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
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
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
Facebook users went through a "rigorous consent flow" before participating in its market research program, Chief Operating Officer Sheryl Sandberg told CNBC.
Apple on Wednesday revoked some Facebook developer privileges after TechCrunch reported that the social media giant paid some users to download an app that enabled the company to track user behavior on their mobile devices, including private messages.
"The important thing is that the people involved in that research project knew they were involved and consented," Sandberg said in an interview with CNBC's Julia Boorstin after Apple's action.
Sandberg emphasized that Facebook made the project "very clear" to participants and compensated them for their participation.
A Facebook spokesperson told CNBC earlier, "Key facts about this market research program are being ignored. Despite early reports, there was nothing 'secret' about this; it was literally called the Facebook Research App. It wasn't 'spying' as all of the people who signed up to participate went through a clear on-boarding process asking for their permission and were paid to participate. Finally, less than 5 percent of the people who chose to participate in this market research program were teens. All of them with signed parental consent forms."
Sandberg's comments came after Facebook posted a record fourth-quarter profit, sending the stock more than 11 percent higher in after-hours trading. The social media company also reported growth in daily and monthly active users.
Facebook delivered those results despite continued bad publicity about the company's privacy practices, which had contributed to a more than 19 percent decline in its stock over the past year.