Alina Selyukh

The stock market soared Tuesday on news that the Trump administration is postponing some tariffs on Chinese imports this fall, sparing popular consumer items such as cellphones and laptops until after the Christmas shopping season. It's only a partial reprieve, though. Other Chinese imports will still be hit with a 10% tariff on Sept. 1, as scheduled. The administration reportedly was guided by which products could most easily be obtained outside China. But there were still some head-scratchers on the tariff lists.

The Pentagon is hitting pause on a massive, first-of-its-kind cloud computing contract after President Trump cited critics' accusations of favoritism toward Amazon.

Mark Esper, the new defense secretary, is re-examining the project just weeks before the winner was expected to be announced. Amazon and Microsoft are the finalists for the contract, which is worth as much as $10 billion and will be as long as 10 years. The project is called JEDI, for Joint Enterprise Defense Infrastructure.

Updated at 6:43 p.m. ET

The Justice Department says it's launching a wide-ranging antitrust review of big tech companies. The DOJ didn't name specific firms in its announcement Tuesday but said its inquiry will consider concerns raised about "search, social media, and some retail services online."

It's a case of animal versus vegetable — and the steaks are high.

A growing number of states have been passing laws saying that only foods made of animal flesh should be allowed to carry labels like "meat," "sausage," "jerky," "burger" or "hot dog."

Updated at 3:07 p.m. ET

Does Amazon hurt competition by exploiting data from other sellers in its marketplace? The European Union has opened a formal antitrust investigation into the giant online retailer to answer that question.

Raising the federal minimum wage to $15 an hour by 2025 would increase the pay of at least 17 million people, but also put 1.3 million Americans out of work, according to a study by the Congressional Budget Office released on Monday.

The increased federal minimum could also raise the wages of another 10 million workers and lift 1.3 million Americans out of poverty, according to the nonpartisan CBO. The current federal minimum wage is $7.25 and last increased a decade ago.

Updated at 11:04 a.m. ET

For Douglas Clark, the darkest part of working for Nike in the 1980s was watching American shoe manufacturing "evaporate" in the Northeast in a mass exodus to Asia in pursuit of cheaper labor.

"As a true Yankee — and my father was a Colonial historian — you know, it was heartbreaking," he said.

Updated at 5:36 p.m. ET

Target's cash registers are functioning again after stores nationwide were hobbled by a computer crash.

"After an initial but thorough review, we can confirm that this was not a data breach or security-related issue, and no guest information was compromised at any time," Target announced. "We appreciate all of our store team members who worked quickly to assist guests and thank everyone involved for their patience."

For years, a record number of Chinese tourists have flocked to U.S. attractions like Hollywood, Capitol Hill and the Grand Canyon. But their numbers are now falling.

The strong dollar has made U.S. travel more expensive and tourism to the U.S. has matured — just as trade and political tensions have grown between the countries.

In Hawaii, the number of Chinese visitors dropped by a quarter in April and by more than 23% through the first four months of 2019, compared to the same time last year, according to the islands' tourism office.