Top News & Analysis


  • Budget Deficit Not Our Only Deficit: Lawrence Summers Wednesday, 23 Jan 2013 | 12:30 PM ET
    Larry Summers

    Lawrence Summers told delegates at the World Economic Forum that the U.S. was right to focus on its budget deficit, but should also make the most of "negligible" long term interest rates to improve healthcare and education.

  • RIM Preps Clients to Run BlackBerry 10 Devices Wednesday, 23 Jan 2013 | 10:54 AM ET

    RIM shares rose two percent in pre-market trading after releasing a new system to allow its biggest customers to use its new line of BlackBerry 10 smartphones on their own networks.

  • Florida Mounts Snake Hunt to Battle Invasive Pythons Wednesday, 23 Jan 2013 | 10:28 AM ET
    A Burmese python is held by Jeff Fobb as he speaks to the media at the registration event and press conference for the start of the 2013 Python Challenge on January 12, 2013 in Davie, Florida.

    State wildlife officials are so frustrated with the prolific and invasive Burmese pythons that on Jan. 12 they began a one-month hunt in South Florida. The NYT reports.

  • Don't Forget to Take These Tax Deductions and Credits Wednesday, 23 Jan 2013 | 10:24 AM ET

    Taxpayers can breathe a sigh of relief after crucial credits and deductions were extended. Now, what were they again?

  • Foreclosure Fixer-Uppers Help Boost Remodeling Wednesday, 23 Jan 2013 | 10:21 AM ET

    More American homeowners are repairing and remodeling their houses again as the overall housing market begins to show signs of life.

  • How 'Dark Pools' Enable Anonymous Insider Trading Wednesday, 23 Jan 2013 | 10:02 AM ET
    Steven A. Cohen, Founder and CEO of SAC Capital.

    While federal authorities aggressively pursue individual insider stock trading cases, financial regulators remain years away from being able to peer into "dark pools," the high-tech mechanism that insiders use to conduct secret, advantageous transactions. NBC News reports.

  • US Economy a Bright Spot: Expert     Wednesday, 23 Jan 2013 | 10:00 AM ET

    Nariman Behravesh, chief economist at IHS, tells CNBC why he's positive about the U.S. economy in 2013, despite political uncertainty.

  • What John Paulson Says Is the Best Investment Now Wednesday, 23 Jan 2013 | 9:54 AM ET

    More than four years after the financial crisis that made him billions, hedge-fund manager John Paulson is bullish on the U.S. economy and housing in particular.

  • J&J Knew About Widespread Hip Implant Failures: Audit Wednesday, 23 Jan 2013 | 9:52 AM ET

    An internal analysis conducted by Johnson & Johnson in 2011 estimated that the all-metal device would fail within five years in nearly 40 percent of patients who received it, newly disclosed court records show.

  • Fighting Climate Change Could Come at a High Price Wednesday, 23 Jan 2013 | 9:46 AM ET

    President Obama is making climate change a key issue in his second term, but the cost of cutting the nation's carbon footprint is likely to place a heavy burden on average Americans—and the U.S. economy.

  • Eight Ways You Can Improve Your Home Appraisal Wednesday, 23 Jan 2013 | 8:58 AM ET

    A few simple steps that will protect the value you see in your home before that guy with the clipboard gets to your house.

  • Women, Wine, and the NRA Wednesday, 23 Jan 2013 | 8:57 AM ET

    If you thought alcohol and guns didn't mix, perhaps you should think again. The NRA has a wine club.

  • Jobs Threatened Suit to Prevent Apple Employee Poaching Wednesday, 23 Jan 2013 | 8:48 AM ET
    Russian President Dmitry Medvedev receives an iPhone 4 from Apple CEO Steve Jobs on his tour of Silicon Valley on June 23, 2010.

    Deceased Apple co-founder Steve Jobs threatened to file a patent lawsuit against Palm if that company's chief executive didn't agree to refrain from poaching Apple employees.

  • Coach Suffers Holiday Sales Hangover; Shares Tumble Wednesday, 23 Jan 2013 | 8:16 AM ET

    Upscale leather-goods maker and retailer Coach reported holiday quarter revenue below Wall Street forecasts amid a tough economy and stiff competition.

  • McDonald's Profit Beats; Warns of Sales Slump in January Wednesday, 23 Jan 2013 | 8:01 AM ET

    McDonald's reported quarterly earnings and revenue that beat analysts' expectations on Wednesday, but warned that it sees sales lower early in the first quarter.

  • Large Restructuring Charge Dents United Tech Earnings Wednesday, 23 Jan 2013 | 7:54 AM ET
    United Technologies

    United Technologies reported earnings Wednesday that topped expectations, but profit declined amid large restructuring charges that saw the company close its largest-ever acquisition and sell several small units.

  • Economy Fueled by 'Energy Revolution,' Housing: Hormats Wednesday, 23 Jan 2013 | 7:40 AM ET

    Growth in the U.S. economy will be aided by the domestic "energy revolution" and the pick-up in the housing market, Under Secretary of State Robert Hormats told CNBC on Wednesday.

  • US Mortgage Applications Up for Third Week Wednesday, 23 Jan 2013 | 7:01 AM ET

    Applications for U.S. home mortgages rose last week for the third week in a row, boosted by increased demand for refinancings,data from an industry group showed on Wednesday.

  • CBS has filed an amended lawsuit against Dish Network accusing the No. 2 U.S. satellite TV company of concealing material facts about its ad-skipping technology during contract negotiations in 2011.

  • JPMorgan CEO Hits Back at Policymakers in Davos Wednesday, 23 Jan 2013 | 5:52 AM ET
    Jamie Dimon listens during a panel discussion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland.

    JPMorgan Chase CEO Jamie Dimon has hit back at policymakers and new regulations, telling CNBC in Davos that some of the rules had made things more complicated and that many of the problems had still not been fixed.