Top News & Analysis


  • Stock market already feeling sting of higher rates Thursday, 5 Sep 2013 | 4:42 PM ET
    Traders work in the S&P 500 options pit at the Chicago Board Options Exchange

    The relatively sharp jump in interest rates since the beginning of May has taken a toll on the stock market, and analysts see more pain ahead.

  • Obama cancels trip to California next week Thursday, 5 Sep 2013 | 2:47 PM ET

    President Barack Obama has canceled a trip to California next week so that he can stay in Washington "to work on the Syrian resolution before Congress."

  • Pharma's Holy Grail: The next Alzheimer's drug Thursday, 5 Sep 2013 | 2:30 PM ET
    An Alzheimer's patient

    After two decades of research, a treatment that slows or reverses the progression of Alzheimer's has proved elusive. The aging of the global population makes the need more urgent.

  • Stewart designs shelved by JC Penney—report Thursday, 5 Sep 2013 | 2:21 PM ET

    Penney CEO Mike Ullman decided to do away with Stewart's home-goods line after they didn't sell well, The Post reported.

  • Debt talks could get ugly, but sequestration? Thursday, 5 Sep 2013 | 2:18 PM ET

    However contentious the debt ceiling talks might be, we can be virtually assured there will be no sequestration sequel.

  • Foot-wide Hamptons pathway sold for $120,000 Thursday, 5 Sep 2013 | 2:09 PM ET
    Dunes at Napeague, New York

    Two Wall Street financiers locked horns and bid each other up in a face-to-face auction for an overgrown 1,885-foot-long strip of land, just 1 foot wide. NBC reports.

  • Student loan bubble starting to burst Thursday, 5 Sep 2013 | 2:06 PM ET

    This could be a sign that the student loan bubble is starting to burst.

  • The wrong kind of green: Pot sellers' banking woes Thursday, 5 Sep 2013 | 1:16 PM ET

    Even as a shift in U.S. prosecution policy gives states more leeway to legalize marijuana, the companies that dispense it are likely to have trouble finding a bank.

  • Here's how Bill Gross is playing post-Fed market Thursday, 5 Sep 2013 | 12:04 PM ET
    Bill Gross

    Pimco's Bill Gross sees an increasingly constrained investing environment, where the unwinding of central bank stimulus is creating an "unstable field" of choices.

  • 'Bad idea' if Fed wages war on higher bond yields Thursday, 5 Sep 2013 | 10:52 AM ET

    Financial markets can handle higher yields as long as they're for the "right reasons," Drew Matus, senior U.S. economist and managing director at UBS, told CNBC.

  • It gets worse: Retail discounts go even deeper Thursday, 5 Sep 2013 | 10:20 AM ET

    Many U.S. retailers reported stronger-than-expected August sales on Thursday, but they had to use steep discounts to woo back-to-school shoppers.

  • The big get bigger as top hedge funds rake in cash Thursday, 5 Sep 2013 | 10:15 AM ET

    Investors are still buying into promises of juiced up returns. The largest hedge fund firms in the Americas kept adding assets in the first half of the year.

  • What taper? Services sector strongest since 2005 Thursday, 5 Sep 2013 | 10:00 AM ET

    The pace of growth in the services sector accelerated to its fastest pace in almost eight years. A separate report showed that new orders for US factory goods dropped in July.

  • Private jobs growing, while weekly claims falling Thursday, 5 Sep 2013 | 9:44 AM ET

    The private sector added 176,000 jobs in August while weekly jobless claims continued their decline, indicative of slow but steady gains.

  • Best—and worst—of times for older workers Thursday, 5 Sep 2013 | 8:59 AM ET

    The jobless rate for older workers is far below the national average. But if an older worker loses a job, the duration that person will stay unemployed is typically much longer.

  • US labor costs flat, show dormant price pressure Thursday, 5 Sep 2013 | 8:35 AM ET
    A technician works on a Cummins Inc. ISL diesel engine at the E-ONE Inc. factory, in Ocala, Florida.

    Labor costs were flat in the second quarter, a sign of minimal inflationary pressures in the U.S. economy.

  • US planned layoffs jump in August: Challenger Thursday, 5 Sep 2013 | 7:33 AM ET

    The number of planned layoffs surged in August to their highest in half a year, with industrial goods manufacturers the hardest hit, a report on Thursday showed.

  • $10 billion sport in bitter drug-testing fight Thursday, 5 Sep 2013 | 7:00 AM ET

    The two sides were trading blame, rather than blood vials, over hGH. The banned substance is far harder to detect than steroids.

  • G-20: Forget Syria, it's all about the taper Thursday, 5 Sep 2013 | 6:37 AM ET
    Russia's President Vladimir Putin and President Barack Obama

    Russia and China warned on Thursday that the end of the U.S. Federal Reserve's bond-buying program could have a profound impact on the global economy and urged caution.

  • Why Friday's jobs number is make or break Wednesday, 4 Sep 2013 | 9:19 PM ET
    A quality control worker at the Mary Kay Inc. regional distribution facility in Dallas, Texas.

    The Friday jobs report is seen by some traders as make or break for the Fed's decision later this month on whether to taper back its $85 billion monthly bond purchases.