Top News & Analysis


  • Yelp Losses Exceed Expectations; Shares Drop Wednesday, 6 Feb 2013 | 5:41 PM ET
    Yelp's banner on the New York Stock Exchange on IPO day,  March 2, 2012.

    Yelp on Wednesday reported a loss for the fourth quarter that was wider than Wall Street analysts' expectations.

  • Ben Bernanke

    The Federal Reserve said that one of its websites had been briefly breached by hackers, though no critical functions of the U.S. central bank were affected.

  • Texas Gov. Rick Perry Courts California Wednesday, 6 Feb 2013 | 4:34 PM ET

    Texas Gov. Rick Perry has released a radio ad in California hoping to lure businesses to the Lone Star state. California Gov. Jerry Brown's reaction? "It's a big nothing."

  • Visa Earnings Beat Amid Strong Growth Wednesday, 6 Feb 2013 | 4:08 PM ET

    Visa's first-quarter profit that exceeded market's expectation for the ninth quarter in a row. "I'm most impressed by the upside to revenue," one analyst said.

  • Energy Rally: Refiners Win, Consumers Lose Wednesday, 6 Feb 2013 | 2:32 PM ET

    U.S. refiners are the clear winners in the recent rally--but at consumers' expense. If gas prices stay at $3.60 or higher for the rest of the month, it will cost consumers an extra $10 billion in the first quarter.

  • Execs Say Cyber-Attacks a Top Threat: AIG Survey Wednesday, 6 Feb 2013 | 1:26 PM ET

    The threat of a cyber-attack tops the threat of losing money as the primary risk business executives worry about, according to a new survey sponsored by insurance giant AIG.

  • 'We Will Return to Growth This Year': JC Penney CEO Wednesday, 6 Feb 2013 | 12:58 PM ET

    "I believe we will return to growth this year," said the CEO of J.C. Penney in an interview with CNBC. "As we approach this year, the number one priority is to return to growth."

  • The growing oil supply glut in the Midwest and the inability to transport and offload these supplies via pipeline to refineries along the Gulf Coast has created the widest price differential of the year between the world's largest oil futures contracts.

  • Tilson Cuts Apple and Gets Long the Stock Market Wednesday, 6 Feb 2013 | 12:21 PM ET

    Following a year in which his hedge fund again badly underperformed, investor Whitney Tilson has shed his stake in Apple and promised clients his decision to go solo would reap them benefits.

  • The Results Are In, Monopoly Reveals Its New Token Wednesday, 6 Feb 2013 | 12:17 PM ET

    Over the past month, hundreds of thousands of Monopoly fans worldwide voted for which new token should replace one of the iconic ones being retired after countless journeys past Go. The results are in.

  • Netflix Is Not a Threat: Time Warner CEO Wednesday, 6 Feb 2013 | 12:15 PM ET

    Jeff Bewkes, CEO of Time Warner, said that "Netflix is competition, but it's reasonable competition."

  • Why Home Builders Won't Drop New Home Prices Wednesday, 6 Feb 2013 | 12:05 PM ET

    The divide between new and existing home prices is wider than ever and as one analyst notes, "The only people who can buy are people who are very well off, so that's created a positive mix shift."

  • What Would You Call Tim Geithner's Book? Wednesday, 6 Feb 2013 | 12:02 PM ET
    Timothy Geithner

    Let's help out the former Treasury Secretary with title suggestions for his upcoming book.

  • Postmaster General Patrick Donahoe speaks during a press conference at U.S. Postal Service headquarters February 6, 2013 in Washington, DC.

    "This is just one step in a plan to resolve our finances," Postmaster General Patrick Donahoe said in an interview on CNBC.

  • Ackman Getting Better of Carl Icahn in Herbalife Feud Wednesday, 6 Feb 2013 | 11:21 AM ET
    Bill Ackman CEO of Pershing Square Capital Management LP.

    Shares of the nutritional-supplement company are down 20% since the hedge-fund managers duked it out on CNBC on Jan 25.

  • The 787 Grounding Puts Cities in Costly Holding Pattern Wednesday, 6 Feb 2013 | 10:58 AM ET
    A Boeing 787 Dreamliner operated by United Airlines takes off at LAX

    Almost three weeks since the FAA grounded the 787 Dreamliner, several U.S. cities are facing a frustrating wait for the plane to get back in the air. Due to the grounding, the financial impact of the delayed service could be substantial.

  • This New Instagram Feature May Help It Finally Make Money Wednesday, 6 Feb 2013 | 10:28 AM ET

    Facebook-owned Instagram has launched a new product that enables users to view their newsfeed via the web, possibly opening up a way for the company to generate revenue.

  • Microsoft Surface Pro Gets Tough Early Reviews Wednesday, 6 Feb 2013 | 10:25 AM ET
    Microsoft Surface with Windows 8 Pro

    U.S. tech writers have given Microsoft new Surface tablet-laptop hybrid largely negative reviews.

  • Long-Term Unemployment Now a Thing of the Past? Wednesday, 6 Feb 2013 | 9:23 AM ET

    Long-term unemployed in the U.S are having an easier time finding jobs — and the problem of long-term joblessness may disappear in the months ahead.

  • Eighteen people have been charged in what may be one of the nation's largest credit card fraud rings, a sprawling international scam that duped credit rating agencies and used thousands of fake identities to steal at least $200 million, federal authorities said.