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Whether by choice or through financial reality, the percentage of American households without a car has doubled over the past two decades—and is now approaching 1 in 10.
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Ex-KPMG partner Scott London says over the course of several years he divulged general information to a friend whose business was struggling, reports CNBC's Kayla Tausche. London's attorney, Harland Braun of Harland Braun Law Offices, offers insight.
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.160x105.jpg?v=1365611954 "Stocks Surge on Fed's Promise to Battle Weak Economy")
Stocks soared on Wednesday focusing on the Fed's commitment to battle a weak economy, rather than on hawkish comments by Fed officials.
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President Obama's fiscal 2014 budget plan proposes cancellation of or cuts to several weapons programs.
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The Class of 2013 will most likely still experience residual effects of the recession as graduates face weak economic growth and an extremely tight job market. NBC News reports.
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President Obama sent Congress a $3.8 trillion spending blueprint on Wednesday that strives to achieve a "grand bargain" to tame runaway deficits, raising taxes on the wealthy and trimming popular benefit programs.
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Wall Street regulations crafted after the financial crisis were written quickly during turbulent times and need to be changed, the head of the U.S. Chamber of Commerce told CNBC.
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Shareholders warned that more orders from bank regulators are on the way. "Extensive changes" are required.
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Clever guys at hedge funds and private equity shops can easily restructure their compensation to avoid the tax. Here's how they'll do it.
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Federal Reserve policy makers worried about increased risks due to the central bank's aggressive monetary stimulus, though most view those dangers as "manageable" for now.
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According to Einstein, nothing's faster than the speed of light. But for some traders the speed of light—at least through fiber-optic cable—just isn't fast enough anymore.
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Fidelity's president proposed doubling the percentage of pay employers can put in automatically enrolled employees' 401(k)s.
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A revolution has started as consumers use technology to carry out everyday banking tasks. America's banks are reconsidering the future of the branch.
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The US Postal Service is delaying its plan to cease Saturday delivery of first-class mail, a service that it says is costly but that many Americans rely on.
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Brendan Kennedy of Privateer Holdings discusses why he believes the legalization of marijuana presents a big investment opportunity, and how he plans to profit by getting in on the ground level.
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Instagram has yet to monetize its photo-sharing social network. It may want to take a page out of Twitter's monetization playbook.
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The 2013 Atlantic hurricane season will be "above average" with 18 tropical storms, nine of which will intensify into hurricanes, forecasters at Colorado State University predicted on Wednesday.
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Goldman Sachs downgraded its 2013 price target for gold and advised investors to short the precious metal, in a commodities report out on Wednesday.
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It is too soon for the Federal Reserve to consider tapering or halting its asset purchases, Atlanta Fed President Dennis Lockhart said on Wednesday.
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The construction sector is poised for strong growth and will become a leading job creator, said Sheryl Palmer, CEO of homebuilder Taylor Morrison.
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Websites for five U.S. banks have been struck in the last month, with 13 targeted. With the rising threat of a hack, is your money safe?
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Editor's Picks
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A.G. Lafley's return at P&G will be beneficial because he "knows where the bodies are buried," a management expert says.
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One thing the world's central bankers can take away from this week's market volatility: They need to do a better job of communicating.
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Investor optimism over the outlook for the Japan's stock market remains unshaken.
Big Data Download
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What ‘Summer Driving Season’ Will Cost You
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Kids: Facebook Means Hanging With Mom and Dad
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One Advisor’s Take on Gap Shares Now
Executive Edge
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HP's turnaround is under way; weak Asian data create jitters; corporate tax reform wish list; a mixed housing rebound.
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The Fed sends a mixed message to the markets; stingy millionaires; immigration reform inches ahead.
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Apple CEO Tim Cook faces Congress; multibillion-dollar Oklahoma tornado damage.
Off the Cuff
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Zaha Hadid: You Don’t Have to Be Polite to Succeed
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Super-Chef Batali: Here’s How I Built My Brand
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Matt Ryan, the Atlanta Falcons quarterback is expected to become the NFL’s next $100 million player.
Politics
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Lois Lerner, the IRS official at the center of the alleged Tea Party targeting, has been placed on administrative leave.
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House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
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President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.