A major winter storm system swept through the southern United States on Tuesday, spawning tornadoes in several states and killing two people in weather-related road accidents.
An outage at one of Amazon's web service centers hit users of Netflix on Christmas Eve and was not fully resolved until Christmas Day.
U.S. holiday retail sales this year were the weakest since 2008, when the nation was in a deep recession.
It's hard to see how lawmakers can avoid touching health insurance if they want to eliminate loopholes and curtail deductions so as to raise revenue and lower tax rates.
The recent rash of insider trading cases may be a shock to some on Wall Street, but not to one long-time market player: Bernie Madoff. In a Christmas Eve letter from the medium security federal prison in North Carolina where he is serving a 150-year sentence for running a massive Ponzi scheme, Madoff tells CNBC that insider trading has been around "forever."
Former President George H.W. Bush will spend Christmas in a Texas hospital after developing a fever and weakness following a month long, bronchitis-like cough, his spokesman said Monday.
As President Obama approaches his second term, he'll have to confront tough and shifting challenges that will play big roles in shaping the rest of his presidency and his place in history.
Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled.
The cost of raising a child born in 2011 climbed to $235,000, one survey found. For upper-income families, the bill nears $500,000.
Experts say there are ways to fix Social Security. Politicians just may not like trying to sell those changes to the American people. NBCNews reports.
Debate over potential fixes for the "fiscal cliff" has thrown the municipal bond market into turmoil, but the selling may now be overdone, Alexandra Lebenthal, CEO of Lebenthal & Co., told CNBC.
United's top flier, Tom Stuker, has flown one million miles on the airline this year alone. And more than 13 million so far in his lifetime.
Sales associates can't explain why customers haven't shown up this holiday season. Shoppers seem to be: a) procrastinating more this year; or b) are just not in the mood.
This has been “an exceptionally political year," starting with the problems of the euro zone and concluding with all eyes on Washington as the U.S. teetered atop the “fiscal cliff."
South Korean officials say they have evidence that North Korea is working on an intercontinental ballistic missile that could reach as far as the United States. The Christian Science Monitor reports.
Last month's dreams of a "grand bargain" of tax hikes and spending cuts seem long gone and a stop-gap that puts everything off for a while but resolves nothing is now the most promising alternative.
"What could have been a merry Christmas is going to turn to a ho-hum Christmas, and we can thank our, you know, politicians for getting in the middle of it all," said a retail analyst.
President Obama, trying to break the stalemate over the fiscal crisis, challenged Republicans on Friday to agree to a quick deal to prevent a tax increase for all but the wealthiest Americans and the expiration of long-term unemployment benefits.
The wealthy generally support higher income taxes, and that their support is growing, a new survey found.
President Barack Obama nominated Sen. John Kerry as his next secretary of state, making the first move in a sweeping overhaul of his national security team heading into a second term.