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Bernanke: Too Soon to Consider Tapering Bond Buying
CNBC
Top News and Analysis
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Fed Chair Ben Bernanke told Congress on Wednesday the U.S. job market remains weak, and that it is too soon for the central bank to end its stimulus programs. Stocks spiked on his comments.
Top Video
Read how many in China have climbed out of the poverty pit by unleashing their entrepreneurial spirit.
Tuesday, 21 May 2013 | 7:50 PM ETSteven Schiller, Senior VP, Global Sweets & Refreshment introduces Hershey's new brand of milk candy in the mainland, called the Lancester in English, or Yo-Man in Mandarin.
Tuesday, 21 May 2013 | 4:57 PM ETCNBC's Maria Bartiromo explains why she thinks the stock market's rally probably isn't over yet. (1:47)
Highlights
There aren't nearly as many super-rich prospects in the U.S. as merely affluent ones. |
Here's a look at the 11-biggest venture-backed exits of New York companies and the notable VCs who backed them. |
Schools need to cut costs and frills if they want to survive, says a former education secretary. |
Teen use of Twitter has grown significantly, a new report shows, as Facebook loses market share. Here's why. |
Here's a look at how the devastating Oklahoma storm compared to some of the deadliest tornadoes in U.S. history. |
The Bay Area beat out South Florida, which was making a bid for its 11th NFL championship game, to host the anniversary event. |
Top News and Analysis
Editor's Picks
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From social video to niche social networks, financial advisors are hunting for prospects in the digital world.
Coming Up On CNBC
Stocks
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Jim Cramer thinks there is evidence of a turn in Europe. And if that happens, then this name is THE play, the "Mad Money" host said.
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Cloud-computing stocks have been active recently, and yesterday the bulls turned to data-warehousing company Teradata.
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The Fast Money traders discuss what to do with Norfolk Southern, Whole Foods, Cabot and more.
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Stock charts suggest that the rally could continue, Tejas Securities Group Chief Technical Analyst Jeff Weiss says.
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As the market broaches overbought territory, a correction is in store—just not necessarily a downward one. TheStreet.com offers technical analysis.
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Skeptical of the airline stocks? Jim Cramer suggests giving this play a closer look.
Technology
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When disaster strikes, communication can be a lifeline. That's made phone chargers a new addition to the emergency preparedness kit.
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We can thank the app economy for a boom in cyberattacks aimed at mobile devices, security experts said Tuesday.
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Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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As investors and analysts size up Yahoo's latest $1.1 billion acquisition, it is worth reflecting on the GeoCities deal, which has many similarities, the NYT reports.
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In the wake of Yahoo's announcement on Monday that it's snapping up Tumblr for $1.1 billion, the attention has shifted to which companies could be next.
Finance
NetNet With John Carney
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What Warren Buffett once called "financial weapons of mass destruction" are firing again, with securitization and shadow banking at post-crisis highs.
By the Numbers
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The Dow is up nearly 22 percent since mid-November. Many think the market's overdue for a pullback, but historical correlations indicate that it may not be.
Opinion
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College administrators better take a hard look at what they're offering students if they hope to weather a coming online storm, says a former Secretary of Education.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade.
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According to a CBO report, tax hikes outweigh spending cuts by 6-1. Henry Blodget, Business Insider, and Jim Pethokoukis, American Enterprise Institute, discuss.
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Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.
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Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.
Real Estate
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Fannie Mae common shares have soared, but there may not be a happy ending for investors.
Inside Wealth
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Millionaire parents often hold off telling their kids how wealthy they are until they hit adulthood. Is this right?
Politics
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Top IRS say they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently.
Media
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Political satires like 'The Daily Show' are gaining fans in a country where such criticism is a rarity.
Retail
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Shares of Saks surge amid a report it has hired Goldman Sachs to explore strategic alternatives.
Small Business
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Debt-laden businesses make decisions out of desperation. So cut up the credit cards and use these four strategies instead.
Personal Finance
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.93x70.jpg?v=1369228457 "Women Hold Slight Edge in Credit Scores")
Women averaged a credit score of 675 compared to the male average of 674, according to the credit score agency Experian.
Energy
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Brent crude fell towards $103 per barrel after data showing a surprise jump in US gas stockpiles sparked demand worries.
Humor
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Sometimes when you do things in the comfort of your own home, everyone gets a little too comfortable.