Housing is good but not great and unlikely to be a leading force in a robust recovery, according to a group that is one of the industry's leading voices.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Major US bank websites have been offline a total of 249 hours in the past six weeks, a clear sign that American companies are prime targets in global cyber conflict.
Atlanta Fed President Dennis Lockhart told CNBC more solid economic data coupled with a "substantial improvement" in jobs are needed before the central bank would consider tightening policy.
President Obama will return 5 percent of his salary each month to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts, the White House said Wednesday.
Airfares will still be advertised inclusive of mandatory taxes and fees, after the Supreme Court refused a challenge by three airlines. But optional add-on services often leave fliers unable to compare the total price of a ticket.
Pottery encompasses earthenware, stoneware and porcelain. But finding an authentic item involves an arduous search. "Treasure Detectives" host Curtis Dowling provides some tips.
The SEC on Tuesday announced that public companies can use social media platforms like Twitter and Facebook to disclose key company information to investors.
Spanish protesters seeking to stop a wave of evictions have resorted to embarrassing politicians at their homes over harsh mortgage laws that have multiplied the pain of a property crash in the recession-hit country.
Peak oil – the theory that fossil fuel supply will, at some point in the unspecified future peak, sending prices spiking – has now given way to peak demand.
Appearing on CNBC, Aereo CEO Chet Kanojia defended its technology after a favorable court ruling allows the start-up to expand service letting consumers watch live TV over the web.