The Fed indicated to Citi that it would get more time to fix certain "stress test" planning problems before rejecting its capital plan.» Read More
Even as a shift in U.S. prosecution policy gives states more leeway to legalize marijuana, the companies that dispense it are likely to have trouble finding a bank.
Ackman's Pershing Square is largely flat for the year after a bruising August in which the hedge fund lost 3.6 percent, according to sources.
The founder of Common Sense Investment Management Jim Bisenius has been busted in a prostitution sting. CNBC's John Carney has the details.
CNBC's Kate Kelly reports SAC Capital is announcing a staff retention program today.
The founder of a $3 billion hedge fund, Common Sense Investment Management, was arrested last week for soliciting prostitution.
Coase, who died at the age of 102 on Labor Day, was one of the most influential economic thinkers of the past 100 years. So what can we learn about the financial crisis from him?
The Nasdaq had another problem with the main data feed that was at the center of the outage that brought trading in Nasdaq securities to a halt for about three hours nearly two weeks ago.
Following the confirmation of Vodafone's $130 billion-deal with Verizon on Monday, merger and acquisition (M&A) activity is set to boom according to an upcoming report.
Banks' laundry lists of fees are growing, with the average account carrying 30 different potential charges. But avoiding them is still relatively easy.
Richard Lloyd Owen, head of M&A services at Deloitte, tells CNBC that the exciting M&A deals in the last few weeks may be a good omen for the sector.
Microsoft is buying Nokia's handset business for $7.2 billion, and Verizon will pay $130 billion to buy Vodafone's 45 percent stake in the company, reports CNBC's Seema Mody. Ron Kruszewski, Stifel Nicolaus, and CNBC's Dominic Chu, weigh in.
CNBC's Jon Fortt has the latest details on Microsoft's $7.2 billion acquisition of Nokia's devices unit. And Gene Urcan, Cappello Capital; and Carol Roth, "The Entrepreneur Equation" author, debate the financial implications of the merger.
Consolidation in the telecom world may make for some big paydays; CNBC's Kayla Tausche has the story.
After charges of insider trading were filed in July, investors began pulling money out of SAC Capital. CNBC's Kate Kelly shares how the firm is looking to stay afloat.
In recent months, SAC's portfolio managers have been talking in earnest, both with management and among themselves, about how converting to a so-called family office would work.
Lothar Mentel, CIO of Paradigm Group at Tatton Investment Management, says that the two big M&As announced on Monday and Tuesday show that cash is "finally getting spent".
Kim Forrest of Fort Pitt Capital Group assesses Nokia's $7 billion dollar deal with Microsoft.
Alex Stubb, Finland's minister for European Affairs and foreign trade, says Nokia is part of Finland's "DNA" and that the deal proposed is "actually quite good".
Ian Fogg, head of mobile analysis at IHS Electronics and Media, says the Microsoft deal with Nokia will give the U.S. giant the opportunity to innovate more quickly, but highlights the "enormous" challenges ahead for Nokia.
Former HP chairman & CEO, weighs in on Microsoft's acquisition of Nokia's handset business and how it may impact the PC giant's cellphone business. "Not sure if it's a great strategy going forward but it's logical" she says.
Get the best of CNBC in your inbox
Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
Happy Wednesday. We now return to our regularly scheduled program of spring.
Major market averages may not have much further to fall before indicating that something considerably worse is in store.
Hobbyists frustrated with markets and able to hold investments for years are turning to tangible assets, such as stamps.
Rising rates will impact consumers beyond bond portfolios, affecting credit card bills, auto loans and more.
Scammers are exploiting Heartbleed fears, so purported fixes might be ploys to get access to financial information.