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
The will continue to strength due to a strong U.S. economy and the Federal Reserve leaning toward contractionary policy, Dennis Gartman told CNBC on Wednesday.
According to Gartman, it is abundantly clear the Fed is going to "err upon the side of being less expansionary," unlike other central banks.
"The ECB and Bank of Japan have no choice but to continue their protracted experiments and quantitative easing," the founder and editor of The Gartman Letter said on "Squawk Box. "
"Money is going to find its way to the Untied States or to dollars, Canada, Australia, New Zealand ... the safer harbors as it is fearfully leaving places else," he said.
On Tuesday, the U.S. dollar rose broadly after comments from Philadelphia Fed President Patrick Harker and Cleveland Fed President Loretta Mester who said the Fed could raise rates in March.
The Fed is expected to release at 2 p.m. ET on Wednesday the minutes from its Jan. 31-Feb. 1 meeting. Traders aren't expecting much reaction to what should be relatively old news from the U.S. central bank.
Gartman also said Wednesday that he was bullish on oil for the first time, saying three occurrences peaked his interest.
"The first thing one learns in the business of commodities is something that should be fundamentally going down when inventories are extraordinarily high should be pushing crude oil prices down, and they're not," he said.
He continued: "Secondly, I watch what's known as the term structure. What is the front month doing against the second? What is the front month doing against the one year back?"
OPEC and non-OPEC producers have also been doing a good job of sticking to their supposed reduction in output, he said.
As for gold, Gartman said he is very bullish for the precious metal in euro and yen terms.
"Why would I wish to own gold in dollar terms ... when I can use cheaper devaluing currencies — the euro and the yen — to do the same thing?" he said.