Less cash flow from oil companies could pinch loan payments to banks but more gas savings in consumers' wallets will create new business.» Read More
The U.S seeks to force SAC to forfeit their profits related to 4 counts of fraud. CNBC's Kayla Tausche reports the latest. Steve Feldstein, Herrick Feinstein; and CNBC's Robert Frank and Jay Carney provide insight to what is behind the government's efforts to effectively wipe out Steve Cohen and SAC Capital.
Hedge fund manager David Einhorn closed a bet against ailing retailer J.C. Penney in the second quarter, according to a quarterly note to investors in his Greenlight Capital.
SAC Capital founder Steven Cohen's $9 billion fortune could be threatened if the government succeeds, reports CNBC's Robert Frank. Cohen's real wealth is his art collection, which dealers say is worth over $1 billion.
Discussing just how good the case against SAC Capital is, and whether the government can get all of Steven Cohen's money, with Matthew Goldstein, Reuters editor, and Solomon Wisenberg, Barnes & Thornburg.
What a week! "Talking Squawk" highlights include earnings out the wazoo, "Carlos Danger" stage names, Cialis performance rankings and National Hot Dog Day.
Municipal bond funds saw outflows of $1.2 billion in the week ending July 24, on concern that Detroit's filing for bankruptcy will set an important precedent and more cities could follow suit.
Simon Smiles, CIO HNWI, UBS Wealth Management, tells CNBC that there is generally still a belief in the hedge funds amongst high net worth individuals.
The world's biggest smartphone maker, reported a second quarter net profit that jumped 50 percent from a year earlier, but its mobile business shrank, underscoring concerns about flagging growth in the division.
Sentiment on the Street suggests restaurant stocks should be avoided. Cramer doesn’t think that’s right.
U.S. Attorney Preet Bharara announced criminal charges today against SAC Capital. Bethany McLean, Vanity Fair; and CNBC's Scott Cohn and Kayla Tausche, discuss.
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Oaktree Capital's Marks thinks that the drop in oil prices could finally expose low lending standards.
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.