The U.S. tariffs on Chinese products that kicked in on Friday are specifically targeted at high-tech goods, an attempt to crack down on alleged intellectual property theft. But they could end up raising the cost of products like e-cigarettes, e-bikes, and smart home devices that are overwhelmingly used by millennials, says Axios reporter Erica Pandey.
For the full segment, [click here.](https://cheddar.com/videos/how-tariffs-on-china-could-affect-u-s-millennials)
Bud Light's parent company expressed confidence Thursday that its U.S. market share has stabilized after a promotion with a transgender influencer cost it sales.
Earnings kicked off into high gear as Anheuser-Busch posted results on Thursday as Apple and Amazon are set to announce their financials later in the day.
Investors weren't jolted by the downgrade because they already know the fractured state of U.S. politics, the size of the country's public debt, and the challenges it faces to pay for Social Security, Medicare and other expenses.