There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.
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When asked about their broader definitions of wealth, a majority of investors surveyed said it meant "greater security." "More happiness" ranked a distant second.
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The South Street Seaport is recovering three months after Sandy. How some small-business owners are using technology to keep sales ringing.
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CNBC Fed Survey shows Wall Street pros divided on how and when quantitative easing will end.
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A new study on student loans offers more evidence of the financial squeeze facing recent college graduates. But nearly as striking is the company behind the study: TransUnion.
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Hiring showed modest but consistent gains as 2012 came to a close. Manufacturing and services were among the sectors that posted gains, according to the Bureau of Labor Statistics.
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After the economy posted an unexpected drop in fourth quarter GDP, CNBC's Jim Cramer called it a "shocker" but also a "one-off number."
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The producers of "Spider-Man" on Broadway and ousted director Julie Taymor told CNBC they're ready to settle their long-running court case.
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As housing and the greater economy improve, a shift in demographic trends will likely favor the rental apartment market for the foreseeable future.
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From Richard Branson's Necker Island to T.Boone's desk that's seen billions of dollars come and go, here's a peek at where some of LinkedIn's biggest influencers work.
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The team whose metropolitan area boasts the lower employment rate during the previous calendar year has won 20 of the last 25 Super Bowls, according to a study by an outplacement firm.
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A decade after Apple revolutionized the music world with its iTunes store, the music industry is undergoing another, even more radical, digital transformation.
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A rare red vinyl Elvis Christmas Album went up for auction on eBay with a buy-it-now price of nearly $30,000. Will it fetch that sum?
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Call them the "Bickering Billionaires," two financial titans who squared off in a breathtaking, unforgettable smackdown Friday on CNBC.
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After getting crushed by big-box stores during the 1980s and 1990s, mom-and-pop shops are enjoying a rebirth among some U.S. consumers. Is the Internet finally democratizing the retail space?
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Efforts to map out North Korea have been made over the last few years, but on Monday, Google was finally ready to officially update the region on Google Maps.
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The prize for winning the Super Bowl? Seven pounds of sterling silver, handcrafted by jewelry icon Tiffany.
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Some people quit whatever they're doing to plunge into a new career. As glamorous as it sounds to chuck everything for a new passion, it's not practical, NBCNews.com reports.
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The city of Dijon has just sold off half of its prized municipal wine cellar to help fund local social spending – including a bottle of 1999 Burgundy knocked down at auction for 4,800 euros to a Chinese buyer. The FT reports.
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Former prosecutor Mary Jo White's nomination to head the SEC was meant to signal that the agency would be getting tough on Wall Street. But she has spent the last decade vigorously defending some of the biggest banks, The New York Times reports.
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Nat Rothschild, Co-founder of Bumi stepped up the bitter battle for control of the Indonesia-focused miner, attacking both the board for its inaction and CEO Nick von Schirnding for "embellishing his CV."
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Asia's financial capital Hong Kong retained its top spot as the world's most expensive city to rent a high-end apartment as robust demand on the island, a popular destination for employees looking to relocate overseas, and constrained supply, kept prices elevated.
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Oil companies at the heart of the US shale oil boom are burning off enough gas to power all the homes in Chicago and Washington combined in a practice causing growing concern about the waste of resources and damage to the environment.
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Local animal shelters have long relied on donations of old newspapers to line floors as they potty train puppies, but there aren’t enough physical newspapers around anymore to do the job.
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The NYSE sought a proposal from Warren Buffett’s Berkshire Hathaway as an alternative to the ICE merger.
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Some stars’ real estate purchases and sales are infrequent, and with other entertainers, the hits keep on coming.
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After a 10-month investigation, CNBC found many people who had trouble selling Herbalife and sometimes lost thousands of dollars in the process. Herbalife's stock is now in the middle of a major hedge fund battle.
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In an ominously near-accurate prediction, intelligence experts warned twice last year that the In Amenas gas plant in Algeria could be the target of an attack by Islamic militants.
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Twitter blames "human error" for pornographic video slipping into Vine's "Editor's Picks" section.
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Delta will debut new outdoor "Sky Deck" lounge terraces at its airport clubs in Atlanta and New York.
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