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Stocks, Bond Yields Fall Sharply on Trade Tensions - WSJ

The Dow closed 623 points lower after China said it would impose retaliatory tariffs and President Trump vowed to respond. Treasury yields also sank, as did commodities markets that are sensitive to the two countries’ trade battle.
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Trump to square off in court with House Democrats over financial records - Reuters

U.S. President Donald Trump is expected to ask a federal judge on Friday to block Deutsche Bank AG and Capital One Financial Corp from handing the financial records of the Trump family and Trump Organization to Democratic lawmakers.
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Daily Briefing: The wait for Jackson Hole is almost over - Reuters

Markets have waited all week for Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole, and today is the day - he speaks at 1400 GMT.
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Pakistan Put On Enhanced Blacklist By Terror Watchdog FATF's Sub-Group

Pakistan has been put in an "enhanced blacklist" by global financial watchdog Financial Action Task Force's Asia-Pacific division for its failure to meet global standards, officials said on Friday. Islamabad now needs to focus on avoiding the blacklist ....