripa and Mark Consuelos admit that they parent their daughter Lola differently than their 2 sons

    The talk show host and the actor have been married for 24 years and share three children: Michael, 23, Lola, 19, and Joaquin, 17.

  • Oregon State Police Withdraws from Portland Courthouse after D.A. Announces He Won’t Prosecute Most Rioters

    Oregon state police are backing out of an agreement to protect the Portland federal courthouse from rioters, after the Multnomah County district attorney announced he will not prosecute most rioters who are arrested.Portland has seen riots almost every night since the May death of George Floyd, an African American man killed during his arrest by Minneapolis police officers. Rioters initially targeted the federal courthouse in the city, but after federal and state law enforcement came to an agreement to jointly protect the courthouse, rioters moved on to attack city police.Multnomah County D.A. Mike Schmidt announced on Tuesday that his office would not prosecute most rioters who have been arrested, except where charges include deliberate property damage, theft, or threat of violence. Police have arrested over 500 people since the riots began, but less than 50 have been prosecuted so far.Oregon state police told KOIN 6 on Thursday that they are ending their deployment at Portland's federal courthouse because of anger over Schmidt's decision after being called in to assist as part of the agreement reached between local authorities and the federal government.“The Oregon State Police is continually reassessing our resources and the needs of our partner agencies and at this time we are inclined to move those resources back to counties where prosecution of criminal conduct is still a priority," OSP said in a statement.Governor Kate Brown said the withdrawal was being coordinated between all relevant agencies."This transition was made in coordination with local and federal officials," Brown wrote on Twitter. "If further state support is needed in Portland, OSP troopers will be available to return to the city.""The OSP Troopers assigned to this event demonstrated the best traditions of the agency's commitment to service, however, our initial commitment to the City of Portland has concluded and it is time we integrate this valuable resource back to their respective communities," OSP said in a statement to National Review. "OSP will always be here for Portland, as we have for decades and I'll continue to assess subsequent resource demands with the Portland Police Bureau Chief, whom I have a great deal of respect for and a strong working relationship."

  • Trump has dealt seniors, who represent 23% of registered voters, 2 devastating blows in a matter of days

    President Donald Trump promised to scrap the payroll tax if he's reelected. That tax funds Social Security and Medicaid, which older people rely on.

  • Bolsonaro calls surge in Amazon fires a 'lie'

    These man-made fires in the Amazon were caught on video by Reuters video journalists as they were lit, the same day Brazilian President Jair Bolsonaro blasted the surge in fires as quote "lies." His comments come just over one year after he called devastating Amazonian wildfires last August the retaliatory work of non-governmental organizations after he cut their funding, without providing evidence. Fires in Brazil's Amazon for the month of August hit a nine-year high in 2019 and this month so far looks even worse. More than 10,000 fires have been recorded in the first 10 days of August, up 17% from the same period a year ago, according to data from the country's national space research agency. Experts say fires are not a natural phenomenon in the rainforest, but are usually man-made in order to clear land for pasture. Reuters spoke with one of those farmers clearing brush for pasture, who wished to remain anonymous. He said it's not his intention to do harm, but it's a necessary step to make a living. "We don't want fire to enter the part of the forest we have - because, how many lives are inside there? So, we don't want to destroy any lives. We're simply making a little clearing to be able to plant some fruit and some grass to raise cattle." Bolsonaro has dispatched the military to fight fires and deforestation since May, with the armed forces working with an environmental agency to combat fires near Apui, where the fires were seen burning by Reuters.. "Our commitment towards fighting fires and deforestation is strong. As you can see, in July of this year when taking into account July of last year, we recorded a 28% decrease in deforestation or burning in the region. But, even then, we are criticized. At the end of the day, Brazil is a powerhouse in agribusiness. We have threats against us all the time and unfortunately a few Brazilians are working against us on this issue in the Amazon." Foreign pressure is mounting on Brazil to protect the world's largest rainforest, an ecosystem vital to preserving climate change because of the vast amount of carbon dioxide that it absorbs. Activists want to avoid a repeat of the devastating fires that occurred last year.

  • ‘Ridiculous amount’ of drugs seized in biggest-ever heroin bust in Georgia, feds say

    An Atlanta man has been indicted, and authorities say more arrests are likely.

  • Trump's brother Robert Trump 'very ill' in the hospital and the president will visit him

    White House press secretary Kayleigh McEnany said Trump has a "very good relationship" with his younger brother.

  • 'Unsurprising, but no less abhorrent': Reaction to Trump's comments about Sen. Harris' eligibility to be VP

    Lawmakers and pundits Thursday criticized President Donald Trump over the baseless Harris conspiracy.

  • Postal workers are sounding the alarm as mail sorting machines are removed from processing facilities

    It's not just business as usual at the United States Postal Service.While President Trump is publicly saying he plans to block funding for the USPS so that Democrats can't achieve their goal of expanding mail-in voting across all states ahead of the November election, the Postal Service is also facing some internal changes.Vice News' Motherboard reported Thursday that USPS is quietly removing mail sorting machines — the very machines that are responsible for sorting ballots. There's no official explanation for the changes, and it's unclear why the machines would be removed rather than simply not used when not needed. The removals and planned removals are reportedly affecting several processing facilities across the U.S."It'll force the mail to be worked by human hands in sorting. Guarantees to STOP productivity," a Post Office source told The Washington Post's Jacqueline Alemany. "On top of cutting the overtime needed to run the machines, can you imagine the [overtime] needed to do this [the] old hard way?"Postal workers say equipment is often moved around or replaced, but not usually at such a rate, and not in such a way that would affect workers' ability to quickly process large quantities of mail. Local union officials have no idea what's going on. "I'm not sure you're going to find an answer for why," one union president told Vice, "because we haven't figured that out either."A USPS spokesperson said the move is routine. "Package volume is up, but mail volume continues to decline," said the spokesperson. "Adapting our processing infrastructure to the current volumes will ensure more efficient, cost effective operations." Since there is an expected influx of mail as Americans begin sending in ballots, postal workers urged voters not to wait until the last moment to avoid overwhelming the dwindling number of sorting machines. Read more at Vice News.More stories from theweek.com Are bread riots coming to America? Democrats call on top DHS officials to 'resign in disgrace' after watchdog says their appointments were invalid Biden maintains a steady lead over Trump, and a new Pew poll hints at the secret of his success

  • Cops’ helicopter got too close — so Georgia man shot it, feds say. He’s going to prison

    Terry Kielisch reportedly told investigators “he didn’t like it flying near his home.”

  • From ‘golden showers in a sex club’ to tax fraud: Michael Cohen releases explosive foreword to Trump book

    Michael Cohen, Donald Trump's former personal attorney, has released a foreword to his new book in which he calls the president "a fraud, a bully, a racist, a predator, a con man," and again accuses him of cheating in the 2016 presidential election.Cohen also makes reference to "golden showers in a sex club in Vegas," without specifically stating that the Mr Trump took part in such acts, and "catch and kill conspiracies to silence Trump's clandestine lovers."

  • Top two Democrats in Congress call on U.S. postmaster general to reverse course: statement

    The top two Democrats in Congress called on Postmaster General Louis DeJoy on Friday to reverse postal service changes they say have led to mail delays. "Postmaster General DeJoy must quickly reverse his operational changes that have led to delays and service reductions for too many Americans and threaten to undermine our democracy," House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer said in a statement. DeJoy, who has donated $2.7 million to Trump and his fellow Republicans since 2017, in July ordered operational changes and a clampdown on overtime in a bid to fix the financially troubled service.

  • Chrissy Teigen's baby bump confirms she and John Legend are expecting

    John Legend's new music video for "Wild" came with a surprise: He and wife Chrissy Teigen are having a third child. Teigen later confirmed the news.

  • Amazon CEO Jeff Bezos and his girlfriend, Lauren Sanchez, have weathered a tabloid scandal, a lawsuit, and maybe even interference from a foreign government. Here's where their relationship began and everything that's happened since.

    It's been an eventful year and a half for Amazon CEO Jeff Bezos and his girlfriend, TV host and helicopter pilot Lauren Sanchez.

  • Watch Trump react when a reporter asks if he regrets 'all the lying you've done to the American people' over the past 3 1/2 years

    "After three and a half years, do you regret, at all, all the lying you've done to the American people on everything, all the dishonesties?"

  • Watch live: Trump holds press conference before leaving for N.Y. and N.J.

    The president continues to blast mail-in voting.

  • Kelly Ripa's daughter Lola calls 'thirst trap' photos of dad Mark Consuelos 'disgusting': 'I blocked that out of my mind'

    The 19-year-old rising sophomore at New York University prefers not to think about the photos her mom shares of Mark Consuelos on Instagram.

  • Fox News goes on shark patrol with police off coast of Long Island, NY

    Laura Ingle joins the Nassau County Police Marine Bureau patrol as they go on offense in response to an increase in shark sightings.

  • Motorcyclist survives violent bison attack in South Dakota

    A motorcyclist has survived a violent attack by a bison in the Black Hills of South Dakota, sheriff's officials said. A bystander's video shows several bikers had stopped while a herd of bison crossed a road in Custer State Park on Wednesday. A 54-year-old Iowa woman got off the motorcycle on which she was a passenger and approached a bison calf, the Custer County Sheriff’s Office said.

  • For a father-daughter pair who've built a tradition around riding, going to the Sturgis Motorcycle Rally is sacred and worth the risk, even during the pandemic

    Mercedes Raya was 19 when she and her father first made the 2-week trip to Sturgis. Now 35, the trek is a can't-miss event during a pandemic.

  • Fox Host makes ominous prediction about Joe Biden then immediately tries to walk it back

    Fox News host Jeanine Pirro suggested Wednesday night that "something" was going to happen to presumptive Democratic presidential candidate Joe Biden that would keep him from appearing on the ballot come November.Her comment during an appearance on "The Five" as she was answering a question about a recent poll from right-wing outlet Rasmussen that claimed more than half of its respondents didn't believe Mr Biden would survive his first term in office.

  • I used to be critical of Kamala Harris. Now I am going to defend her at every turn

    While the announcement caught very few of us by surprise, a jolt of excitement was inserted into this election. And rightly soThe historic announcement of Kamala Harris as Joe Biden’s VP pick is another reminder that multiple things can be true at the same time. Harris is undeniably brilliant, has recently introduced bills that would specifically improve the quality of live for Black Americans, and by all accounts she is superior in every way imaginable to the current president. In fact, adding her to the ticket has made me far more enthusiastic about this race than I was even days before the announcement.Throughout this campaign, Biden has said things that made me question his understanding of the Black community, let alone his commitment to fight against social inequality. And yet, here we are, squarely seated in that space where many truths exist at once. Does Biden give me pause? Oh, absolutely. Do I believe he will be a better leader than Trump? Without a shadow of a doubt. But is that the bar? Are millions of Americans expected to capitulate to such a defeating standard from our future leaders?> While I wholeheartedly still believe in the power of voting, I’m now more committed to what I call zoning inThat question lingered in the air of every political conversation I had with my peers over the past few months. Yet with the announcement that caught very few of us by surprise, a jolt of excitement was inserted back into this election. Rightfully so. While lots of articles will focus on the historical weight of this moment, we cannot ignore that Harris isn’t just representation. She is a viable force who has the skills to be the vice-president of the United States. This will undoubtedly bring out more support for the ticket. However, here we are again, still parked at that intersection and carefully holding space for multiple facts to exist at the same time.What does this selection mean for those of us who had fair criticism of Harris when she was running for president? How do we even express this concern knowing that our policy-based questions could be conflated with the sea of misogynoir she will surely face? If Hillary Clinton faced an insane amount of hatred and sexism, what does this mean for Harris in a country where we are still fighting to declare that Black lives actually matter?I was one of the people who publicly expressed concern about Harris during her presidential campaign. A few key things have changed since then. She impressed me with her actions, and I’m hoping that this apparent pivot is what voters can expect of her. Yet more importantly than her recent actions, my politics have changed.While I wholeheartedly still believe in the power of voting, I’m now more committed to what I call zoning in. I’m narrowing the focus of my political efforts and treating voting as simply one tool for change. This change in my political view has caused me to emotionally divest more from a failing two-party system that often places its most vulnerable citizens in the position of choosing between how slowly we want to be metaphorically killed. This is my truth.Yet it is also true that I intend to vote for the Biden and Harris ticket because I believe they present a better chance at improving the lives of marginalized communities than this current administration. I will do this while increasing my efforts to organize on a local level and use every weapon at my disposal to fight for a path for justice that isn’t predicated on me choosing between the “lesser of two evils”. Simultaneously, while Harris starts to fight like hell to re-energize the Democratic base, I’ll use my position as a writer to push back on unfair attacks on her that are simply misogynoir masked as criticism. This nomination almost guarantees that valid criticism and utter hatred of Black women will be on full display, and we will have to quickly learn the difference and respond accordingly.For those currently expressing concern, I challenge you to sit with it a minute and consider if this concern was ever present for any of the other highly questionable candidates. I invite those with criticism to still express it and demand the best from Harris, but I will challenge them to interrogate the root of their angst. I intend to do the same. I’m going to stand with Harris and fight against sexist and racist attacks, celebrate with the Black women who are rejoicing in pride, while I simultaneously organize on a local level and strategize ways to help ensure my community gets more than just a false sense of hope from this ticket. All of this can happen at the same time. * Shanita Hubbard is an adjunct professor of criminal justice at Northampton Community College in Pennsylvania

  • Trump is promoting a racist 'birther' lie that Kamala Harris isn't eligible to be vice president because of her immigrant parents

    Harris, who is of Indian and Jamaican descent, was born in Oakland, California and is indisputably a US citizen.

  • Kamala Harris, Joe Biden's VP pick, comes from a family of lawyers and Stanford graduates. Meet the family.

    Kamala Harris' sister Maya, her niece Meena, and husband Douglas have been constantly by her side as she entered the race for the oval office.

  • I drank hot lemon water every morning for a month, and now I don't want to stop

    I committed to drinking a cup of hot lemon water every morning for a month and I think it benefited my skin, digestive system, and energy levels.

  • Mueller report: FBI lawyer 'altered email' to wiretap Trump aide

    The case will boost President Trump's view the special counsel's investigation was a "witch hunt".

More From Yahoo Finance Video

  • MARKETS: Gold wraps its worst week in 2 months, but YF Premium is bullish on Newmont (NEM)

    Yahoo Finance's Jared Blikre joins Akiko Fujita to break down the day's price action in stocks as well as a long in Newmont (NEM), a Yahoo Finance Premium Investment Idea. Not a subscriber? Start your free trial to join future webinars live!

  • Retail sales up 1.2% in July, 2.7% year-over year

    Although the number of coronavirus cases in the U.S. are still climbing, retail sales have seen a an increase of 1.2% in July and a 2.7% year-over year. The Final Round panel breaks down the details on what this means for the recovering U.S. economy.

  • Fears mount over future of Social Security: Survey

    Yahoo Finance’s Sibile Marcellus joins Kristin Myers to discuss AARP's recent survey, which shows that fears are growing about the future of Social Security.

  • Rent the Runway closes all retail stores

    On Friday, Rent the Runway announced that it would be closing all of its retail stores nationwide, in a shift to evolve their website and direct-to-consumer online purchases. Yahoo Finance’s The Final Round panel breaks down the details and discuss what’s next for the retail company.