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 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
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 12% Monday afternoon, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Carl Icahn thinks Occidental Petroleum's CEO got played by the Oracle of Omaha himself in the company's effort to buy Anadarko Petroleum.Investingread more
The U.S. Food and Drug Administration has approved the first generic copies of a popular, pricey pill for nerve pain. The agency on Monday said it approved nine generic...Biotech and Pharmaceuticalsread more
Starbucks is licensing its mobile and loyalty program technology in a deal that will give global franchisees the chance to offer the Starbucks mobile app to customers.Restaurantsread more
Nick Ayers, Vice President Mike Pence's chief of staff, will not be tapped to fill the vacancy left by departing White House chief of staff John Kelly, and will exit the Trump administration by year's end.
On Sunday, The Wall Street Journal and NBC News, citing sources familiar with the mater, reported that Ayers and President Donald Trump were unable to agree on a time-frame for him to serve, effectively ending negotiations for the 36-year old political veteran to take the senior administration role.
On Twitter, Ayers confirmed that he was leaving Washington, but said he would continue to work to advance the president's policy goals.
NBC and The New York Times reported on Saturday that Ayers was only willing to commit to an interim term through the spring, as his family is expected return to Georgia, citing people familiar with the discussions. Yet the president, eager to tamp down on the storyline of his White House in chaos, wants Ayers to stay on full time.
Rep. Mark Meadows, the chairman of the House Freedom Caucus, is now being considered at the retired general's permanent replacement, Axios reported on Sunday, citing unnamed sources. A source familiar with the matter told CNBC the president is expected to make a decision by year's end.
Kelly is expected to depart his role as White House Chief of Staff by the end of the year, Trump announced on Saturday, ending a tenure marked by tensions with his boss and confrontations with other key administration figures.
Kelly's departure follows several months of controversy and turmoil, and comes at a time when the president's agenda is imperiled by a midterm election in which Democrats recaptured the House of Representatives. The chief of staff vacancy is just the latest changing of the guard at the administration's highest levels, which includes the U.S. Attorney General, United Nations ambassador and Joint Chiefs of Staff.