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The letter from pension consulting firm Russell Investments said Blackstone submitted its redemption notice to SAC Capital sometime before May 15 because of ongoing concerns about the insider trading investigation that continues to engulf Cohen's fund.
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Despite a raging, record-high stock market, more Americans believe a home is a better long-term investment than stocks, according to CNBC All-America Economic Survey.
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For a fraction of the cost of buying a supercar, laymen drivers can drive a Ferrari on a closed course for a few laps. This experience is sold by businesses and manufacturers, and even though it’s over quickly, it’s exhilarating and unforgettable.
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Wells Fargo said its online banking website was experiencing an unusually high volume of traffic that it believes stems from a cyber attack.
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Warren Buffett's Berkshire Hathaway will become one of the biggest shareholders of Goldman Sachs.
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Just browsing? That'll cost you at some retailers. These fees are the latest company tactic in the fights against counterfeiting and "showrooming."
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State and local governments may be making serious cuts but their tax revenue grew for a 13th straight quarter, Census data showed.
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.160x105.jpg?v=1364237571 "Exit Strategy: Is It Time to Quit Your Job?")
Employees who've been at the same company 10 years or more are as rare as a unicorn these days. Is it time for you to move on?
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Wal-Mart Stores announced on Tuesday it will begin testing a new in-store locker system that will allow a customer to select an item online, ship it for free to a locker at her local store, and pick it up at her convenience.
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With cheap shale gas making the US a magnet for industrial companies, many economists are positing a return to industrialization after more than a decade of consumption-led growth.
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On Saturday, as part of a marathon voting session in the Senate to pass the country's first budget in four years, a measure was also approved 99-0 that sought to "end subsidies" based on size for the nation's six largest financial institutions.
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There is growing unrest in the tiny island country and today, the head of the biggest bank resigned, reports CNBC's Michelle Caruso-Cabrera. The agreement liquidates one of the country's biggest banks and downsizes another.
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U.S. soda consumption fell last year for the eighth-straight year, dipping to levels not seen since the Clinton administration, according to new beverage statistics.
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Jim Cramer says a strengthening U.S. economy means opportunities are vastly more attractive on this side of the Atlantic.
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The Bentley Flying Spur is making its U.S. debut at the New York Auto Show, but CNBC got a sneak peek Tuesday morning.
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With US oil production at a 20-year high, the shifting fundamentals of global oil supply are increasingly driving the price of US crude and the higher priced international bench mark closer together.
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Although markets initially held up in the face of renewed chaos, market watchers and analysts are warning that the flare up in the euro zone debt crisis could once again curb investor sentiment.
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In shaping its targeted advertising strategy, Facebook is tapping into outside sources of data to learn even more about Facebook users, the NYT reports.
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For Cyprus—and for Europe—the clock is ticking, with the prospect of the eastern Mediterranean island exiting the euro zone or defaulting on its debt looming ever larger. Click ahead to see how the crisis has unfolded.
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The resurgence in the initial public offerings (IPO) market is a sign that investors are once again growing more optimistic despite flare-ups in the euro zone debt crisis, according to the CEO of the London Stock Exchange.
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US consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
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Editor's Picks
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Could the reform bill create a Korea-like demilitarized zone in North America?
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Goldman Sachs revealed to clients its so-called VIP list of stocks that are most loved by the hedge fund industry.
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The way people travel, where they stay, and what they eat, are being transformed by mobile.
Big Data Download
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Don’t Just Read Your Telecom Bill—Watch It
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What ‘Summer Driving Season’ Will Cost You
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Kids: Facebook Means Hanging With Mom and Dad
Executive Edge
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Hedge fund bigwig Paul Tudor Jones offends; the Fed taper caper continues to obsess the markets; P&G shelves its CEO.
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HP's turnaround is under way; weak Asian data create jitters; corporate tax reform wish list; a mixed housing rebound.
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The Fed sends a mixed message to the markets; stingy millionaires; immigration reform inches ahead.
Off the Cuff
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Zaha Hadid: You Don’t Have to Be Polite to Succeed
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Super-Chef Batali: Here’s How I Built My Brand
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Matt Ryan, the Atlanta Falcons quarterback is expected to become the NFL’s next $100 million player.
Politics
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Lois Lerner, the IRS official at the center of the alleged Tea Party targeting, has been placed on administrative leave.
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House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
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President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.