Government investigators found that JPMorgan devised "manipulative schemes" that transformed "money-losing power plants into powerful profit centers."
LinkedIn beat on both earnings and revenue but the stock fell sharply after-hours as the social-networking site's outlook fell short.
AIG reported earnings that beat market expectations but revenue fell short. Shares rose after-hours.
Kraft Foods reported first-quarter earnings and revenue that beat expectations. Shares ticked higher after-hours.
Twitter has hired Cynthia Gaylor from Morgan Stanley to run its corporate development team, bringing in a veteran investment banker with experience in initial public offerings.
President Obama chooses longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.
Payday loans cost the U.S. economy nearly $1 billion and thousands of jobs in 2011, while borrowers often face bankruptcy, according to a new report.
Uncle Sam, financial services companies and spend-happy consumers all share the blame in creating America's savings crisis.
Despite regulatory pressure and the general negative public stigma, big American banks are doing better against their global competitors.
Stock markets don't want a strong economy, but want a "decent" one said Bob Doll, chief equity strategist at Nuveen Asset Management.
SAC's Steve Cohen told investors Thursday that the hedge fund would impose compensation clawbacks on scofflaws and drastically limit SAC's contact with public company workers.
The number of Americans seeking unemployment aid fell to 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring.
Flush with cash, big investors have bought at least 55,000 single-family homes across the U.S. in the past year, and home buyers say it's hard to compete.
Intel announced that it has named Brian Krzanich to succeed Paul Otellini as the company's new chief executive officer, effective May 16.
Financier Ronald Perelman told CNBC that earnings are growing at the companies he holds stakes in, but top-line growth has been difficult, much like the rest of Corporate America.
A plan to renovate 99-year-old Wrigley Field will be a 'great deal' for Chicago's economy, according to Cubs owner Tom Ricketts.
An SEC investigation into stock trading after a leak involving a government decision is a "very gray area," former SEC attorney Jacob Frenkel tells CNBC.
The number of planned layoffs fell to their lowest level of the year, suggesting slowing economic growth has not translated into significant job losses, a report showed.
Tuition deposits are needed to confirm a spot in college. What if you're not sure you'll have enough money? Never fear, some creepy old man is here.
The U.S. economy is awash in fossil fuel production, raising a tantalizing prospect of whether the U.S. should liquidate its Strategic Petroleum Reserve to help close the deficit.