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
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread 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
The market for initial public offerings is "starting to catch fire again," Art Cashin, director of floor operations at UBS Financial Services, said on Friday, just as two hot tech IPOs were about to begin trading.
Twitter's planned offering as a backdrop has "everyone interested," Cashin said in a "Squawk on the Street " interview. "We're beginning to bubble up," but not quite like the dotcom bust of the 1990s.
"You are beginning to see some chasing of return" by investors and it's "getting aggressive," Cashin explained. "Where interest rates go will make you re-value things. So 'fully-priced' is a word that I'm beginning hear more and more around."
Following the Federal Reserve's decision not to begin tapering its massive bond-buying program, Warren Buffett told CNBC Thursday that stocks were basically "fairly-priced," while fellow billionaire investor Carl Icahn called the market "fully-valued."
As for the close of trading on Friday, it should be a "very exciting and possibly a tense final 10 minutes," Cashin said, because of the "quadruple witching" expirations of stock index futures, stock index options, stock options, and single stock futures.
"We're certainly going to see whopping volume. I don't know if we'll see a record, but we may come reasonably close," he predicted.
(Read more: CNBC explains quadruple witching)