House Democrats are calling for Equifax to extend its promise to give customers free credit monitoring from one year to three years. Ariel Evans, CEO of Innosec, joins Cheddar to discuss what this means for the company and the consumer.
What most people may not know is that a hacker could hold on to stolen information for more than a year before selling it. This is why House Democrats don't think the initial one year of free credit monitoring to all Equifax's customers is enough. They want to ensure that any compromised information won't be subjected to a hack a few years down the line.
Plus, what rights do shareholders have? Evans explains that you can bring a class-action lawsuit against Equifax if you feel like your rights have been violated.
Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement that negotiators had reached with the company.
Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize on Monday for research that helps explain why women around the world are less likely than men to work and to earn less money when they do.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we focus on MGM Resorts, Clorox, United Airlines, Google and HP.
