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The focus on the sequester is obscuring the real issue which is the exploding cost of entitlements, Stanley Druckenmiller founder of Duquesne Capital, told CNBC.
Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say. The New York Times reports.
Copper prices are unraveling alongside European and U.S. equities as global economic uncertainty returns to haunt risk assets.
The Obama administration Wednesday mobilized the full force of the federal government in an effort to stop theft of trade secrets from American companies.
Faced with a deferred tax refund, an increased tax bite to their paychecks and higher gas prices, American consumers plan to scale back.
Fandeavor.com offers unique game-day experiences for fans, and was funded by the VegasTech Fund. Led by Zappos CEO Tony Hsieh, the fund is part of a broader push to revitalize downtown Las Vegas.
The White House is taking a cue from Silicon Valley and adopting what Mark Zuckerberg calls the "hacker way."
Next month will determine the eventual fate of the Falkland Islands—and the 1.4 billion barrels of oil so far discovered there. The resolution will come through a referendum among the islanders themselves. Argentina isn't happy about that.
Dennis Tito, who paid a reported $20 million for a ride on a Russian spacecraft, is said to be backing a privately funded, possibly manned, shot at Mars.
When the Fed hinted it might start unwinding its enormous intervention, stocks suffered but the bond market didn't budge. How come?
After a year under Mario Monti's technocratic government, Italians return to the polls on Sunday February 24.
Fewer U.S. homeowners owe more on their mortgages than their homes are currently worth, according to a new report.
Manufacturing in the U.S. could take off on "the cheapest energy in the world," BP Capital Founder T. Boone Pickens told CNBC.
Whether your car insurance carrier charges you more depends on your age, recent driving record and even your credit score. Here's what you should know.
The biggest mobile trade show in the calendar kicks off on February 25 in Barcelona, Spain. Industry watchers expect new products to be unveiled by a host of players including Google, Samsung, HTC and Sony at the Mobile World Congress.
The U.S. Federal Reserve's signal that it may not continue its bond buying program is a game changer for global equity markets, Dennis Gartman, editor of "The Gartman Letter" told CNBC on Thursday.
Every year, firms dutifully detail what their five highest paid executives receive in compensation. But the reported numbers don't always reflect reality. Here's what the really make.
Larry Kudlow says the approaching sequester isn't going to cause Armageddon -- it's likely to set the stage for real growth.
CNBC’s Analytics team looked at the stocks that have average consensus estimates farthest above their current stock prices. Here's what they found.
Bernie Madoff said he does not need "credit" for helping recover money for victims of his Ponzi scheme, he just wished court-appointed trustee Irving Picard would tell the truth about his roll in process.