Top News & Analysis


  • Chrysler earnings jump 16%, give boost to Fiat Tuesday, 30 Jul 2013 | 5:38 AM ET

    Chrysler posted a 16 percent rise in second-quarter earnings and its CEO said he expects stronger numbers in the second half—though results are still expected to miss targets.

  • What's the beef? Fast food workers say low wages Monday, 29 Jul 2013 | 5:16 PM ET
    New York City Councilman Brad Lander speaks to employees at Wendy's fast-food restaurant during a demonstration outside of one of the restaurants to demand higher pay and the right to form a union on Monday in New York City.

    Organizers warn that thousands of workers in seven cities will walk off their fast-food restaurant jobs this week for the right to unionize and $15 an hour wages.

  • Loeb lobs scorn at Sony's Hirai, box-office bombs Monday, 29 Jul 2013 | 5:04 PM ET
    Daniel Loeb, founder and chief executive officer of Third Point LLC

    Dan Loeb's activist hedge fund Third Point called Sony's entertainment division "poorly managed" and mocked its failed summer movies.

  • Summers' Fed candidacy a ruse, says Art Cashin Monday, 29 Jul 2013 | 4:45 PM ET
    Larry Summers, former Treasury Secretary.

    Larry Summers' candidacy to chair the Federal Reserve may be a bit of a ruse to help vet front-runner Janet Yellen, UBS's Art Cashin says.

  • Herbalife tops estimates, raises full-year outlook Monday, 29 Jul 2013 | 4:43 PM ET
    Herbalife prodcucts

    Herbalife on Monday delivered its 18th straight earnings beat and raised its full-year guidance, but third-quarter guidance came in weaker.

  • Icahn blasts 'whining' Dell in open letter Monday, 29 Jul 2013 | 4:36 PM ET
    Carl Icahn

    Activist Carl Icahn is making it very clear that he thinks Michael Dell is a sore loser who is just plain full of it.

  • Are small-caps as safe as you think? Monday, 29 Jul 2013 | 2:57 PM ET

    Investors looking for "safe" U.S.-centric companies have driven small caps sky high, but the security blanket of the Russell 2000 could be showing signs of wear.

  • Wall Street loves Snapchat—but be careful Monday, 29 Jul 2013 | 2:53 PM ET

    Snapchat is bigger than Instagram and growing faster than Facebook, and no one seems to love it more than Wall Street traders.

  • Tropical Storm Flossie heads toward Hawaii Monday, 29 Jul 2013 | 2:12 PM ET
    The MODIS instrument that flies aboard NASA's Aqua satellite captured this image of Tropical Storm Flossie on July 28 at 23:10 UTC (7:10 p.m. EDT) as it continued moving toward Hawaii (left).

    All of Hawaii is under a tropical storm warning as Flossie marches toward the Big Island, according to the Weather Channel.

  • Michigan AG takes other side in Detroit bankruptcy Monday, 29 Jul 2013 | 1:23 PM ET
    Michigan Attorney General Bill Schuette stands behind Gov. Rick Snyder as he addresses the media.

    Bill Schuette—already representing Gov. Rick Snyder—said Monday that he will also represent Detroit public workers opposing a Snyder-backed proposal to reduce pension benefits.

  • Billionaire: Why Obama can't help the middle class Monday, 29 Jul 2013 | 1:01 PM ET
    Co-Founder and CEO of Paul Mitchell

    Billionaire and entrepreneur John Paul DeJoria said that although President Obama means well, he likely doesn't have the business acumen to do what is best for the middle class.

  • Fab Tourre's defense rests; no Paulson testimony Monday, 29 Jul 2013 | 12:59 PM ET
    Fabrice Tourre

    The defense team for former Goldman Sachs trader Fabrice Tourre has rested its case without calling any witnesses, and summations in SEC v. Tourre are scheduled to begin Tuesday.

  • Why the crop crunch won’t cut your food bill Monday, 29 Jul 2013 | 11:26 AM ET

    Agriculture prices have gotten crunched this year, but don’t expect your Cap’n Crunch to get any cheaper.

  • Ford hits the fast lane: Shares could race up 30% Monday, 29 Jul 2013 | 11:19 AM ET
    A Ford Focus sits on display at a Manhattan car dealership that sells Ford vehicles in New York City.

    The automaker is on a path to become the favored auto brand of the world after demonstrating strong quarterly results in all major global regions, and that could seriously lift shares.

  • The new American poor: 4 in 5 live in danger of it Monday, 29 Jul 2013 | 11:09 AM ET
    Renee Adams, left, posing with her mother Irene Salyers and son Joseph, 4, at their produce stand in Council, Va.

    Survey data point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

  • 'Rally has gone too far,' Citi strategist says Monday, 29 Jul 2013 | 11:09 AM ET

    Normally bullish Tobias Levkovich, chief U.S. equity strategist at Citigroup, cautions that the market is relying too much on unreliable information.

  • If Detroit cuts pensions, will your city be next? Monday, 29 Jul 2013 | 10:46 AM ET
    Hamtramck, Mich., residents attend a town hall meeting called to address city's financial problems.

    If the bankruptcy court allows Detroit to cut pensions, other cities and states may also try to take that route, an investment manager to pension plans warns.

  • Bernanke can be deposed over AIG bailout: Judge Monday, 29 Jul 2013 | 10:43 AM ET
    Federal Reserve Board Chairman Ben Bernanke.

    Former AIG CEO Hank Greenberg should be able to depose US Fed Chairman Ben Bernanke over the terms of AIG's bailout, a federal judge ruled on Monday.

  • Wal-Mart's Washington showdown over wage law Monday, 29 Jul 2013 | 10:22 AM ET
    Washington Mayor Vincent Gray

    Wal-Mart is threatening to scrap expansion plans in the nation's capital because of a local law that would compel big box retailers to pay workers at least $12.50 an hour.

  • Rising rates dampen home sales momentum Monday, 29 Jul 2013 | 10:00 AM ET

    Contracts to purchase previously owned US homes fell in June, retreating from a more than six-year high touched the prior month.