U.S. wholesale inventories rose more than expected as petroleum stocks rebounded, according to a government report on Thursday that also showed sales rose by the most in more than 1-1/2 years.
Herbalife President Des Walsh told CNBC on Thursday that hedge fund manager Bill Ackman's allegations are completely false.
The Civil War saga "Lincoln" led the Academy Awards with 12 nominations Thursday, including best picture, director for Steven Spielberg and acting honors for Daniel Day-Lewis, Sally Field and Tommy Lee Jones.
Now is the time to stock up on essentials whose prices are going up, like stamps, apps for your smart phone, and maybe even a house.
U.S. banks were the best performers among stocks last year as more financial institutions continue to adjust after the 2008 financial crash. Analysts argue that there is more headroom, but some could be left behind as compliance with new rules takes its toll.
Weekly applications for U.S. unemployment benefits ticked up slightly last week, the latest sign of stability in the job market.
Banks and financial institutions are leading the pack of borrowers that have rushed to the U.S. debt markets at the start of the year. The FT reports.
U.S.-based stock-exchange operator BATS Global Markets said a system error led to hundreds of thousands of transactions being executed at prices that were not the best available.
Apple's Chief Executive Tim Cook met with China Mobile's Chairman Xi Guohua to discuss "matters of cooperation," a China Mobile spokesman said.
The United States could save $2 trillion in healthcare spending over the next decade, if the U.S. government used its influence in the public and private sectors, a study released on Thursday said.
More than five years after the housing market collapsed, the U.S. government's newly created consumer watchdog said Thursday it will force banks to verify a borrower's ability to repay loans to ward off the kind of loose lending that helped push the U.S. economy into recession.
Google Executive Chairman Eric Schmidt's visit to North Korea this week has been met with sharp criticism and low expectations.
One of the worst flu seasons in a decade is putting further strains on an already sluggish U.S. economy as companies get slammed with increased health care costs and lower productivity from widespread worker absences.
When Morgan Stanley's top executives gathered in mid-September at the Gramercy Park Hotel in Manhattan to discuss strategy, some participants complained that the room was too small. The NYT reports.
Vice President Joe Biden said on Wednesday the White House plans to act quickly to curb gun violence and will explore all avenues — including executive orders that would not require the approval of Congress — to try to prevent incidents like last month's massacre at a Connecticut school.
President Barack Obama will nominate Jack Lew as Treasury secretary as early as Thursday, a source familiar with the process told CNBC.
A senior Boeing engineer said Wednesday the plane maker has "extreme confidence" in the 787 Dreamliner, despite three of mishaps this week, including a battery fire.
Wall Street is hitching its bullish hopes to an unlikely star, believing that real estate will lead the recovery.
Facebook will show off something new next week, but it's being mysterious about what exactly it plans to unveil.
After a 10-month investigation, CNBC found many people who had trouble selling Herbalife and sometimes lost thousands of dollars in the process. Herbalife's stock is now in the middle of a major hedge fund battle.