Top News & Analysis


  • A Rarity: House, Senate Work on Budget at Once Tuesday, 12 Mar 2013 | 7:37 AM ET

    Although the spending plans will be miles apart ideologically, there are signs a compromise is possible, the New York Times reports.

  • Beyonce, Jay-Z Among Latest Hack Victims: FBI Tuesday, 12 Mar 2013 | 7:17 AM ET

    Authorities were grappling with how to respond to a website that posted what appears to be private financial information about top government officials and stars.

  • US Sold $489.9 Million of GM Stock in February Tuesday, 12 Mar 2013 | 6:42 AM ET
    Signs stand in front of the General Motors world headquarters complex in Detroit, Michigan.

    The U.S. Treasury received about $489.9 million from the sale of General Motors shares in February, it said in its monthly report to Congress on its Troubled Asset Relief Program.

  • AIG Investors Win Class-Action Status in Suit vs. US Tuesday, 12 Mar 2013 | 5:55 AM ET

    Two groups of American International Group shareholders won class-action status on Monday in a $25 billion lawsuit over alleged losses caused by the U.S. government's bailout of the insurer.

  • Illinois Settles SEC Charges Over Pensions Tuesday, 12 Mar 2013 | 4:55 AM ET

    Illinois, which has the worst-funded state pension system in the United States, has agreed to settle charges alleging it repeatedly misled municipal bond investors about the underfunding of its pensions.

  • US Oil Headed for Steep Drop to $75: Pro Tuesday, 12 Mar 2013 | 4:13 AM ET

    The price of West Texas Intermediate (WTI) crude oil is set to plummet to $75 per barrel as increased use of shale oil in the U.S. blots out demand for the energy source.

  • Yahoo's Mayer Gets Flak for More Rigorous Hiring Tuesday, 12 Mar 2013 | 3:16 AM ET

    Marissa Mayer was asked at a meeting whether her rigorous hiring practices had caused the company to miss out on top engineering talent in Silicon Valley's hyper-competitive job market.

  • Just hours after a New York State Supreme Court Justice invalidated New York City's regulation to ban the city's food services businesses from serving sugary drinks larger than 16 ounces, the American Beverage Association (ABA) and other business groups opposing the ban declared victory.

  • Earthquake Rattles Southern California Monday, 11 Mar 2013 | 9:57 PM ET

    A magnitude 4.7 earthquake struck deep beneath a mountain range in Southern California on Monday, jangling the nerves of tennis stars competing in the nearby desert town of Indian Wells and rattling urban areas as far away as Los Angeles.

  • Billionaire Paulson Eyes Puerto Rico Tax Haven Move Monday, 11 Mar 2013 | 8:26 PM ET
    John Paulson

    Billionaire John Paulson has explored abandoning his native New York for the tropics of Puerto Rico as he tries to shield his fortune from tax collectors. The Financial Times reports.

  • Judge Invalidates 'Capricious' NYC Sugary Drink Ban Monday, 11 Mar 2013 | 6:38 PM ET
    A judge on Monday declared New York City's ban on the sale of large sugary drinks "arbitrary and capricious.''

    A judge on Monday invalidated New York City's plan to ban large sugary drinks from restaurants and other eateries, one day before the law was to take effect.

  • Apple Stock Spikes: Chart 'So Bad That It's Good' Monday, 11 Mar 2013 | 3:16 PM ET

    Apple stock jumped Monday amid speculation of a share buyback and dividend. The stock was also getting a bounce from key technical levels.

  • Twitter's Revenue Chief Adam Bain Talks Ad Explosion Monday, 11 Mar 2013 | 12:33 PM ET

    Twitter's president of global revenue, Adam Bain, said he's seeing a surge of ads surrounding marketing initiatives here.

  • We're Betting Big on Real Estate: Blackstone CEO Monday, 11 Mar 2013 | 12:10 PM ET
    Stephen Schwartzman, CEO Blackstone Group

    "Blackstone is now the largest owner of individual houses in the United States," CEO Stephen Schwarzman said on CNBC Monday.

  • Icahn Enterprises in Confidentiality Pact With Dell Monday, 11 Mar 2013 | 10:36 AM ET
    Carl Icahn

    Icahn Enterprises has entered into a confidentiality agreement with Dell, less than a week after Carl Icahn joined growing opposition to take the computer maker private.

  • A Dealmaker's Version of 'Six Degrees of Kevin Bacon' Monday, 11 Mar 2013 | 10:17 AM ET
    Mike Baute

    Relationship Science founder Neal Goldman told CNBC his company has generated an actionable business Rolodex from mining publicly-available information.

  • 'Major Political Storms' Holding Back US: GE CEO Monday, 11 Mar 2013 | 9:12 AM ET

    An explosion of new regulations and "unprecedented" uncertainty in DC will keep the US from achieving its "full growth potential," GE CEO Jeff Immelt said.

  • Opposition Stiffens Against Amazon's Web Name Bid Monday, 11 Mar 2013 | 8:43 AM ET

    Two publishing industry groups are opposing Amazon.com request to own new domain names, The Wall Street Journal reported.

  • Paul Ryan: US Budget Deal With Obama Possible Monday, 11 Mar 2013 | 8:11 AM ET
    Rep. Paul Ryan

    The GOP point person on fiscal issues said a compromise with President Obama is possible, even though their budget plan faces certain rejection from Democrats.

  • Forget Cost-Cutting; Market Pins Hopes on Consumers Monday, 11 Mar 2013 | 7:20 AM ET

    The bulls keep running on Wall Street, and a big part of the reason is because of investor confidence in the growing economic strength of American households, the New York Times reports.