The Fed gave banks more time to meet a provision in the Volcker rule that bans them from betting with their own money through investments in risky hedge and private equity funds.» Read More
Proxy advisory group ISS has urged Twenty-First Century Fox Inc shareholders to vote against the reelection of Chairman Rupert Murdoch and some other board members at an annual shareholders meeting this month, criticizing the company's adoption of a poison pill.
Billionaire hedge funder John Paulson explains why his Steinway purchase is not just business, it's personal.
Demand for dollar cash outside the US surged with market participants paying higher premiums for dollars to tide them over a mid-October deadline.
Jes Staley doesn't believe Wall Street is being too complacent to the possibility of a default.
"The conditions for a loss of confidence are here right now," said the hedge fund manager who runs $22 billion Elliott Management.
The prospect of a Grand Bargain in Washington is still alive. An elusive deal could end the shutdown, increase the debt ceiling, and possibly approve the long-delayed Keystone XL.
Top analysts and investors were surprised last month by the Fed's decision to hold off on curtailing its $85 billion a month bond program, according to Institutional Investor.
Hedge fund titan Carl Icahn announced that he had purchased about 61 million shares of the oil and gas explorer Talisman, and shares spiked.
FX Concepts, a hedge fund that tries to predict trends in currencies and foreign exchange, has faltered because of government intervention into financial markets, reports CNBC.com enterprise reporter Lawrence Delevingne.
What happens if we go past October 17? Markets will certainly move lower, and the downside would likely be another five percent.
A protracted government shutdown could disrupt the red-hot IPO market, a Silicon Valley entrepreneur told CNBC.
Apollo Tyres' $2.5 billion deal for Cooper Tire & Rubber has flared into a war of words as the companies haggle over price.
Five years after Lehman Brothers collapsed, families in major countries around the world are still too spooked to take chances with their money.
Most doubt it will happen, but banks are already gearing up for how to handle any US Treasuries tainted by missed payments.
Hedge fund titan Dan Loeb wants Sotheby's to replace its CEO and add board members, including himself.
CNBC's Sue Herera looks ahead to what are likely to be next week's top business and financial stories. September retail sales are due out, but no government data will be available during the shutdown. The Fed minutes, however, will be released.
Stocks ended with modest gains as Wall Street continued to believe that a deal would be struck to get the government back in operation again.
Former Wells Fargo boss Richard Kovacevich said Friday that he stands by the assertion he made last month on CNBC's "Squawk Box" that TARP ruined the banks.
The good news is that the fear of the government remaining shut until the October 17th debt ceiling deadline seems less likely.
What a week on "Squawk Box"! Highlights included Warren Buffett and Hank Paulson on the government shutdown and TARP; Bill Miller talking up two stocks; and the Tesla fire.
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The surging power of activist investors is bolstered by a growing ally: public pensions and other big institutions.
2015 is shaping up as the year the U.S. consumer will have to shine the light for the rest of the world—or else.
Early effects of Russian market turmoil are starting to show up in the U.S., but it's not outright panic.