President Obama has chosen longtime adviser and national security expert Denis McDonough as White House chief of staff.
Despite the warnings that last summer's historic drought would drive up the cost of food, prices rose only 2.6 percent in 2012. But food inflation is expected to rise above the historical average in 2013.
Bill Ackman and Carl Icahn square-off live and insult each other on CNBC's "Fast Money Halftime" over a past deal gone bad and disagreements about current investments in Herbalife. This is the complete, unedited conversation. (27:39)
The S&P 500 regained the 1,500 level for the first time in more than five years, but that's a milestone that could also trigger a pause, analysts say.
The share of Americans 65 and older in the labor force went from 12.1 percent in 1990 to 16.1 percent in 2010, according to new analysis of Census data released Thursday, which experts chalk up to a national economy relying increasingly on older Americans — especially women — working part time to bolster their retirement savings.
The Dow industrials are nearing an all-time high after a tumultuous recent past. The problem is that the market needs the Fed to keep pushing stimulus, but eventually it must break free from that support.
Republican governors are moving to cut income taxes, including proposals that would increase reliance on state sales taxes, setting up ambitious experiments in tax reform that could shape what is possible on a national level.
Faced with heavy competition from a hot rental market, some of the nation’s home builders are turning some of their resources to building multi-family, rental apartment buildings.
New U.S. single-family home sales fell in December although the median sales price rose and the sector still appears set to be a bright spot in the economic recovery.
To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say his policies consistently favored big banks over struggling Americans.
Are you married? Does that make you drink more or less?
Localities across the New York region are confronting the prospect of an even bigger blow to their finances: a precipitous decline in property tax revenues.
Honeywell posted earnings and revenue a shade above expectations.
The U.S. economic environment is "very good" and the stock market's rally to multi-year highs has more room to go, Goldman Sachs Chairman and CEO Lloyd Blankfein said on CNBC.
Billionaire activist investors Carl Icahn and Bill Ackman are at it again.
Household products giant Procter & Gamble reported quarterly earnings and revenue on Thursday that beat analysts' expectations.
A federation of U.S. labor unions is looking to force JPMorgan Chase's board to consider breaking up the company after the disastrous "London Whale" affair, but the bank is trying to ensure that its shareholders do not get to vote on the union's proposal.
A case brought by the founders of Dragon Systems was among a spate of legal problems and public relations difficulties for Goldman in recent years. The NYT reports.
A senior Lenovo executive said on Thursday that the Chinese computer maker may consider Research in Motion as a takeover target, sending the Blackberry maker's shares up 2 percent just a week before it launches a make-or-break line of redesigned smartphones.
One whistleblower is adamant about his fear about the use of lithium-ion batteries on the Boeing 787 Dreamliner, saying they could "explode."