The housing industry has waited three months to find out how Mel Watt will govern taxpayer-owned mortgage companies Fannie Mae and Freddie Mac.» Read More
CNBC's Darren Rovell shares details of Peyton Manning's meeting with Broncos' Executive VP, Football Operations John Elway and head coach John Fox last week.
CNBC.com ranks the 10 richest people who have sought the U.S. presidency since 1992. Check out the list!
The start-up boom means there are more freshly minted millionaires looking to manage their wealth. And Wall Street firms are happy to help, for a fee. The New York times reports.
Building a house is a mysterious process that is mostly left to professionals. But for some homeowners, buying and in some cases assembling, a prefabricated home holds appeal.
Allen Stanford is expected in court today for a hearing where a judge will determine if he is competent to stand trial, with CNBC's Scott Cohn in Houston.
Despite continuing economic troubles, more Americans are planning to travel this holiday season. The following top 10 busiest cities are those that have the highest percentage of flights during the holidays.
Check out the 10 most expensive college towns, ranked from the least to the most expensive, including two towns from the same state university system.
Loss estimates from Hurricane Irene continued to fall and ratings agencies said insurers would have no problem with claims, helping boost insurance industry shares Wednesday.
Hurricane Irene had long since passed, but a lot of people who were hoping to get on airplanes as airports in the Northeast reopened Monday were not going anywhere anytime soon, reports the New York Times.
Get ready for a bunch of demand-side economists to tell you that the post-Hurricane Irene rebuilding phase is actually a good thing for future economic growth. But don’t believe it. Who has it right?
There is no question that Hurricane Irene will have an impact on quarterly results, Dave Berger, president and CEO of JetBlue Airways, told CNBC Monday.
As the rain has moved past New York City and Long Island and wind gusts have subsided, it seems to me that we can learn some things from the experience that relate to the government's current handling of the economy.
Hurricane Irene was the 'Perfect Storm' for insurers in a different sense of the cliche. The weakened storm that spared New York city from major damage gave the wealthy and rarely hit Northeast enough of a scare because of ominous weather forecasts leading up the storm that property insurers will be able to raise pricing even more next year, according to a Morgan Stanley analyst.
Hurricane Irene will take a very small bite out of a U.S. economy already struggling with debt and unemployment after businesses across the East Coast closed their doors ahead of the deadly storm.
Beaches along the Atlantic coast took a beating over the weekend from Hurricane Irene, which caused heavy damage to some popular seaside tourist towns while sparing others the worst of its powerful wind and waves.
CNBC's Bertha Coombs looks at the impact of Irene on the Port of Balitimore, one of the largest on the East Coast. NJ Transit announces it will not operate Monday. Also, CNBC's Darren Rovell looks at the impact on the economy of Montauk, a haven for the rich and famous on Long Island. Ron Pohl, sr. vp, Best Western International, talks about how Irene has affected his company's revenue and possibly, earnings. And Scott Durchslag, Expedia Worldwide, talks about the impact on the overall travel industry.
Michael Brown, Cold Creek Solutions and former FEMA director, discusses whether officials went overboard in warning residents on the East Coast.
Irene is the country's tenth multi-billion-dollar disaster this year. CNBC's Brian Shactman looks at the impact the blizzards, tornadoes, and now hurricanes, have had on the insurance industry in the U.S. Chuck Watson, Kinetic Analysis Corporation, discusses the dollar damages face by insurance companies, and how they've worked to mitigate losses. The storm, it turns out, was not nearly as bad as was expected.
CNBC's Bob Pisani and Phil LeBeau discuss opening Wall Street and the airlines, respectively. And former American Airlines Chairman & CEO Robert Crandall discusses the logistics of getting airlines and airports back up and running. And millions of homes on the East Coast are currently without power.
Damage from Irene appears to be less than feared, a bit of reassuring news for a fragile economy.