Major retail chains reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.
Against the backdrop of increasing home prices and the prospect of much higher mortgage rates, it's a "great time" to sell, Zillow CEO Spencer Rascoff tells CNBC.
Even as federal budget cuts put the squeeze on government hiring, private employers are creating new jobs at a steady, but painfully slow, pace.
The number of Americans filing new claims for unemployment benefits fell last week, pointing to moderate job growth despite slowing economic activity.
ETFs create "wild gyrations" that make investors nervous, Starwood Capital's Barry Sternlicht tells CNBC.
Investors moved into high-yield real estate investment trusts while the interest rates were low. But the recent rise in rates question the attractiveness of REITs.
Leading market experts and economists interviewed on CNBC's "Squawk Box" on Thursday offered their predictions on the Fed, the economy, and stocks.
SAC told employees in a letter dated June 3 that it will survive what it characterized as "significant" redemptions, according to sources.
A rift between labor unions and the White House over coverage through Obamacare might be putting smiles on opponents of the health care law.
The proposal had drawn fierce opposition from lawmakers, airlines and others who said it would place passengers and crews at risk.
In a major shakeup, Susan Rice, who came under GOP fire for her initial accounting of the deadly attack on a U.S. compound in Libya, will become national security advisor.
Real estate and banking grew but a strong level of hiring was still hard to find amid "modest to moderate" economic growth, according to the Fed's latest economic observations.
The ongoing auction for Hulu is one of the most anticipated sales of the year. But as Hulu's parent companies are evaluating options, each day creates more uncertainty.
Companies flush with cash remain reluctant to hire or make capital purchases, choosing to reward investors rather than expand their businesses.
Monday's market-moving ISM manufacturing data were inadvertently sent early to a group of high-frequency traders, many of whom immediately traded on the info, CNBC has learned.
A slice of the money market fund industry would be required to change how they price their shares in an effort to reduce the risk of runs, under a proposal unveiled Wednesday.
Andrea Sanderlin is not an actress, but her story—a horse-riding suburban mother of three accused of running a multimillion-dollar marijuana ring—sounds like a television show.
Activity in the US services sector picked up slightly in May, though growth was lackluster. A separate report showed that new orders for US factory goods rose in April.
Apple and other multinationals that keep money overseas are not doing anything wrong on taxes, opposing political pundits agreed on CNBC. But they clashed on reforms to discourage that practice.
States have spent about $3.6 billion enforcing pot possession laws in 2010, according to an ACLU study. A look inside the startling numbers.