Top News & Analysis


  • Court Drama: Too Many Lawyers, Too Few Jobs Thursday, 21 Mar 2013 | 12:01 PM ET

    Becoming a lawyer seemed to be one of those career moves that could stand up to any type of economic setback. Not anymore.

  • Senate to Post Office: Keep Saturday Mail Delivery Thursday, 21 Mar 2013 | 11:43 AM ET

    The US Postal Service has suffered a setback in its plan to end Saturday delivery of first-class mail, as Congress advanced a bill requiring six-day delivery.

  • Finally: Supply of Homes for Sale Begins to Rise Thursday, 21 Mar 2013 | 11:25 AM ET

    For the first time in over six months, the supply of homes for sale is beginning to rise.

  • Leaving Wall Street--and Still Getting a Nice Payday Thursday, 21 Mar 2013 | 11:06 AM ET
    President Barack Obama and White House Chief of Staff Jack Lew.

    Banks have provisions that allow acceleration of payments owed to senior executives if they take government jobs, NYT reports.

  • House Passes Funding Bill to Avert Government Shutdown Thursday, 21 Mar 2013 | 10:57 AM ET

    The House passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.

  • Jobless Claims Trend Works for Recovery Hopes Thursday, 21 Mar 2013 | 9:28 AM ET
    Job seekers wait for the opening of a job fair sponsored by Job News in partnership with USOilWorker.com and The Texas Veterans Commission in San Antonio, TX.

    The number of Americans filing new claims for jobless benefits edged higher last week, but a longer-term reading dropped to its lowest in five years and pointed to ongoing healing in the labor market.

  • See-Through Pants at Lululemon to Hit Earnings Thursday, 21 Mar 2013 | 7:58 AM ET

    Yogawear retailer Lululemon Athletica reported quarterly earnings and revenue that edged above analysts' expectations but forecast that a supply line mishap that produced see-through pants would hit its earnings.

  • McDonald's Adds Chicken McWrap to Core Menu Thursday, 21 Mar 2013 | 7:41 AM ET

    McDonald's is adding a permanent new offering to its menu: Chicken McWraps. And yes, there's bacon.

  • CME to Sell Buildings as It Shifts to Electronic Trade Thursday, 21 Mar 2013 | 6:04 AM ET

    CME Group said it plans to sell the building that houses its grain exchange in Kansas City, Mo., and may also sell the building which houses its energy trading floor in New York.

  • JC Penney Says Turnaround May Be Longer, More Costly Thursday, 21 Mar 2013 | 5:50 AM ET

    J.C. Penney said fixing its performance could take more time than expected, and it suggested that any change in strategy could be expensive.

  • Blackstone Asks Oracle's Hurd If He Wants to Run Dell Thursday, 21 Mar 2013 | 5:34 AM ET
    Mark Hurd

    Blackstone, which is weighing an offer for Dell, is making an aggressive push to recruit Oracle President Mark Hurd to be chief executive of the world's No. 3 PC maker.

  • Is Ben Bernanke Angling for Another Four-Year Term? Thursday, 21 Mar 2013 | 3:52 AM ET
    Ben Bernanke

    Asked whether he would stay for another term, Fed Chairman Ben Bernanke was non-committal, offering some grist for pundits and speculators. Christian Science Monitor reports.

  • YouTube Reaches 1 Billion Users Milestone Thursday, 21 Mar 2013 | 2:18 AM ET
    Google, which owns Youtube, is considering a plan to sell cablelike services via the Internet.

    Google's YouTube said the number of unique users visiting the video-sharing website every month has reached 1 billion.

  • North Korea Military Threatens US Bases as Targets Wednesday, 20 Mar 2013 | 10:24 PM ET

    North Korea's supreme military command said on Thursday its "precision attack" weapons have U.S. navy bases in Guam and Okinawa in their sights and will attack them if it is provoked.

  • 'London Whale' Not End of Big US Banks: Volcker Wednesday, 20 Mar 2013 | 8:44 PM ET

    The "London Whale" risky trades involving JPMorgan is not going to spell the end of big American banks, according to Paul Volcker, former chairman of the U.S. Federal Reserve.

  • Traders to Pick Over Data, With Fed in Mind Wednesday, 20 Mar 2013 | 8:25 PM ET
    Construction workers are seen on the job at a new housing development in San Mateo, California.

    Housing and jobs data will get a close look from traders Thursday, as they continue to dissect the latest comments from the Fed.

  • Oracle Blames New Sales People for Missing Targets Wednesday, 20 Mar 2013 | 6:36 PM ET

    "What we really saw was the lack of urgency we sometimes see in the sales force, as Q3 deals fall into Q4," the CFO said on the earnings call.

  • CVS to Workers: Tell Us What You Weigh or It'll Cost You Wednesday, 20 Mar 2013 | 3:33 PM ET

    CVS warned employees who use the company’s health insurance plan to report to a doctor for an annual WebMD Wellness Review and reveal their weight by May 1 or pay a monthly $50 penalty.

  • Payback? Cybersecurity Firm Says It Is Under Attack Wednesday, 20 Mar 2013 | 2:34 PM ET

    Mandiant, the cybersecurity firm that in February released a ground-breaking report detailing the suspected activities of a Chinese military hacking unit, told CNBC it is suffering the consequences of going public.

  • Bernanke: Fed Sees No Signs of a Stock Bubble Wednesday, 20 Mar 2013 | 2:33 PM ET
    Ben Bernanke

    Cyprus does not pose a threat to the US economy, and there are no signs of stock market bubble, Fed Chairman Ben Bernanke said Tuesday after the Fed said it would keep interest rates low.