Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
The country's Revolutionary Guards say they will soon releasePoliticsread more
The U.S. stock market should move higher from near-record current levels, says the co-founder of the world's largest money manager.Marketsread more
Market researcher James Bianco believes it's crucial to get a half point cut at the next Federal Reserve meeting.Trading Nationread more
One of Tesla's Wall Street skeptics now sees it headed to a nearly profitable second-quarter earnings report.Investingread more
Here are the biggest calls on Wall Street on FridayInvestingread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
The world's largest asset manager missed profit estimates, as investment advisory and securities lending revenue fell and costs rose.Financeread more
If you are contemplating a semiconductor stock, think Micron, say Piper Jaffray's Craig Johnson and Joule Financial's Quint Tatro.Trading Nationread more
The stock market acted like a "spoiled" child having a "tantrum" this week, fearing a Federal Reserve rate hike after years of easy policy, a financial advisor said Friday.
"It's been getting everything it wants," Ken Mahoney, president of Mahoney Asset Management told CNBC's "Closing Bell. "
The three major U.S. indexes fell Friday as the dollar gained against a basket of global currencies and oil dropped. Investors also eyed the U.S. central bank's policy meeting set for next week, wary of a Fed indication that it could tighten monetary policy in the coming months.
Mahoney believes the U.S. economy can "withstand" higher rates. Joe Heider, president of Cirrus Wealth Management, agreed, adding that the Fed should "set the stage" for a return to normalized rates.
The surging U.S. dollar, though, increases uncertainty for the Fed and broader markets moving forward, said David Darst, an independent investment consultant, on "Closing Bell." The U.S. dollar index, which measures the greenback against a range of global currencies, climbed more than half a percent, closing above 100 for the first time since April 2003.
The Fed faces a difficult decision in raising rates as the dollar strengthens, Darst said. He added that central banks have incited a "global competition" in currency and interest rates.
Global economic conditions, he added, have left three main areas where he would stay: Apple, Japan and Europe.
A strong dollar could sit in the back of investors' heads for years, said Kathy Jones, chief fixed income strategist at Charles Schwab.
"We think it could be a multiyear bull market for the dollar," Jones told "Closing Bell."
She added that the currency's strength, combined with sluggish wage growth, could hold back the Fed's tightening decision. Jones does not "know what the hurry is" to raise rates, she said.