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
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
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
Brazil and Argentina may be seeing similar upswings in their respective stock markets this year, but Morgan Stanley Investment Management Head of Emerging Markets Ruchir Sharma says that Brazil represents an "ugly" investment.
"The 100-year history of Brazil is that Brazil goes up for one decade when commodity prices go up, and then Brazil relapses, and I just find it very difficult for Brazil to sustain any economic growth rate," Sharma told CNBC's "Power Lunch " Thursday while discussing his book "The Rise and Fall of Nations."
On the other hand, he said Argentina represents a "good" investment given recent "path breaking" reforms and the fact that it is coming from a lower base.
"Argentina is seeing a very meaningful turnaround take place under a new leadership," Sharma said.
Sharma was speaking specifically about a section of his book called "The Good, The Average, and The Ugly" about the best countries to invest in around the world. Countries like the U.S. and Germany were in the good category, while the ugly category included China and Russia.
However, Sharma did not fit every country neatly into a category. He said Japan ranked between average and ugly given its demographic troubles.
"Demographics is one of those very under-appreciated factors behind economic growth," Sharma said."Its working-age population is in fact contracting."