The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spending cuts, confronting lawmakers with another exception to the "sequester."
Hedge fund trader Doug Kass will quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha this Saturday.
One in four U.S. businesses are vulnerable to having their trade secrets stolen, according an cyber expert, who said the ongoing threat could cost the U.S. economy "billions rather than millions".
Ford, facing greater demand for its F-Series trucks, is adding a third shift and hiring more than a thousand new workers at its final assembly plant in Claycomo, Missouri.
Yelp reported a narrower loss than in the year-earlier period and its revenue and outlook beat expectations. Shares rose after-hours.
U.S. authorities on Wednesday charged three men with interfering with the investigation of the Boston Marathon bombing.
Facebook posted revenue that surpassed Wall Street forecasts, but earnings were a penny light.
Visa reported earnings and revenue that beat market expectations. Shares rose after-hours.
Ford, GM, Chrysler and Nissan reported double-digit U.S. sales gains last month, signaling the best April for car and truck sales in six years.
The Federal Reserve held fast to its ultra-accommodative monetary policy, solidified by what board members described as an economy weakened by fiscal policy.
Laser beams and microwave dishes are the latest weapons in an arms race to shave milliseconds off dealing times in the shadowy world of high speed financial trading.
Foreigners now hold a record of more than $13 trillion in American securities as the U.S. seeks to assert itself as the safest port in troubled global waters.
Comcast reported earnings that topped Wall Street analysts' estimates by a penny a share on Wednesday, driven by gains in its cable and theme park businesses.
With only five months to go before the start of enrollment for Obamacare, the President defended the Oct. 1 deadline and pointed to Washington state as a model for getting these systems up and running on time.
Commodities Futures Trading Commissioner Bart Chilton proposes on CNBC a transaction fee on speculative trading that would slow high-frequency trades and help fund his agency.
Looking to Friday's jobs report, more job cuts are on the way as the river of government spending flowing through the U.S. economy continues to slow as a result of sequestration.
The pace of US manufacturing growth slowed in April, an industry report showed on Wednesday. A separate report showed that construction spending fell in March.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.
Time Warner says earnings grew 24 percent in the first three months of the year, as the company benefited from strength in its television networks.
Manufacturing job growth, which included adding a half million workers between January 2010 and the middle of last year, has hit a plateau over the last six months.