The Fed's tapering is "almost a given," but there won't be enough economic growth to justify the reduction, Pimco's Mohamed El-Erian tells CNBC.
A former SAC Capital trader who pleaded guilty last week to insider trading had been fired by hedge fund in 2008 over a bogus bonus scheme, the New York Post reports.
The pace of growth in the US manufacturing sector accelerated in July. A separate report showed that US construction spending unexpectedly fell in June.
The number of Americans filing new claims for unemployment benefits touched a 5-1/2 year low, suggesting a steadily improving labor market.
Standard and Poor’s has been giving higher ratings than its big rivals to certain mortgage-backed securities, an analysis shows.
College students have a better chance of getting aid if they come from affluent backgrounds than if they are lower on the income scale, some new studies show.
A bipartisan bill that would lower the costs of borrowing for millions of students is awaiting President Barack Obama's signature.
Traders are looking past ISM manufacturing data and weekly jobless claims, to the July nonfarm payrolls because it will be key in the Fed's decision making process.
The U.S. economy has the ability to grow at a rate of 3-4 percent if policy makers removed the obstructions, says former Fed governor Robert Heller.
President Barack Obama will nominate Federal Reserve Governor Sarah Bloom Raskin as the U.S. Treasury Department's No. 2 official, two sources familiar with the process said on Wednesday.
Money isn't the only factor when it comes to some recent graduates' decision to try and make an impact on American communities.
Some politicians find polling to be a little old fashioned, so they're using big data to see what the public thinks about them.
Sick of high U.S. corporate taxes? Here's how some companies are slashing their tax bill by 10%, 20%—or more.
In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about today's Federal Reserve statement.
For a variety of reasons, most economists take a dim view of how effective an entertainment boycott of Florida would be.
Interest rates will hold near zero and the Federal Reserve will continue buying $85 billion in bonds every month while the economy continues to improve at a "modest" pace.
Leather goods maker and retailer Coach reported weak sales in North America and the departures of its chief operating officer and the head of its North American business.
The battle over Herbalife intensified as George Soros has taken a large long position in the nutritional supplements maker, according to sources.
President Barack Obama pushed back against critics who complain that his former economic adviser, Lawrence Summers, was not aggressive enough in seeking economic stimulus in 2009.
A court decision on Wednesday supporting a ruling that video game maker EA did not have permission to use images of NCAA athletes could have big implications for college sports.