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
John Kay, economist and visiting professor of economics at LSE, explains that the "basic mechanism" of the financial crisis is built into the current system, as it's geared towards the creation of bubbles.
Bank of America's proposed $8.5 billion settlement offers investors more than they are likely to get if they go to trial, a lawyer argued Monday.
CNBC's John Harwood reports the IRS is under fire for its "Cupid Shuffle" dance video, and spending $50 million in conferences.
Dell urged shareholders on Friday to vote for the $24.4 billion buyout offer led by founder and Chief Executive Michael Dell at a special meeting on July 18.
As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.
The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.
U.S. authorities said on Tuesday they have shut down a Costa Rica-based money transfer company that allegedly provided a digital currency used around the world by cyber-criminals.
A federal court ruled that a Comcast affiliate should have been allowed to put the Tennis Channel in a different cable television subscription tier than its own sports network.
The Republican-dominated House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
Tesla described itself as the only American car company to have fully repaid government loans, but Chrysler called that statement "unmistakably incorrect."
John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.
Thousands of Connecticut commuters faced delays and crowded trains on Monday as Metro-North workers scrambled to repair damage on the United States' busiest rail line.
GE Capital, the financial arm of industrial giant General Electric, will return $6.5 billion worth of dividends back to its parent company over the course of the year.
Investors had every reason not to trust the market after last year's Facebook fiasco—a high-profile IPO gone bad on multiple levels. Yet trust is coming back.
As the real estate and employment markets improve, people are not longer stuck in houses they've outgrown or jobs they can't stand—and they're shedding other baggage as well.
Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
Glass Lewis advised Goldman Sachs shareholders to vote against the company's executive compensation proposal as well as director James Johnson due to disappointing performance.
Thousands of private messages sent between users of Bloomberg's financial terminals have leaked online.
Two ranking JPMorgan Chase directors issued a letter to shareholders arguing against recommendations by proxy advisory firms to split the duties of the chairman and CEO.
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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.
Hobbyists frustrated with markets and able to hold investments for years are turning to tangible assets, such as stamps.
Moving past grief to grow, widows must take charge of finances, updating their estates and making their own decisions.
Rising rates will impact consumers beyond bond portfolios, affecting credit card bills, auto loans and more.