Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Despite the stock market sell-off this week, J.P. Morgan Chase CEO Jamie Dimon predicts the Federal Reserve will likely still raise interest rates in December.
"The fact is, it's a strong economy and normalizing rates is a good thing — they will do December," Dimon said in an interview with CNBC's Becky Quick Thursday.
Dimon, who was in Washington at the Business Roundtable's CEO Innovation Summit, said the central bank will "stay on course."
"The world will be much happier if America's growing and rates go up a little bit than if we have a recession and rates go down," Dimon said. "It's better for the world."
While some investors are less optimistic on areas like mortgages and auto sales, Dimon said those areas are "humming along" and that any weakness there would have a minor total effect on the U.S. economy.
At their latest meeting, Fed officials teed up a December rate hike. But also signaled some hesitation about how trade tensions and corporate debt could impact growth.
Minutes released Thursday from the November meeting of the Federal Open Market Committee, which sets interest rates, pointed toward the strong likelihood of another quarter-point adjustment in the central bank's benchmark rate target in December.
Amid the latest round of market turmoil this week, the market lowered the probability of an interest rate hike when the central bank's policymaking body meets this month. Futures markets Thursday pointed to a 68 percent probability of an increase before 2018 ends, the lowest chance since late August. Markets also reduced the chances of future increases.
— CNBC's Jeff Cox contributed to this report.