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
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
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped nearly 10% Monday, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Japanese shares climbed on Monday, boosted by a weaker yen, while other Asian markets struggled after comments from U.S. central bankers on Friday suggested interest rates could be raised sooner than expected.
The benchmark gained 376.78 points, or 2.30 percent, to 16,737.49, while the Topix added 25.34 points, or 1.97 percent, to 1,313.24.
Remarks from U.S. Federal Reserve officials on Friday about possible interest rate hikes this year had pushed up the dollar index, which measures the greenback against a basket of currencies, from levels near 94.300 before the gathering in Jackson Hole to around 95.500 afterward. Around 2:35 p.m. HK/SIN, the dollar index traded at 95.558.
Dollar strength also pushed the dollar/yen pair higher, trading at 102.37 on Monday afternoon local time from levels near 100.1 on Friday before the Jackson Hole remarks.
Also weighing on the yen, Bank of Japan Governor Haruhiko Kuroda said on Saturday at Jackson Hole that the central bank would approve further monetary easing without hesitation after the previous week's consumer prices data showed a dip in inflation.
The rest of Asian markets were mostly lower. In South Korea, the Kospi closed down 5.15 points, or 0.25 percent, at 2,032.35. In Hong Kong, the was lower by 0.38 percent in afternoon trade.
Chinese mainland shares moved little, with the composite closing flat at 3,070.34, while the Shenzhen composite closed modestly up 4.05 points, or 0.2 percent, at 2,027.14.
Australia's ASX 200 dropped 46.27 points, or 0.84 percent, to 5,469.20, with the heavily-weighted financials sub-index lower by 0.82 percent, likely amid investor concerns over a possible rate hike stateside.
On Friday, U.S. Fed Chair Janet Yellen delivered a highly-anticipated speech at an economic symposium at Jackson Hole, Wyoming, saying she was optimistic about the U.S. economy, fueling expectations that interest rate hikes were ahead.
In prepared remarks, the Fed chair said the solid performance in the U.S. labor market and outlook for economic activity and inflation had strengthened the case in recent months for an increase in the federal funds rate.
The remarks were a bit stronger than some analysts had expected.
"Yellen's appearance Friday morning at Jackson Hole proved not to be the damp squib that many were expecting," Ray Attrill, global co-head of foreign exchange strategy at the National Australia Bank, said in a Monday morning note.
Attrill, however, pointed out much of the sustained reaction in the foreign exchange and interest rate markets came "not from her comments directly, but follow up remarks by Fed vice chair Stanley Fischer."
Following Yellen's speech, Fischer told CNBC that the August jobs report, due on September 2, would likely weigh heavily in the Fed's decision, along with other upcoming data.
Energy plays in the region were mixed, with shares of Oil Search down 1.45 percent and Woodside Petroleum off 2.83 percent, while Santos shares added 0.22 percent. Inpex was up 1.83 percent. Hong Kong-listed shares of CNOOC were off 0.52 percent and Petrochina shares fell 0.76 percent.
Gold prices also retreated, dropping from levels near $1,341 an ounce on Friday to levels below $1,323 following Yellen's speech. As of 3:07 p.m. HK/SIN on Monday, was off 0.27 percent at $1,317.85 an ounce.
Stateside, major indexes closed mixed on Friday, with the falling 53.01 points, or 0.29 percent, to 18,395.4. The S&P 500 dropped 3.43 points, or 0.16 percent, to 2,169.04 and the closed higher by 6.71 points, or 0.13 percent, at 5,218.92.
— Follow CNBC International on and Facebook.