The Fed should "explicitly" say it will keep rates near zero until the economy is within a year of reaching Fed goals, a policymaker said.» Read More
CNBC's Scott Wapner says the hedge fund has added to its position over the past six weeks. According to sources the firm believes the stock is cheap and not a "pyramid scheme," reports CNBC's Dominic Chu.
Barnes & Noble reported a deeper loss as sales of its Nook device and e-books continued to plunge, and its founder pulled the plug on his plan to buy its stores.
CNBC's Josh Lipton reports there were about 30 objections filed to the bankruptcy of Detroit. Gov. Scott Walker (R-WI), where Detroit went wrong and Wisconsin went right.
The Justice Department is looking into whether JPMorgan Chase improperly manipulated energy markets in the United States, according to a report.
Billionaire fund manager Philip Falcone agreed to a five-year ban from the financial industry and will admit wrongdoing to settle charges by the SEC.
CNBC's Brian Sullivan and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
SAC Capital started the year with about $6 billion of its $16 billion coming from external assets, reports CNBC's Kate Kelly. Sources say that figure is now at less than $1 billion.
Ray Dalio's hedge fund Bridgewater Associates wants to build a new headquarters in Stamford, Conn. But first it has to defeat a group of boat owners calling themselves the SOBs.
Zillow is buying the New York City-focused real estate company StreetEasy for $50 million to strengthen its foothold in on one of the country's most lucrative markets.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
The Weather Channel's Carl Parker is tracking the latest tropical storms; and discussing whether an increase in hurricanes is changing the insurance industry, with Ted Corless, Insurance Attorney at Corless Barfield Group, and Randy Binner, FBR Capital Markets.
U.S. data is whipsawing Treasury yields. Yet the real story may be retail, where two giants guided lower for the rest of the year.
Activist investors like Carl Icahn have more money and more influence than ever before. Here's what feeding the rise of this sometimes combative style of investing.
Wednesday marks 45 days since the end of the second quarter, or as it's known in the financial community, "13F Day." Some of the world's biggest funds report their holdings.
The U.S Airways and American airlines merger is in jeopardy after the Justice Department filed an anti-trust lawsuit against the plan. Tom Horne, Arizona Attorney General, explains why he is joining the DOJ to block the merger.
Europe is emerging from its economic freeze; retail giant Macy's is another story.
Federal prosecutors in Manhattan on Wednesday criminally charged two former JPMorgan Chase employees with wire fraud and a conspiracy to falsify books.
The former JPMorgan trader known as the "London Whale" will not be prosecuted for the whopping losses he was involved in, as he made a non-prosecution deal, sources told CNBC.
The housing boom in Canada has allowed banks to reduce capital held against mortgage losses. If home prices decline, some of the biggest banks may feel the pinch.
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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.
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.
Lack of insurance literacy could result in a costly surprise when it comes time to make a claim. Some common oversights.