Bullard also tells CNBC he's sticking with his prediction that the Fed should start hiking interest rates late in the first quarter of 2015.» Read More
Federal prosecutors are asking SAC Capital for $2 billion to settle criminal insider trading charges, reports CNBC's Mary Thompson; and CNBC's Michelle Caruso-Cabrera reports President Obama and Iranian President Hassan Rouhani did not shake hands at the UN General Assembly today.
Lawyers for the hedge fund SAC Capital and prosecutors met to discuss a potential settlement of the case.
Dan Niles, Alpha One Capital, said BlackBerry shareholders "should take their money and run" yesterday after news of Fairfax Financial offering $9 per share to take the company private. Larry Fishelson, Dynalink, and Kevin Stadtler, Stadtler Capital, debate the trade for the once smartphone giant.
CNBC's Kate Kelly reports Fed prosecutors allegedly proposed settling the insider trading case with SAC Capital for $1.5-2 billion. SAC lawyers are expected to submit a counter offer in coming weeks.
Carnival, the world's largest cruise line operator, saw profits sink 30 percent after mishaps on its Triumph, Dream and Legend ships.
Settlement talks have resumed, but a US Attorney for the Eastern District of California spokesperson said there won't be an announcement today.
The proposed merger between Applied Materials and rival chipmaker Tokyo Electron will not be allowed by U.S. regulators, CNBC's Jim Cramer said.
The odds of a government shutdown over a spending bill appear to be falling. But the annoying part is the deal may only keep the government funded through November.
Got a beef with your bank? Don't sit there steaming. Complain to the Consumer Financial Protection Bureau, the government's new financial watchdog.
James Gellert, CEO at Rapid Ratings, talks about the Blackberry/Fairfax Financial deal and says that while it could be a "saving grace" for the Canadian group, there are many challenges ahead.
Steve Allan, M&A practice leader at Towers Watson, highlights that M&A deals have declined globally except in the U.S. where acquirers have gone on to outperform.
Charles Liu, co-founder and chair of Hao Capital, tells CNBC that there's lots of cash and not many good assets in China.
ECB President Mario Draghi said another round of cheap loans for European banks could be provided to support the recovery.
Watch the video version of Ray Dalio's Economic Principles.
Be on the look out for more hedge fund "branding" in places like sports arenas and opera houses, reports CNBC's "Squawk on the Street" crew.
Wall Street will be in thrall to Washington, with stocks likely to flounder until we get some clarity on Washington's spending intentions.
The Fed's decision not to taper gives investors a "pretty decent measure of insurance" during uncertain budget times, JPMorgan's Thomas Lee says.
Activist investor Carl Icahn made $430 million when he recently cashed out of his three-year investment in Hain Celestial, CEO Irwin Simon told CNBC.
The market for initial public offerings is "starting to catch fire again," against the back-drop of the planned Twitter IPO, Art Cashin said.
People think fractional reserve banking isn't possible with bitcoins. That's just not true.
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Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
Investors may be warming up to the stock market, but they're taking the safe way in.
Most Americans don't realize stocks gained 30 percent in 2013, and only 1 in 9 call themselves savvy on investing, a survey said.