The Federal Reserve may go from moving the goal posts to removing them altogether when it comes to setting interest rate expectations.» Read More
Struggling retailer J.C. Penney is adopting a "poison pill" just two days after reporting its sixth straight quarter of big losses and steep revenue declines.
CNBC's Amanda Drury and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
Wells Fargo is cutting 2,300 jobs from in the mortgage production unit,the company said on Wednesday.
The exchanges have no idea how frequently that clearly erroneous trades occur.
Lowe's profit blew past Wall Street expectations, but valuations are looking somewhat stretched. Is this the top for home improvement?
Twenty-three year old Sam Barnett, SBB Research Group, discusses how he is using his professional gig to fund his tennis career, all while pursuing a Ph.D. at Northwestern University.
Goldman Sachs experienced a trading glitch that caused a huge batch of erroneous trades Tuesday. Many may be canceled but the snafu could still cost Goldman upwards of $100 million.
CNBC's Michelle Caruso-Cabrera and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
Following several federal probes of JPMorgan Chase, Dick Bove argues the government is trying to break up the Wall Street giant, making its stock "dead money" in the near-term.
Hedge funds are known for their hefty returns but increased competition may force them to lower fees. Jane Buchan, Pacific Alternative Asset Management, and CNBC's Ron Insana discuss what is driving the competitive pricing.
Another hedge fund has taken a bullish position in retailer J.C. Penney, sending the shares soaring on Tuesday.
The Fed says some banks are not taking into account the possibility of falling house prices when valuing certain mortgage-related assets. The NYT reports.
The investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win business is sending shudders through Wall Street.
Shares of Herbalife are spiking on news another hedge fund has taken a long position on the nutritional supplement marketer.
There is more carnage in emerging markets that's triggering a flight to quality and driving down U.S. Treasury yields.
CNBC's Scott Wapner says the hedge fund has added to its position over the past six weeks. According to sources the firm believes the stock is cheap and not a "pyramid scheme," reports CNBC's Dominic Chu.
Barnes & Noble reported a deeper loss as sales of its Nook device and e-books continued to plunge, and its founder pulled the plug on his plan to buy its stores.
CNBC's Josh Lipton reports there were about 30 objections filed to the bankruptcy of Detroit. Gov. Scott Walker (R-WI), where Detroit went wrong and Wisconsin went right.
The Justice Department is looking into whether JPMorgan Chase improperly manipulated energy markets in the United States, according to a report.
Billionaire fund manager Philip Falcone agreed to a five-year ban from the financial industry and will admit wrongdoing to settle charges by the SEC.
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The central bank may go from moving the goal posts to removing them altogether when it comes to setting interest rate expectations.
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Relational Investors will be winding down its operations and dissolving its $6 billion portfolio by the end of the year.