Todays Markets

Bloomberg: Stocks Pressured on Fresh Trade Fears; Dollar Dips: Markets Wrap
U.S. stocks tumbled the most in a month as investors grappled with the latest American threats to expand tariffs on Chinese goods. The dollar slipped and emerging-market currencies declined. [more...]

Bloomberg: Coca-Cola Is Eyeing the Cannabis Market
Aurora Cannabis Inc. led pot stocks higher after Coca-Cola Co. said it’s eyeing the cannabis drinks market, becoming the latest beverage company to tap into surging demand for marijuana products as traditional sales slow. [more...]

Bloomberg: China’s Stocks Drop to Lowest Level in Nearly Four Years
China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, erasing the last traces of its recovery from a boom that turned into a $5 trillion bust. [more...]

Bloomberg: The Emerging Market Rout Is Nearing a Turning Point, Templeton Says
Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom though reckons there are still countries like the Philippines that will suffer. [more...]

Bloomberg: IBM Is Being Sued for Age Discrimination After Firing Thousands
A lawyer known for battling tech giants over the treatment of workers has set her sights on International Business Machines Corp. Shannon Liss-Riordan on Monday filed a class-action lawsuit in federal court in Manhattan on behalf of three former IBM employees who say the tech giant discriminated against them based on their age when it fired them. [more...]

Bloomberg: Trump Tariffs Set Stage for Drawn-Out Trade Battle With China
President Donald Trump’s decision to elevate his trade war with China to new heights sets the stage for a more prolonged battle between the world’s two largest economies. [more...]

Bloomberg: Trump Ramps Up Tariff Pressure With $200 Billion China Hit
The Trump administration will impose a 10 percent tariff on about $200 billion in Chinese goods next week and more than double the rate in 2019, deepening what’s shaping up to be a prolonged trade war between the world’s two biggest economies. [more...]

Bloomberg: Money Markets Signal Surprise S. Africa Rate Hike as Rand Falls
South Africa’s battered rand may receive an unexpected boost from the central bank this week, if money-market rates are anything to go by. While only three out of 19 economists in a Bloomberg survey are predicting a South African Reserve Bank rate increase on Thursday, traders have been adding bets on a surprise hike. [more...]

Reuters: Trump hits China with fresh tariffs, threatens more if Beijing retaliates
U.S. President Donald Trump escalated his trade war with Beijing, imposing 10 percent tariffs on about $200 billion worth of imports in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations. [more...]

Reuters: Canada's Freeland returning to Washington for NAFTA talks as time runs short
Canadian Foreign Minister Chrystia Freeland on Monday said she would return to Washington, this week for fresh talks on NAFTA as time is running very short to meet a U.S. demand for a deal by October 1. [more...]

CNBC: A.I. has a bias problem that needs to be fixed: World Economic Forum
Artificial intelligence has a bias problem and the way to fix it is by making the tech industry in the West "much more diverse", according to the head of AI and machine learning at the World Economic Forum. [more...]

CNBC: China says U.S. unilateralism, protectionism will hurt global economy
China's commerce minister told representatives of foreign firms on Monday that the United States' unilateralism and protectionism will impact both U.S. and China's interests and hurt the global economy. [more...]