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
In CNBC Conversation's latest episode, Carolin Roth sits down with U.S. Nobel prize-winning economist Joseph Stiglitz to discuss the state of the European economy, among other current global news stories.
"I think the two biggest risks (to the euro zone currently) are the Italian situation and that will depend in part on how the European Commission handles that," Stiglitz tells CNBC.
"The other one is Greece. Europe pretended that they solved the Greek crisis a year ago. But actually the Greek economy has continued to go down; the medicine that they gave was the wrong medicine and was more dosage of the medicine that had not worked, and the country continues to sink further and further down the depression gets worse and worse."
Aside from the economic state of Europe, Stiglitz also weighs in on the upcoming U.S. presidential election, telling CNBC that a Donald Trump presidency would be "a nightmare", while giving his thoughts on the European Commission's recent ruling on the Apple tax case.
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