The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.
Applications for U.S. home mortgages tumbled last week after three consecutive weeks of gains, with refinance demand slumping as interest rates rose, an industry group said on Wednesday.
Amazon.com's better-than-expected profit margins surprised Wall Street, prompting at least five brokerages to raise their price targets on the world's largest Internet retailer's stock on Wednesday.
As Washington state tries to figure out how to regulate its newly legal marijuana, officials are hiring an adviser on how it's best grown, dried, tested, labeled, packaged and cooked into brownies.
South Korea's Samsung Electronics did not willfully infringe on some of Apple's patents, a U.S. federal court has ruled, foiling Apple's attempt to ratchet up the $1.05 billion in damages it was awarded last August by a U.S. jury.
A U.S. judge accepted an agreement by BP to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
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.
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.
In a surprise announcement after the markets closed Tuesday, Chesapeake Energy announced the departure of Aubrey McClendon, the flamboyant entrepreneur who helped found the natural gas and oil company twenty-four years ago.
Elliott Management's Paul Singer, long-famous for making Argentina miserable, turns out to be an investor in "Les Miserables." Yes, that Les Miserables. As in, the movie.
Millions of network-connected devices are vulnerable to a new hack.
The online retailer's earnings and outlook fell short of forecasts but revenue jumped 22 percent during the quarter and margins were strong. Shares initially fell then popped higher after-hours.
The company posted quarterly revenue at the high end of its target range as demand improved for its chips and it announced a 10 percent increase in its dividend.
President Obama called on Congress to make good on plans to overhaul the immigration system and offer a path to citizenship for millions of illegal immigrants. He said that if Congress is unable to act quickly, he will propose legislation and demand lawmakers vote on it.
The producers of "Spider-Man" on Broadway and ousted director Julie Taymor told CNBC they're ready to settle their long-running court case.
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.
The U.S. Department of Homeland Security urged computer users on Tuesday to disable a common networking technology feature after it was discovered million are at risk.
Our survey reveals that expectations about when the Fed will end asset purchases have moved toward sooner.
Private equity firms Apollo Global Management and C. Dean Metropoulos are near a deal to buy snack cake brands including Twinkies from bankrupt Hostess Brands, according to a source familiar with the matter.
The largest retailers have said they won't add merchant surcharges now allowed on Visa and MasterCard purchases. But for how long?