The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.» Read More
JPMorgan Chase has avoided a third successive showdown with shareholders, the Financial Times reports.
Virtually everyone on Wall Street knows that Ackman's Herbalife bet has cost him so far. Now we know exactly how much.
Fannie Mae posted quarterly net income of $6.5 billion and will have repaid its full government bailout after paying its fourth-quarter dividend.
A Fed debate is growing over whether it should stand ready to raise rates to prick any asset bubbles that its regulatory tools might fail to address.
Royal Bank of Scotland is preparing a dramatic retrenchment that would see it become a much smaller U.K. retail and commercial bank. The FT reports.
Bankers and those in the expanding legal marijuana business say new guidelines from the Obama administration aren't enough. They want Congress to act.
Dana Giacchetto, a former money manager whose extensive fraud was a subject of CNBC's "American Greed," is back to his old tricks.
With three mergers totaling more than $110 billion in just the past week, 2014 could be the year of the megamerger, as cash-rich companies hunt for growth.
WhatsApp's massive purchase price suggests Blackberry's BBM has real value. But Blackberry may not have what it takes to harvest it.
Wal-Mart's 2015 guidance, well below consensus, is the major concern for traders.
Bitcoin probably will need more than a little Winklevoss buzz to restore the cachet it has lost through some high-profile embarrassments.
More than just the founders of WhatsApp win big in the $16 billion deal with Facebook.
Deutsche Bank ended its decade-long battle with the heirs of late media mogul Leo Kirch on Thursday.
Futures soared on forecasts of another polar vortex descending on North America and unusually cold temperatures in March.
For the first time since 1995, investors can invest directly in QVC. The shopping network has survived the digital shift surprisingly well.
Capital One is revisiting a policy that allows bank workers to make personal visits to customers and identify themselves in any manner they choose.
JPMorgan Chase is planning more job cuts in its mortgage business due to be slashed because of plunging demand for home loans. The FT reports.
Hope that companies will begin deploying cash to grow sales and hire workers remain just that—hope that it will happen but defied by reality.
So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.
As industries like technology, media and consulting compete for talent, Wall Street is struggling to hang on to young and restless analysts.
Hedge fund manager Bill Ackman renewed his attack on Herbalife on Tuesday.
Detroit looks to emerge as a winner from its bankruptcy, with bondholders and municipal borrowers the biggest losers.
Prominent money managers are warning of a bubble in some technology stocks and recommend avoiding emerging markets.
There is hope on the saving front, as 87 percent of CNBC readers polled said they would save money if they got a windfall.
No matter your generation, there are steps pre-retirees can take to help build their 401(k).
The financial services industry can help investors paralyzed with indecision by offering fewer portfolio options.