Top News & Analysis


  • Markets Don't Want a Strong Economy: Bob Doll Thursday, 2 May 2013 | 11:22 AM ET

    Stock markets don't want a strong economy, but want a "decent" one said Bob Doll, chief equity strategist at Nuveen Asset Management.

  • In Frank Letter, SAC's Cohen Imposes Clawbacks Thursday, 2 May 2013 | 10:57 AM ET
    Steven A. Cohen

    SAC's Steve Cohen told investors Thursday that the hedge fund would impose compensation clawbacks on scofflaws and drastically limit SAC's contact with public company workers.

  • Claims at Five-Year Low; Trade Gap Falls, Too Thursday, 2 May 2013 | 9:59 AM ET
    Hundreds line up to attend a job fair in New York in April.

    The number of Americans seeking unemployment aid fell to 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring.

  • Cheap Money Bankrolls Wall Street's Bet on Housing Thursday, 2 May 2013 | 9:33 AM ET

    Flush with cash, big investors have bought at least 55,000 single-family homes across the U.S. in the past year, and home buyers say it's hard to compete.

  • Intel Names Brian Krzanich to Succeed Otellini as CEO Thursday, 2 May 2013 | 9:06 AM ET
    Intel CEO Brian Krzanich.

    Intel announced that it has named Brian Krzanich to succeed Paul Otellini as the company's new chief executive officer, effective May 16.

  • Corporate Climate Aids Earnings, Not Jobs: Perelman Thursday, 2 May 2013 | 8:29 AM ET
    Ron Perelman, Chairman and CEO of MacAndrews & Forbes.

    Financier Ronald Perelman told CNBC that earnings are growing at the companies he holds stakes in, but top-line growth has been difficult, much like the rest of Corporate America.

  • Ricketts: $500M Cubs Ballpark Fix a 'Great Deal' Thursday, 2 May 2013 | 8:23 AM ET
    Wrigley Field in Chicago, Illinois, home of the Cubs.

    A plan to renovate 99-year-old Wrigley Field will be a 'great deal' for Chicago's economy, according to Cubs owner Tom Ricketts.

  • New SEC Probe Scrutinizes 'Political Intelligence' Thursday, 2 May 2013 | 8:00 AM ET

    An SEC investigation into stock trading after a leak involving a government decision is a "very gray area," former SEC attorney Jacob Frenkel tells CNBC.

  • Slowdown in Layoff Plans Provides Some Jobs Hope Thursday, 2 May 2013 | 7:40 AM ET
    Job seekers meet meet potential employers at a career fair on April 18, 2013 at the Holiday Inn in Midtown in New York City.

    The number of planned layoffs fell to their lowest level of the year, suggesting slowing economic growth has not translated into significant job losses, a report showed.

  • Can't Afford College? Let a Sugar Daddy Pay Thursday, 2 May 2013 | 7:23 AM ET

    Tuition deposits are needed to confirm a spot in college. What if you're not sure you'll have enough money? Never fear, some creepy old man is here.

  • Possible US Budget Fix: Sell Our Strategic Oil Thursday, 2 May 2013 | 7:06 AM ET

    The U.S. economy is awash in fossil fuel production, raising a tantalizing prospect of whether the U.S. should liquidate its Strategic Petroleum Reserve to help close the deficit.

  • Roubini: Fed Risking Sequel to 2008 Financial Crisis Thursday, 2 May 2013 | 3:33 AM ET
    Nouriel Roubini

    The Fed's commitment to loose monetary policy is likely to lead to asset and equity bubbles in the next two years which could be worse than the previous crisis, renowned economist Nouriel Roubini said in an opinion piece for Project Syndicate.

  • Wall Street to Best Buy: Get Out of China, Now Thursday, 2 May 2013 | 2:42 AM ET

    Best Buy's move to exit Europe has many on Wall Street hoping the big box retailer does the same in China.

  • Pentagon to Ask US Congress for Break From 'Sequester' Thursday, 2 May 2013 | 2:27 AM ET
    The Pentagon

    The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spending cuts, confronting lawmakers with another exception to the "sequester."

  • Kass, Berkshire's Bear, Is Ready to 'Surprise' Buffett Thursday, 2 May 2013 | 1:30 AM ET
    Doug Kass

    Hedge fund trader Doug Kass will quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha this Saturday.

  • Trade Theft: One in Four US Firms May Be Exposed Thursday, 2 May 2013 | 1:27 AM ET

    One in four U.S. businesses are vulnerable to having their trade secrets stolen, according an cyber expert, who said the ongoing threat could cost the U.S. economy "billions rather than millions".

  • Ford Hiring More Than 1,000 on F-Series Demand Thursday, 2 May 2013 | 12:01 AM ET

    Ford, facing greater demand for its F-Series trucks, is adding a third shift and hiring more than a thousand new workers at its final assembly plant in Claycomo, Missouri.

  • Yelp Loss Narrows, Revenue Tops Expectations Wednesday, 1 May 2013 | 6:10 PM ET

    Yelp reported a narrower loss than in the year-earlier period and its revenue and outlook beat expectations. Shares rose after-hours.

  • Three Men Charged With Interfering in Boston Wednesday, 1 May 2013 | 5:45 PM ET
    Runners in Watertown, Mass., with American flags and a Boston Strong T-shirt.

    U.S. authorities on Wednesday charged three men with interfering with the investigation of the Boston Marathon bombing.

  • Facebook Revenue Beats, but Earnings Miss Wednesday, 1 May 2013 | 5:43 PM ET
    Facebook CEO Mark Zuckerberg.

    Facebook posted revenue that surpassed Wall Street forecasts, but earnings were a penny light.