Earlier Friday, Trump tweeted that American companies "are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and...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 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
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
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread more
Lowe's is vying for a category of customer that Home Depot has traditionally dominated — the professional contractor.Retailread more
Financial stocks in the have taken a beating this year, performing the worst out of 10 S&P macro sectors. But the drop provides a window to snatch up financial stocks at cheap prices, an analyst said on Thursday.
"We'd use this selloff as an opportunity to really pick up a number of highest-quality businesses at great prices," David Katz, president and chief investment officer of Matrix Asset Advisors, said in an interview on CNBC's "Street Signs. "
The sector has shed about 3.5 percent in 2015. Katz believes the Federal Reserve will raise interest rates this year, which bodes well for banks.
Read MoreCentral bank surprises: Who's next?
He also argued that many banks boast strong fundamentals, despite their price drops. Matrix has kept an eye on big banks like JPMorgan Chase and Wells Fargo. Katz also cited Charles Schwab and Metlife as plays on expectations for rising interest rates.
"We think you're getting better fundamentals and you're getting great stock prices," Katz said.
Another struggling sector may not emerge from the woods any time soon, however, an expert said on Thursday. Crude oil, which has seen a volatile stretch in recent trading sessions, shows signs of a short-term drop, said Kyle Cooper, director of research at IAF Advisors, told "Street Signs."
WTI crude jumped about 4 percent on Thursday to settle above $50 a barrel. Cooper believes contango, where the oil futures prices is higher than the spot price, will drive hoarding of oil supplies and and increase inventories.
More likely than not, oil will fall to new lows, Cooper argued.