The trade deal, signed in January, committed China to buying at least $200 billion more U.S. goods and services — on top of 2017 levels — over two years.
The SEC investigation was prompted by a report from Wolfpack Research in April in which it accused iQiyi of fraud and inflating revenue and user numbers.
"What I think what's happened is the world has accelerated from physical to digital across almost every industry," PayPal CEO Dan Schulman told CNBC's Jim Cramer.
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Eamon Javers breaks down what to watch as lawmakers leave D.C. without reaching a deal on a new round of economic relief for the coronavirus pandemic. Plus, CNBC's Kate Rooney tells us about the stock picking strategies of two very different groups of investors: millennials and baby boomers.
A Yale spokeswoman responded: "We are proud of Yale's admissions practices, and we will not change them on the basis of such a meritless, hasty accusation."
President Trump holds a press briefing as his rival, presumptive Democratic nominee Joe Biden, calls for a nationwide mask mandate in order to combat the raging coronavirus pandemic.
Trump's new rule on methane pollution could be swiftly reversed if former Vice President Joe Biden wins the November presidential election and Democrats win control of the Senate.
