Top News & Analysis


  • Iran hostage drama "Argo" scored a sweet double victory at the Golden Globe awards on Sunday, winning best movie drama - the night's top prize - and best director for Ben Affleck on a night that left front-runner "Lincoln" with just one trophy.

  • Swatch Group Acquires Harry Winston for $750 Million Monday, 14 Jan 2013 | 1:20 AM ET

    Jeweler Harry Winston is selling its high-end watches-to-necklaces division to Swatch Group in a $750 million cash deal that expands Swatch's luxury offering and lets the Canadian group concentrate on its diamond mines.

  • From left, Robert Lopez, Matt Stone and Trey Parker.

    Taking after the Gnomes on the animated series who ardently practice American capitalism, Trey Parker and Matt Stone have wooed investors and raised money to form their own production studio, which they plan to announce on Monday. The NYT reports.

  • Will the Flu Season Impact Insurer Costs? Sunday, 13 Jan 2013 | 7:12 PM ET
    A man is is given his annual flu shot.

    Flu season typically costs the U.S. economy close to $10.5 billion in lost productivity and direct medical expenses, according to 2007 study by the Centers for Disease control (CDC). With the nation in the midst of the strongest flu season in nearly a decade, costs this winter could top those numbers.

  • Startup Plans Lean, Green 84 MPG Machine for 2014 Sunday, 13 Jan 2013 | 4:31 PM ET
    Elio Motors ultra high mileage car.

    Elio Motors plans to roll out a two-seater car that gets 84 miles per gallon in 2014.

  • Higher Payroll Tax Already Biting Consumer Spending Sunday, 13 Jan 2013 | 10:53 AM ET

    Paychecks across the country have shrunk over the last week due to higher federal tax rates, and workers are already cutting back on spending, which will drag on the economy this year.

  • Platinum Coin Idea Is Rejected by White House Saturday, 12 Jan 2013 | 5:32 PM ET

    The White House on Wednesday sees little profit in the notion of minting $1 trillion platinum coin as an escape hatch to avoid a debt default if Congress balks at the debt limit.

  • Oracle Pledges to Fix Java Security Flaw 'Shortly' Saturday, 12 Jan 2013 | 5:27 PM ET

    Oracle said it is preparing an update to address a flaw in its widely used Java software after the U.S. Department of Homeland Security urged computer users to disable the program.

  • Weaker Profit Margin Sends Wells Fargo Shares Lower Friday, 11 Jan 2013 | 3:37 PM ET

    Wells Fargo posted earnings expectations Friday, but shares fell amid disappointment with the profit margin in the bank's lending business.

  • If mom-and-pop investors are always the last ones to the stock party, it may be time to call a cab.

  • US Defends Dreamliner, Despite Safety Review Friday, 11 Jan 2013 | 12:19 PM ET
    A Boeing 787 Dreamliner operated by United Airlines takes off at LAX

    Even as the federal government was announcing a new reliability review of Boeing's new 787, the Secretary of Transportation was defending the safety of the Dreamliner.

  • Malibu Makes Bid to Be World's Mega-Mansion Capital Friday, 11 Jan 2013 | 12:11 PM ET
    This property on Sea Lane Drive in Paradise Cove Bluffs (pictured) went for $36.5 million.

    A fiscal-cliff driven sales boom in Malibu has made the California beach retreat the nation's likely leader for homes worth $10 million-plus.

  • Pebble Watches

    Watchmaker Pebble's journey to product delivery illustrates the potential and minefields of the new funding platform. Pebble's CEO on CNBC.

  • Mark Zuckerberg

    It will cost you a pretty penny to send a Facebook message to CEO Mark Zuckerberg's inbox.

  • Easy Money Could Backfire, Says Fed's Plosser Friday, 11 Jan 2013 | 11:31 AM ET
    Charles Plosser, President and CEO of the Federal Reserve Bank of Philadelphia

    The Federal Reserve may be frustrating Americans' efforts to restore their personal wealth and may actually slow a broader rebound in U.S. consumption, a top official at the U.S. central bank says.

  • The conversion to electronic records has failed so far to produce the hoped-for savings in health care costs and has had mixed results, at best, in improving efficiency and patient care, a study found.

  • Rough December Caps Bad Year For Videogame Sales Friday, 11 Jan 2013 | 11:12 AM ET

    The videogame industry's year of precipitous declines was topped off by an unhappy holiday season. In December, game sales fell 26 percent while console sales declined 20 percent.

  • Nasty Flu Season Sparks Spotty Vaccine Shortages Friday, 11 Jan 2013 | 10:30 AM ET
    Alina Pastoriza Garcia, ARNP-NP-C, administers a flu vaccination to Russell Waddey at the CVS/pharmacy's MinuteClinic in Miami, Florida.

    The nation's nasty flu season has created a sudden surge in demand for vaccine, leaving some sites across the country short on the shots that can prevent illness — or make it a little less miserable.

  • Think Only the Rich Will Pay More Taxes? You're Wrong Friday, 11 Jan 2013 | 10:21 AM ET

    The death of the temporary payroll tax cut means everyone will see a bigger tax bite out of their paychecks this year.

  • Ex-NBA Star Mayor Moves Detroit Away From Its 'Cliff' Friday, 11 Jan 2013 | 10:14 AM ET
    Michigan Governor Rick Snyder and Detroit Mayor Dave Bing

    Mayor Dave Bing is trying to move Detroit away from the fiscal brink -- the appointment of a state financial overseer.