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
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
"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 final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Bank of England Governor Mark Carney says trade war has a confidence effect on business around the worldMarketsread more
U.S. stock-index futures turned lower Tuesday after strong gains as the Russian ruble tumbled as the Bank of Russia said it would take further action to stabilize the country's markets after an unexpected interest-rates hike and oil furthered its fall to multi-year lows.
New-home construction in the U.S. topped a million on an annualized rate in November, while housing starts fell 1.6 percent and building permits declined 5.2 percent last month.
The ruble plunged after its worst session in 15 years on Monday. The Russian stock market followed suit, falling sharply.
Falling to lows not seen since the spring of 2009, crude futures for January delivery on Tuesday fell to a low of $53.72 a barrel, and were lately off $2.18, or 3.9 percent, to $53.73 a barrel.
Tuesday also brings the start of the two-day Federal Open Market Committee meeting, with many market watchers expecting the central bank to drop its pledge to hold interest rates low "for a considerable time".
Star bond fund manager Bill Gross said he anticipates economic growth in the U.S. to fall to 2 percent next year as a result of the decline in the oil price.
Gross said it would be "very difficult" for oil prices to stabilize, adding that he was watching the move in oil, "quite a bit."
"Oil determines currency movements; currency movements determine spread markets, risk markets, high yield markets, the potential for bankruptcy for not only companies but countries," Gross said in an exclusive interview with CNBC.