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  • Fed Mulls Tapering as Soon as June: Minutes Wednesday, 22 May 2013 | 2:00 PM ET

    'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.

  • Teflon Dimon, Unflappable Cook ... CEOs on a Roll Wednesday, 22 May 2013 | 1:31 PM ET

    The trials and triumphs of corporate chieftains are daily blood sport here at CNBC, notes the managing editor of CNBC.com.

  • African-Americans Retire Earlier, With Less Money Wednesday, 22 May 2013 | 12:43 PM ET

    The new retirement age is getting younger for many Americans who can least afford to retire. African-Americans retire earlier than the general population, despite leaner nest eggs.

  • Bernanke's 'Figure Eight' on QE Wednesday, 22 May 2013 | 12:03 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    If it sounds like Fed Chair Ben Bernanke is dancing in his testimony, it's because he is doing rhetorical figure eights in trying to signal where the Fed is going.

  • Pisani: Traders Overreact to Bernanke's Testimony Wednesday, 22 May 2013 | 11:43 AM ET
    Ben Bernanke

    Traders overreact to Federal Reserve Chairman Ben Bernanke's comments. Bernanke, in his Q and A, essentially reiterated what New York Fed President William Dudley said Tuesday: that any change in the flow of bond purchases will depend on data.

  • Microsoft Unveils New Xbox, Plans Exclusive Games Wednesday, 22 May 2013 | 11:16 AM ET
    Microsoft's Xbox One.

    Microsoft debuted its long-anticipated next generation Xbox, called the "Xbox One," a device that allows users to switch more easily between entertainment options.

  • IRS Official Denies Wrongdoing, Invokes Fifth Wednesday, 22 May 2013 | 10:48 AM ET
    The IRS' Lois Lerner speaks before refusing to testify at a House hearing on May 22, 2013.

    The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.

  • Bill Targets Rental Companies' Defective Vehicles Wednesday, 22 May 2013 | 10:36 AM ET

    The Raechel and Jacqueline Houck Safe Rental Car Act of 2013 would ban companies from renting a recalled vehicle until the safety hazard is fixed.

  • Why Millionaire Investors Are Holding On to Cash Wednesday, 22 May 2013 | 10:35 AM ET

    Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.

  • US Home Sales at Highest Level in More Than 3 Years Wednesday, 22 May 2013 | 10:11 AM ET

    U.S. home sales rise slightly to 4.97 million in April, their highest level in 3 1/2 years, as inventories jump.

  • Bernanke: Too Soon to Taper Bond Buys Wednesday, 22 May 2013 | 10:01 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies during a hearing before the Joint Economic Committee May 22, 2013 on Capitol Hill in Washington, DC.

    Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.

  • Gotta Give Her Credit: Women Score Better on Debt Wednesday, 22 May 2013 | 9:22 AM ET

    Women averaged a credit score of 675 compared to the male average of 674, according to the credit score agency Experian.

  • Fed Hawks, Doves Divided Over Improved Labor Market Wednesday, 22 May 2013 | 9:13 AM ET
    Ben Bernanke

    As the Federal Reserve mulls reducing asset purchases, the improved labor market is spurring debate between Fed "hawks" and "doves" over what the right policy decision should be.

  • Rallies End Sometime, but This One May Not End Soon Wednesday, 22 May 2013 | 7:34 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Market rallies have to end sometime for sure, but history suggests the current one, despite its seemingly bloated nature, doesn't have to end soon.

  • Killer Tornado: Scenes From Oklahoma Wednesday, 22 May 2013 | 6:45 AM ET
    A child is rescued from the debris following a devastating tornado that ripped through Moore, Oklahoma.

    Monster. That's what they're calling the tornado that barreled through the Oklahoma City area. Here are heartbreaking scenes.

  • Lowe's Earnings Miss as Cool Weather Damps Sales Wednesday, 22 May 2013 | 6:24 AM ET

    Lowe's reported quarterly earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.

  • Two Global Companies Just Moved for Tax Reasons Wednesday, 22 May 2013 | 5:41 AM ET

    Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.

  • This Bonus Cap May Put Pressure on US Banks Wednesday, 22 May 2013 | 5:10 AM ET

    As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.

  • Oklahoma: Where Financial Relief Will Come From Wednesday, 22 May 2013 | 2:44 AM ET
    Cars are piled up after a devastating tornado hits Moore, Oklahoma are marked with with spray paint after they were searched for victims.

    Once the dust settles and the victims have been accounted for, Moore, Okla., will begin the gargantuan task of rebuilding itself. It's a task that will take billions of dollars in federal and state aid, insurance claims and charitable donations, the CSM reports.

  • Kids Turn to Twitter, Shun Facebook 'Drama' Wednesday, 22 May 2013 | 2:29 AM ET

    Teen use of Twitter has grown significantly, a new report into social media networks shows, while Facebook is losing market share to its quick-messaging rival.