While VC firms may reward entrepreneurs in NYC and San Fran, may believe that longer-term innovations happening elsewhere are key to economic growth.
Janet Yellen surprised no one, and that's terrific news.
Toronto Mayor Rob Ford will take a break to deal with substance abuse issues on reports of a new video showing him using drugs.
Wall Street welcomed a further reduction in the Federal Reserve's monthly bond purchases and largely ignored other new data.
Ukraine has had its $17 billion IMF bailout signed off, but lenders are already warning of threats to its funding.
China's official manufacturing Purchasing Managers' Index rose to 50.4 in April from 50.3 in March, data released Thursday showed.
Merck is considering selling a big portfolio of mature drugs that could fetch more than $15 billion, according to people familiar with the matter.
Four companies that charged New Yorkers as much as 55 percent interest for medical loans will pay 317 borrowers about $230,000 to settle usury claims.
China plans to get tougher on loans for iron ore imports as concerns grow that steel mills are using import loans to stay afloat. The FT reports.
All flights out of Los Angeles International Airport have been halted because of a "computer issue" at Los Angeles Flight Center in Palmdale, Calif.
Sterling could sell the Clippers for upward of $850 million, but he must act now, said Forbes' Michael Ozanian.
There's an old saying in the stock market: sell in May and go away. Now that the first of May is here should we sell?
Sotheby's auctioned off a total of $44.3 million dollars in jewels Tuesday, including a record-breaking sapphire.
Art Cashin of UBS Financial Services tells CNBC's Bob Pisani about the market's action to the Federal Reserve's decision to continue tapering at the same rate.
This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policy-making meeting on Mar. 19.
Rail cars in a CSX train that derailed in Lynchburg, Virginia are still on fire, the company said.
The former Citigroup chairman and CEO also tells CNBC that banking regulators should not be adversaries of the companies they oversee.
The Fed just modestly upgraded its assessment of the economy. Wall Street should be cheering, right?
Another credit bubble is being inflated, according to a senior private equity executive.
Which of CNBC's 25 rebels, icons and leaders can make you money, right now? Cramer has a list of his own!