The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
See which stocks are posting big moves after the bell on July 22.Market Insiderread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
The deal could be announced as soon as next week, according to the report.Technologyread more
President Donald Trump held "constructive" discussions on a range of economic issues including trade and national security issues.Technologyread more
Former NFL offensive lineman Jeff Hatch, who had previously been candid about his own struggles with opioid addiction and substance abuse, pleaded guilty Friday to a drug...Politicsread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
George Soros has softened his tone on the Brexit fallout.
In a Project Syndicate op-ed Friday, the billionaire investor wrote that Britain's break from the European Union could "build momentum for a stronger and better Europe" despite the immediate financial drawbacks.
That op-ed takes a more optimistic tone than another opinion piece he penned before the vote, which said that a departure from the political and economic bloc would leave "most voters considerably poorer."
Late last month, the U.K. voted to leave the EU, shocking global financial markets and sending the pound into a tailspin. The timing of its departure and future relationship with Europe still need to be decided.
In the Friday op-ed, Soros wrote that the financial mayhem following the referendum "highlighted for people in Britain just what they stand to lose by leaving the EU." If more countries mobilize, like the British voters who asked for another referendum, grassroots participation could help reverse recent trends toward disintegration of Europe, he argued.
Soros said "disaffected voters" in countries like France, Germany, Sweden, Italy and Poland could see the U.K.'s departure as a chance to lobby for EU reform. Britain and some other European countries have decried what they see as lack of control over internal affairs like taxation and immigration.
"What the EU must not do is penalize British voters while ignoring their legitimate concerns about the deficiencies of the Union. European leaders should recognize their own mistakes and acknowledge the democratic deficit in the current institutional arrangements," Soros wrote.
He called on the EU to adopt "exceptional measures":