Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
Depending on who you talk to, the unprecedented actions by the Federal Reserve in the wake of the 2008 financial crisis either saved the investment world or put it on the road to ruin.
As with most things, reality may lie somewhere in the middle.
"I think the Fed did a great job putting out the fire in 2007, 2008," former Treasury undersecretary Peter Fisher said on CNBC's "Squawk Box " Monday.
"[But] the Fed was playing with matches in 2003, 2004, 2005" by not raising interest rates quickly enough, he said—arguing the central bank is doing it again with its current accommodative monetary policies.
(Read More: Will Syria keep Larry Summers out of the Fed?)
Former Deputy Treasury Secretary Neal Wolin disagreed with Fisher, who's also a former executive vice president of the New York Fed.
"The idea that the Fed was on the wrong path and that the things it's undertaken to do during this period from 2008 until the present is anything other than critical—not just to our economy and the global economy—I think, is a big mistake," Wolin explained.
It's been nearly five years since Lehman Brothers filed for bankruptcy on September 15, 2008, but the debate still rages over what caused the financial crisis in the first place, why it cut so deeply into the U.S. economy, and why its effects still linger today.
(Flashback special report: The Fall of Leman Brothers)
The issues surrounding the Fed's moves since the crisis and whether the central bank's current policies are setting the stage for the next bubble are the basis of a new movie called "Money for Nothing, " which is described as an independent, non-partisan documentary.
Fisher, now senior director at BlackRock Investment Institute, was among the "Who's Who" list of former and current Fed officials, economists, historians, and investors and traders interviewed for the film.
"When you push rates down this low, you get a zero, risk-free rate for three or four years, you know something is going to go wrong," Fisher argued, while questioning the benefits of the Fed's massive bond-buying program, known as quantitative easing.
Many economists believe central bank policymakers will be pulling back on that stimulus lever later this month by tapering the Fed's monthly $85 billion bond purchases.