Top News & Analysis


  • Obama Picks McDonough as White House Chief of Staff Friday, 25 Jan 2013 | 12:58 PM ET
    President Barack Obama (C) and White House Chief of Staff Jack Lew (R) applaud as Deputy National Security Adviser Denis McDonough (L) look on during a personnel announcement at the East Room of the White House

    President Obama has chosen longtime adviser and national security expert Denis McDonough as White House chief of staff.

  • The Drought's Impact on Food Prices Friday, 25 Jan 2013 | 12:33 PM ET

    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.

  • Missed the Big Fight? Watch It Now     Friday, 25 Jan 2013 | 12:30 PM ET

    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)

  • Why S&P 1,500 May Signal Stock Rally Has Peaked Friday, 25 Jan 2013 | 12:26 PM ET

    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.

  • Economy Feeds on Workers Who Delay Retirement Friday, 25 Jan 2013 | 11:46 AM ET

    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.

  • Dow Nears Record, but Is It Just Another Bubble? Friday, 25 Jan 2013 | 11:41 AM ET

    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.

  • Home Builders Turn to Rental Apartments Friday, 25 Jan 2013 | 10:15 AM ET
    Apartment construction in Houston, TX

    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.

  • US New Home Sales Fall, but 2012 Finishes Strong Friday, 25 Jan 2013 | 10:01 AM ET

    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.

  • Timothy Geithner

    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.

  • Why Marriage Makes Women Drink More Friday, 25 Jan 2013 | 9:35 AM ET

    Are you married? Does that make you drink more or less?

  • Towns’ Next Hit From Hurricane Is to Tax Revenue Friday, 25 Jan 2013 | 8:38 AM ET
    Damage in the Rockaway neighborhood in New York City, where the historic boardwalk was washed away during Hurricane Sandy.

    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 Profit, Revenue Better Than Expected Friday, 25 Jan 2013 | 8:30 AM ET
    David Cote, Honeywell International Chairman and CEO.

    Honeywell posted earnings and revenue a shade above expectations.

  • Lloyd Blankfein

    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.

  • Ackman: Icahn Wanted to Be My Friend, I Said No Friday, 25 Jan 2013 | 8:06 AM ET
    Bill Ackman CEO of Pershing Square Capital Management LP.

    Billionaire activist investors Carl Icahn and Bill Ackman are at it again.

  • Procter & Gamble Tops Estimates, Raises Outlook Friday, 25 Jan 2013 | 7:14 AM ET

    Household products giant Procter & Gamble reported quarterly earnings and revenue on Thursday that beat analysts' expectations.

  • JPMorgan to Block Shareholder Vote on Bank Break-Up Friday, 25 Jan 2013 | 7:05 AM ET
    Jamie Dimon listens during a panel discussion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland.

    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.

  • Goldman Overcomes Its Latest Headache Friday, 25 Jan 2013 | 4:59 AM ET

    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.

  • Could This Chinese Firm Become RIM’s White Knight? Thursday, 24 Jan 2013 | 9:00 PM ET

    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.

  • The damaged battery case from a fire aboard a Japan Airlines (JAL) Boeing 787 Dreamliner airplane at Logan International Airport in Boston is displayed inside an investigation lab at National Transportation Safety Board (NTSB) Headquarters in Washington, DC.

    One whistleblower is adamant about his fear about the use of lithium-ion batteries on the Boeing 787 Dreamliner, saying they could "explode."