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 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 death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread 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
Epstein, a former friend of Presidents Donald Trump and Bill Clinton, was arrested by FBI agents in New Jersey in early July as he stepped off his private plane, which had...Politicsread more
Lowe's is vying for a category of customer that Home Depot has traditionally dominated — the professional contractor.Retailread more
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
India has the "best growth story" among global emerging markets, said J.P. Morgan's head of equity research for Asia excluding Japan, as he pointed to relatively stable oil prices and positive earnings projections for the country.
That comes as Goldman Sachs also became more bullish on India, raising its rating on Indian stocks to "overweight" in a Monday report, an indication that it expects a stock or index to outperform its peers.
Speaking to CNBC on Tuesday, J.P. Morgan's James Sullivan predicted that oil prices will stay "relatively stable" at around $60 to $65 per barrel.
Oil is key to India, a net importer of crude, as higher prices lead to a higher import bill and a widening current account deficit — a measure of the flow of goods, services and investments in and out of the country.
Sullivan was optimistic on India's overall growth. He said that markets are projecting India's earnings growth at around 20 percent, while J.P. Morgan is expecting it to be slightly lower, at about 15 percent
"That's really the best growth story we've got among global emerging markets," Sullivan added.
The critical factor will be India's general elections, set to take place over April and May, said Sullivan. However, he said that markets have performed quite strongly even amid rather "volatile" elections in the past.
In raising its rating on Indian stocks, Goldman Sachs said that foreign investors are coming back amid expectations of a more stable government and earnings growth.
"We raise it back to 'overweight' given sharp underperformance in January/February, better Q3FY19 earnings and a pick-up in (foreign institutional investors) positioning from lows amid rising market expectations of a potentially stable government," it said in a report dated March 18.
India's benchmark index Nifty 50 has shot up 8 percent in the past month, according to Goldman, and the investment bank expects earnings to grow 16 percent this year. Goldman expects the Nifty50 index to reach 12,500 in 12 months — that's nearly 9 percent higher than its last close on Monday.
— CNBC TV18 contributed to this report.