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The Federal Reserve should not go from "wild turkey" monetary policy to "cold turkey" overnight, Dallas Fed President Richard Fisher told CNBC on Monday.
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A U.S. appeals court revived much of a lawsuit against SAC Capital Advisors founder Steven A. Cohen on Wednesday, brought by his ex-wife.
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Databases used by major retailers to prevent workers accused of stealing from getting another job are increasingly under scrutiny. The New York Times reports.
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Fed Governor Daniel Tarullo told CNBC that whether banks should be split is up to Congress, which should also talk about limits on short-term bank liability.
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It's no joke. Samoa Air has begun using weight-based airfare pricing on all its flights, the first airline to implement such a policy.
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One of the Federal Reserve's most hawkish officials confronted one of the institution's most dovish policymakers on Tuesday in a rare joint public debate over the risks posed to inflation by the U.S. central bank's bold steps to spur growth.
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Businesses and wealthy owners of estates ask the IRS for changes to a 3.8 percent tax on investment income to fund Obamacare.
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Two pipeline spills have prompted new criticism from opponents of the proposed Keystone XL project, while raising questions about whether the government is adequately monitoring U.S. pipelines. The NYT reports.
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Armed with Qualcomm Snapdragon processor and competitive pricing, Google plans to turn heads with the new Nexus 7's July launch.
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Goldman Sachs is raising up to $600 million for a publicly-traded credit fund that will buy risky loans. What could go wrong?
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North Korea on Wednesday closed access to a joint factory zone that earns $2 billion a year in trade for the impoverished state but will allow hundreds of South Koreans to return home, allaying fears they could have been held hostage.
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Private-sector job creation was considerably less than expected in March, indicating that the labor market's improvements could be stalling.
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The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March. It could provide a rationale for an interest rate cut when central bankers meet on Thursday.
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The death of Laiki, also known as Cyprus Popular Bank, was brutal. Board members said they had fought to the bitter end.
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Australia will force corporate giants to disclose their tax arrangements to curb alleged tax avoidance by multinational corporations.
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Applications for U.S. home mortgages fell last week, as a decline in refinancing activity offset higher demand for purchase loans, an industry group said on Wednesday.
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Cyprus president Nicos Anastasiades has urged judges looking into the country's banking disaster to examine transactions handled by his family law firm as "a priority" in a bid to defuse public anger, the FT reports
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The maker of Chef Boyardee pastas and Hunt's ketchup reported a 57 percent fall in third-quarter profit, hurt by costs related to its acquisition of Ralcorp.
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Verizon Communications Inc said it does not "currently have any intention" to merge with or buy its partner Vodafone Group, either alone or in conjunction with others, in response to press reports.
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Rich Chinese tourists are now looking to spend their mega bucks closer home, choosing Hong Kong and Singapore over London and New York to get their luxury fix, according to an HSBC report.
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Jimmy Fallon signed a contract extension with NBC that will keep him at the network. It is understood the deal will include that he will succeed Jay Leno as host of the "Tonight" show at some point. The New York Times reports.
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Editor's Picks
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Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.
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Baby boomers preparing for retirement are driving a surge in small business sales.
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Restaurant owners are worried that a tough new drunk driving law may hurt their business.
Big Data Download
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Executive Edge
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A brief on the biggest stories of the day, as covered by CNBC.
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A look at the biggest stories covered on CNBC Wednesday.
Off the Cuff
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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.
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Tivo CEO: This Is What Your TV Will Look Like
Politics
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A sudden improvement in the outlook for the U.S. government deficit over the next decade has alleviated some of the pressure on lawmakers to act.
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US lawmakers accused IRS leaders of lying as they began investigating the agency's targeting of conservative groups.
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CNBC's Eamon Javers discusses what was a tough day for Steven Miller, who was ousted from his post at the IRS this week.