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
Credit reporting agencies are going to have to get used to "a new regime" in the wake of the Equifax consumer data hack, a top Washington regulator said Wednesday.
Consumer Financial Protection Bureau Director Richard Cordray said Equifax, TransUnion and Experian are getting embedded regulators to ensure that similar breaches of private information don't happen again.
Companies "should welcome" the heightened level of scrutiny, Cordray told CNBC in a live interview on "Squawk on the Street."
"If they're going to restore public confidence in this marketplace, and if they're going to create the kind of reforms necessary, they're going to have to recognize the old days of just doing what they want, being subject to lawsuits now and then, are over," he said. "There has to be a scheme of preventive monitoring in place. They're going to have to accept that, they're going to welcome that, they're going to have to be very forthcoming."
Fallout continues from the Equifax scandal, in which up to 143 million Americans — about 43 percent of the total population — had personal data exposed due to a breach discovered on July 29. The hack wasn't disclosed until nearly six weeks later.
Multiple investigations have been opened on the matter, and CEO Richard Smith announced his retirement this week.
CNBC has reached out to the three credit-rating companies for comment.
Cordray said the Equifax hack was "far beyond" what had happened at Target and Home Depot several years ago and demanded strong reaction.
"We're going to have monitoring in place that's preventive. It's going to be a different regime than we're used to," he said. "In the past they dealt with these problems on their own. They did the best they could. ... That's not good enough."
He said the CFPB will be working with Congress on measures to shore up the way data is handled and how companies react to breaches.