Former JC Penney CEO Allen Questrom explains why Michael Kors' stock has dropped so much and why it's an industry-wide problem.» Read More
The long-discussed "Great Rotation" won't be from bonds to stocks but will be within the bond market, BlackRock Chairman and CEO Larry Fink told CNBC.
Citibank plans to reissue all customer debit cards involved in the data breach at Target, making it the second major bank to do so. The NYT reports.
The vice chairman of Blackstone explains why the market is due for a plunge.
Korea Investment Corp will decide whether to sell its $1 billion stake in Bank of America, after watching its value fall by half since 2008.
Shopping for a few "must have" investments could be key to portfolio performance in 2014.
Deutsche Bank, Germany's biggest bank, has suspended several currency traders in New York in an internal probe.
Decent U.S. data is leading most traders to think the economy is showing improvement, and to stock pick based on "micro" developments.
Bank of America reported an eight-fold jump in fourth-quarter profit, driven by a steep fall in the bank's provisions to cover bad loans.
A U.S. Senate is set to grill regulators on plans to address the risks of banks' involvement in physical commodities markets.
If Obama's three nominees to the Fed are approved, the country would have a dream team at the head of the central bank, says Pimco's Mohamed El-Erian.
A market correction is approaching the level of near certainty as Wall Street faces a major paradigm shift in how to achieve price gains.
Advisors and analysts say a recovering economy, and the Fed's taper and zero-interest-rate policy, could complicate investment planning in 2014.
If December's reading on U.S. employment had traders scratching their heads in confusion, it presents an ever greater question mark for Janet Yellen.
It's "absurd" to pay any attention to US nonfarm payrolls data, influential investor Dennis Gartman told CNBC.
As recruiting season for summer interns ramps up, several banks are relaxing rules for their junior employees. The WSJ reports.
Global bank regulators agreed to ease the way a new rule, meant to rein in risk, is compiled to try to avoid crimping the world's economy.
China stocks' low valuations may look mouthwatering to bargain hunters, but below the surface, the market may not be as cheap as it looks.
European banking stocks could see a 35 percent rise this year backed by attractive valuations, the CEO at TCMG Asset Management said.
Men's Wearhouse's largest shareholder, Eminence Capital, plans to support the retailer's $1.61 billion offer for rival Jos. A. Bank, the Wall Street Journal reported, quoting people familiar with the matter.
The data-driven policy actions that the Fed says it uses to steer economic growth and price stability perfectly fit the metaphor of visual navigation.
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