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Scores of independent mortgage lenders and community banks are winning business from banks such as Citigroup or Bank of America that have retrenched after the financial crisis.
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BAC experienced widespread outages Friday on its website and mobile banking apps due to an internal technical malfunction, according to a person familiar with the situation.
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The number one challenge to the economy according to industry executives is Washington regulation, writes this political insider.
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January was the worst month in a very long time for Apple stock. How bad was it?
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Payrolls rose 157,000 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Fed's monetary policy.
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Congress has done the easy part of deficit and debt reduction, but the more difficult decisions on controlling health care costs, reforming the tax code and fixing entitlements still lie ahead, Alan Simpson and Erskine Bowles told the TD Ameritrade conference on Friday.
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Drivers are now paying more to fill up their gas tanks than they ever have at this time of year.
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One company found that energy usage in the US drops by more than 5% during the game and as much as 7.5% during the half-time show, even though it would take 10 coal-fired power plants to fire all the televisions being watched.
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If Congress can't agree on a deficit-reduction plan soon, vacationers heading to the country's national parks this spring and summer could find reduced staffs, shorter visiting hours and even closings.
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A new study found that Americans support increases in payroll taxes and taxing higher incomes for Social Security, but want minimum benefits and cost-of-living adjustments to be increased too.
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If January is any indication, 2013 could be another big year for auto sales in the U.S.
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Stock prices may be rising, but so is the threat of inflation, hedge fund manager Kyle Bass told CNBC Friday. "One of the best performing equity markets in the last decade has been Zimbabwe, but now your entire equity portfolio only buys you three eggs."
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Retail investors are still on the sidelines, yet John Bogle, chairman and founder of the Vanguard Group said this won't stop stocks from being major "income generators" over the next decade.
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Deutsche Bank's Joe Lavorgnia anticipates broad "collateral financial damage" once interest rates eventually edge higher. And Art Hogan of Lazard Capital Markets sees the Fed trimming back on quantitative easing in 2013. Both appeared on CNBC's "Squawk on the Street" on Friday.
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Energy Secretary Steven Chu, the Nobel-winning physicist who survived the uproar after the solar energy company Solyndra went bankrupt, is stepping down.
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Chicken wing prices have spiked, making this year's Super Bowl parties more expensive than last year. Maybe it's time to serve bacon instead of wings!
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The Dow Jones Industrial Average hit 14,000 for the first time since 2007, but where the blue-chip average goes from here is far from certain. The market needs the Fed to continue its bond-buying program, but eventually it will need to break free from that support if the gains are to be sustained.
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With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.
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It's bad, but as this economist explains, it would have been a lot worse if thousands of Americans had not just given up.
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U.S. consumer sentiment unexpectedly improved in January as Americans felt Washington's deal to avert the "fiscal cliff" at the beginning of the year boded well for the economy, a new survey showed.
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In a positive sign for the economy, a new report showed that the pace of growth in the U.S. manufacturing sector picked up while a separate report showed that construction spending rose last month.
Editor's Picks
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A class action lawsuit marching through the courts could change the economics of college sports and the status of amateur athletics.
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Disinheriting someone can be harsh, but there may be pragmatic reasons for doing so.
CNBC's Off the Cuff on Yahoo!
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Weight Watchers CEO: Forget Willpower and Do This Instead
Politics
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Scheduled budget cuts in March could limit visiting hours and even force closure of national parks.
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The White House is offering a compromise on new Obamacare rules that would allow religious employers to exclude contraceptives from health insurance for employees.
Fiscal Cliff
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The deal reached to avert the fiscal cliff in the US merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece for the Financial Times newspaper on Thursday.
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Sen. Shelby told CNBC he voted against the "fiscal cliff" deal because it moves us from one crisis to another crisis.
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The deal finally reached over the U.S. “fiscal cliff” should ultimately be positive for the U.S. stock market, according to The Gartman Letter writer and editor Dennis Gartman.