President Donald Trump issued an executive order slapping tariffs on many of America's trading partners but the new duties are set to go into effect in seven days.Trump also continues to face questions over his administration's handling of the Jeffrey Epstein files and his relationship with the accused sex trafficker.

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver a rate cut. The majority of members voted to leave the federal funds rate unchanged at 4.

President Donald Trump got some bad economic news Friday, and responded by shooting the messenger. Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring.

President Donald Trump on Friday fired a top Labor Department official on the heels of a market-shocking weak scorecard of the U.S. job market, accusing her without evidence of manipulating the figures and adding to already growing concerns about the quality of economic data published by the federal government.