GO
Loading...

Top News & Analysis

More

  • Dow Breaks 14,000 Finally; What's Next for Market Friday, 1 Feb 2013 | 4:43 PM ET

    The Dow Jones Industrial Average hit 14,000 for the first time since 2007, but where the blue-chip average goes from here is far from certain. The market needs the Fed to continue its bond-buying program, but eventually it will need to break free from that support if the gains are to be sustained.

  • Drivers are now paying more to fill up their gas tanks than they ever have at this time of year.

  • Obama Energy Secretary Steven Chu Resigning Friday, 1 Feb 2013 | 4:25 PM ET

    Energy Secretary Steven Chu, the Nobel-winning physicist who survived the uproar after the solar energy company Solyndra went bankrupt, is stepping down.

  • Merck Earnings Beat, but Delays High-Profile Drug Friday, 1 Feb 2013 | 4:06 PM ET
    Merck lab

    The second-largest drugmaker in the U.S. said it earned 46 cents per share, compared with 49 cents per share in the same period a year ago.

  • Exxon Earnings Beat; Oil and Gas Production Down Friday, 1 Feb 2013 | 4:05 PM ET

    Exxon Mobil, the world's largest publicly traded oil company, reported a higher-than-expected 6 percent increase in quarterly profit Friday on stronger results at its chemical and refining businesses. But oil and gas production fell.

  • 2013 Ford Fusion

    American consumers ignored tax increases and tromped through the winter chill to buy new cars and trucks at an unusually strong pace last month.

  • A new report shows non-network providers are charging insured patients outrageous out-of-network fees. Doctors fault insurers for reimbursing doctors at far lower rates than before.

  • Why Your Super Bowl Party Will Cost More This Year Friday, 1 Feb 2013 | 12:54 PM ET

    Chicken wing prices have spiked, making this year's Super Bowl parties more expensive than last year. Maybe it's time to serve bacon instead of wings!

  • Nike and the NFL: Sizing Up the First Year Friday, 1 Feb 2013 | 11:19 AM ET
    Official Nike 49ers Super Bowl jersey

    Last year, Nike paid $1.1 billion to clothe the NFL for the next five years. If it goes well, some analysts estimate it could mean half a billion in revenue for each of those five years. However, the first year has not been without hiccups.

  • Why the Wealthiest Benefit Most From Dow 14,000 Friday, 1 Feb 2013 | 11:18 AM ET

    With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.

  • Ouch! Apple Takes a Big Hit in January Friday, 1 Feb 2013 | 11:14 AM ET

    January was the worst month in a very long time for Apple stock. How bad was it?

  • In Biggest IPO Since Facebook, Strength Seen Friday, 1 Feb 2013 | 10:37 AM ET
    FILE - In this Sept. 2, 2009 file photo, packaged product is prepared for shipping at the Pfizer plant in Lincoln, Neb. Pfizer Inc. said Thursday, June 7, 2012, that it is spinning off its animal health business into a separate company that will be called Zoetis. The spinoff should be complete by July 2013. (AP Photo/Dave Weaver, file)

    Zoetis, the largest IPO of a U.S. company since Facebook, is showing strength.

  • Travelers has been raising insurance premiums for three years because of severe weather patterns, said Chairman and CEO Jay Fishman told CNBC.

  • In a positive sign for the economy, a new report showed that the pace of growth in the U.S. manufacturing sector picked up while a separate report showed that construction spending rose last month.

  • Consumer Sentiment Gains on Fiscal Deal Optimism Friday, 1 Feb 2013 | 9:55 AM ET

    U.S. consumer sentiment unexpectedly improved in January as Americans felt Washington's deal to avert the "fiscal cliff" at the beginning of the year boded well for the economy, a new survey showed.

  • Pfizer's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook.

  • US Economy Adds 157,000 Jobs; Rate Up to 7.9% Friday, 1 Feb 2013 | 9:47 AM ET
    Sinan Sulaiman speaks to a resume professional at a National Career Fairs job fair in Arlington, Virginia, U.S.

    Payrolls rose 157,000 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Fed's monetary policy.

  • Automatic Spending Cuts Threaten National Parks Friday, 1 Feb 2013 | 9:28 AM ET
    Mount Rushmore National Park

    If Congress can't agree on a deficit-reduction plan soon, vacationers heading to the country's national parks this spring and summer could find reduced staffs, shorter visiting hours and even closings.

  • Chevron Profit Rises Despite Refinery Fire Friday, 1 Feb 2013 | 9:21 AM ET

    Chevron posted a rise in quarterly profit as its refining arm managed to improve earnings despite the crippling of the company's oldest refinery last August.

  • How to Disinherit Loved Ones—And Which You Can't Friday, 1 Feb 2013 | 8:56 AM ET

    Disinheriting someone can be harsh, and may haunt a family member from beyond the grave, but there may be pragmatic reasons for doing so.