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
CNBC's Jim Cramer said Wednesday the economy is better than the recently embattled stock market reflects.
"I think you're being faked out" by tanking U.S. equities, Cramer said on "Squawk on the Street, " pointing to relatively solid corporate earnings and signals in the U.S. economy that growth can withstand drag from the U.S.-China trade war.
The Dow Jones Industrial Average opened more than 300 points lower Wednesday, a day after breaking a five-day losing streak. Stocks quickly accelerated those losses as money poured into the perceived safety of bonds, which on Wednesday pushed the yield on the benchmark 10-year Treasury note, used to set mortgages and auto loans, down to October 2016 lows around 1.6%.
"It's very easy to take our cue from a false cue," Cramer added, warning investors not to move too quickly when markets are in turmoil. "We have to figure it out."
This week's stock sell-off started Monday, sparked by concerns about the impact on global economic growth from the escalating trade dispute between Washington and Beijing.
The "Mad Money " host said Wednesday that everybody needs to "dial back the rhetoric" and to look at the "reality of the companies that are reporting" solid earnings.
Cramer made similar points earlier on "Squawk Box, " saying the economy still looks solid based on housing. It's true, he said, that there are "whippy capital flows" but also opportunities to buy stocks without much China exposure.
"We can sit here and create a fire or we can put one out," he added. "I'm going to opt for the latter."