A U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches.» Read More
Bank of America is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold.
US prepares a lawsuit against Angelo Mozilo in a final effort to target the figure most associated with the subprime mortgage boom which preceded the financial crisis.
The latest Fed minutes suggest a rate increase sooner than later but there are a few factors to consider since the last Fed meeting, says Ron Insana.
Bain's investment will be used to accelerate TOMS' business program and support its philanthropic activities, a source said.
Pimco's New York location is addressing an "isolated issue with insects," and as a precautionary measure, is fumigating certain areas of its office.
BofA reached a record $17 billion settlement over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.
Most Americans don't realize the market gained 30 percent last year, and only 1 in 9 call themselves savvy about investing, according to a survey.
Billionaire investor Carl Icahn revealed he owns an 8.5 percent stake in Hertz and plans to pressure the rental car company's management.
A lot more money might be required to invest in private funds given new rules under consideration at the SEC.
Forget the headlines and the charts: Despite the loopy market behavior recently, investors are downright apathetic.
Two members of the Bank of England’s interest rate-setting committee voted to raise interest rates in August, as pressure builds to raise rates.
The time has come for the Fed to get off its zero-rate policy, says economist Craig Dismuke. Here are five reasons why.
A CNBC Fed Survey finds that market participants expect the coming rate hike cycle to end in the fourth quarter of 2017, at 3.16 percent.
European regulators unveiled more details of the hotly-anticipated stress tests, in an effort to strengthen the region's banks.
Darden Restaurants has told shareholders that Red Lobster smells like week-old fish. But to other investors, it was described as a treat.
Five S&P Technology companies have gone public since Google's debut one decade ago, including MasterCard and Facebook, here's how they've done.
Economist David Rosenberg is famous for turning from a bear to a bull. Now he's reconsidering.
Family Dollar wouldn't have been acquired without his prodding, activist investor Carl Icahn says.
Behind the numbers is a disconcerting brew of statistics that shows the jobs market is far from full health.
Citigroup told the US appeals court that Argentina's banking license may be at risk as a result of the standoff between the country and hedge funds.
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Six hedge fund managers gave their best investment ideas at an exclusive—and private—Morgan Stanley conference. Here are their picks.
Michael Karsch is hoping to apply the lessons of juice to his old business of hedge funds.
The currency war is getting out of control. Here's a snapshot of the week so far in central banking.