Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
"I really want to encourage competition because I think competition creates innovation, and when you create innovation everyone wins," Humana CEO Bruce Broussard says.Health and Scienceread more
The former top aide of retired United Auto Workers Vice President Joe Ashton, a former member of the GM's board, was charged Friday with conspiracy to commit wire fraud and...Autosread more
Stocks fell to their lows of the day on Friday on news that Chinese trade officials are cutting short their visit to the U.S.US Marketsread more
The wearables company has retained advisors to consider exploring a sale of the business.Technologyread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Walmart is the latest to pull back from the industry. Federal regulators said they will soon ban flavored e-cigarettes, while some nations have outlawed the products...Health and Scienceread more
Legal experts say that California, which has pledged to sue, has a strong case that the administration's move is unlawful.Politicsread more
Federal Reserve Chair Janet Yellen has been scrupulously avoiding discussion of specific details on the future of monetary policy, leaving economists to draw inferences from her sentiments about the health of the overall economy.
"If you hear Janet Yellen say something like, 'Well, gee, we really don't think that lending has grown excessively,' that's a good sign for the markets," said Paul Christopher, head global market strategist for Wells Fargo.
Christopher said that such a seemingly banal statement would imply that "liquidity is not considered excessive, therefore rate hikes will not be aggressive, and therefore the market can return to the focus and the consensus — strong consensus — that there's going to be a very gradual pace to rate hikes."
He also said the hikes could slow to such a pace that the next intervention won't take place until 2018. "So that's going to be a reason for the market to rise here," he said.
In her remarks at a conference in Jackson Hole, Wyoming, on Friday, Yellen cautioned against risk-taking in financial markets.
"Any adjustments to the regulatory framework should be modest and preserve the increase in resilience at large dealers and banks associated with the reforms put in place in recent years," she said.
Yellen's longevity as the Fed chair has come under intense scrutiny from economists. While President Donald Trump may approve of Yellen's "dovish" approach to monetary policy, "in the regulatory front, obviously there's some disagreement there," said Ethan Harris, head of North America economics at Bank of America Merrill Lynch.
"Like most economists," Harris said, "I think that Yellen probably will not be reappointed."
White House economic advisor Gary Cohn is Wall Street's darling to replace Yellen, though his position in the Trump administration became tenuous in recent weeks.
Cohn drafted a resignation letter after the president's response to violent protests in Charlottesville, Virginia, the Financial Times reported, and had an acrimonious relationship with former advisor Steve Bannon, who left the administration last week.
— CNBC's Jeff Cox contributed to this report.