Conservative billionaire David Koch, who became a household name through the policy and political empire he created with his older brother, Charles, has died. He was 79.

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Some Democratic voters are looking for a candidate who can restore the optimism of the Obama era.

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China on Friday unveiled tariffs on another $75 billion worth of US goods, the latest escalation in the trade war between the two countries. The additional tariffs of 5% or 10% will be levied on 5,078 products, including soybeans, coffee, whiskey, seafood and crude oil.

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Federal Reserve chairman Jerome Powell on Friday acknowledged that the economy has grown more turbulent in the three weeks since the Fed cut rates for the first time in a decade -- but stopped short of giving any indication about what might be coming at the next rate-setting meeting in September.

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Wells Fargo is paying the Navajo Nation $6.5 million to settle allegations the bank preyed on the Native American tribe by using shady sales tactics.

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CNN's John Defterios says that China's new tariffs on $75 billion of US goods shows that Beijing is not going to show any flexibility in the trade war with the US and will go "toe-to-toe" with President Donald Trump.

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While the wildfires raging in the Amazon rainforest may constitute an "international crisis," they are hardly an accident.

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Trump immigration official Ken Cuccinelli is defending the Trump administration's proposed changes to the Flores settlement agreement that would allow undocumented families to be detained together indefinitely, saying the new proposal is meant to deter migrants from wanting to cross the US-Mexico border.

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