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
President Trump's hard-line advisor Peter Navarro added to doubts of a U.S.-China trade agreement happening in the next three months.
Navarro, a well-known trade hawk, told Japanese newspaper Nikkei that it would be "difficult" for the two countries to arrive at a long-term agreement unless "Beijing was prepared for a full overhaul of its trade and industrial practices."
"China is basically trying to steal the future of Japan, the U.S. and Europe, by going after our technology," Navarro said in an interview with Nikkei this week.
The publication of his comments helped send the Dow Jones Industrial Average to its lows on Friday. The Dow finished the week lower by 6.8 percent, for its worst week in 10 years.
President Trump and Chinese President Xi Jinping met over dinner at the G-20 summit in Argentina, which was a "great success," according to the president. China and the U.S. struck a 90-day trade truce at that meeting, according to the White House. In a series of tweets after the meeting, the president expressed hope about reaching a "fair deal," but stressed that he is "a Tariff Man" if talks fall through.
The arrest in Canada of Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei, escalated tensions after the G20 meeting. China strongly opposed the arrest of Meng, who currently faces extradition to the U.S. Her arrest is reportedly related to violations of U.S. sanctions.
Navarro said China needs to address all of the White House's concerns without "half-measures." He called the Made in China 2025 initiative a "label for a Chinese strategy to achieve dominance in the industries of the future."
Navarro went through a litany of China's economic aggression — from "consolidating of state-owned enterprises into national champions," to "debt-trap financing to developing countries," and "dumping below cost into foreign markets." According to the Japanese newspaper, Navarro said "virtually everything on here is against the rules of the World Trade Organization."
— Read the entire Nikkei report here.
— CNBC's Kevin Breuninger contributed to this report.