Hong Kong confirms recession as protests and trade war continue Hong Kong confirmed on Friday it plunged into recession for the first time in a decade following months of anti-government protests and the U.S.-China trade war. More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.

Amazon to challenge Pentagon's Microsoft war cloud contract decision, citing 'unmistakable bias' E-commerce giant Amazon announced that it intends to challenge the Pentagon's decision to award its massive war cloud contract to the only other bidder in the procurement process — Microsoft. More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.

Stocks end mixed with trade deals in focus Despite the modest moves, U.S. stocks remain near or at record levels. More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.

WATCH LIVE: Fed Chair Powell testifies at Joint Economic Committee hearing Fed Chairman Jerome Powell testifies at Joint Economic Committee hearing on 'the economic outlook.' More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.

EXCLUSIVE: Trump adviser Peter Navarro cautions against believing China trade rumors "Everybody stop listening to the rumors," Peter Navarro, assistant to the president and director of trade and manufacturing policy, told FOX Business. "We are going to get a great deal. We are on a glide path to a phase one agreement." More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.

Disney, Apple help S&P close at record high for 100th time under Trump Disney and Apple kicked into high-gear Wednesday afternoon, sending the Dow Jones Industrial Average and S&P 500 to record highs. More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.

WATCH LIVE: Fed Chair Powell testifies at Joint Economic Committee hearing He's already signalled that December may not see a rate cut. More on this For more news, please go to FoxBusiness.com and watch Fox Business Channel.