Point72 Asset Management, the revamped firm of the billionaire investor Steven A. Cohen, generated a profit of nearly $1 billion for the first half.» Read More
Groupon is building warehouses for its physical goods business, creating competition for Amazon. Should Amazon just buy Groupon? R.J. Hottovy of Morningstar offers insight.
As U.S. authorities are seeking over $6 billion in damages from JPMorgan, the "Squawk on the Street" team dissects the implications for America's largest bank.
Unintended consequences are in part to blame for volatile markets. To paraphrase Donald Rumsfeld, it's not the known unknowns that worry traders, it's the unknown unknowns.
"Buy gold and sell euros," closely followed investor Dennis Gartman tells CNBC, citing the Syria crisis.
On Tuesday a former bank executive in Missouri pleaded guilty to criminal charges after using $381,000 of federal money to buy a waterfront condominium.
Bank ratings do not show the impact of the slowdown in emerging economies or the more sustained recovery in developed countries. Europe still leads the list of the world's safest banks.
Convicted insider trader Raj Rajaratnam is allegedly living like a king behind bars, with CNBC's Andrea Day. The New York Post says he has his own bathroom, an adjustable bed and a balcony in prison.
Reports that convicted insider trader Raj Rajaratnam is living like a king in federal prison are "rubbish," according to a source. He's a sick man serving a long sentence.
According to the New York Post, convicted insider trader Raj Rajaratnam has his own bathroom, an adjustable bed and a balcony in prison. CNBC's Andrea Day offers insight.
Following the JCP Ackman blowup and a tough quarter at Sears, turnaround expert Marcus Lemonis told CNBC he's "not sure" the market can handle both retailers.
The Dutch government has agreed a further $8 billion in budget measures to honor the European Union's deficit ceiling next year, Finance Minister Jeroen Dijsselbloem told reporters.
Imprisoned inside trader Raj Rajaratnam may be getting more inside help behind bars. The New York Post says he has an adjustable bed and balcony and a "manservant" on call.
Henry M. Paulson Jr. on bonuses during the 2008 financial crisis: “There was such a total lack of awareness from the firms that paid big bonuses during this extraordinary time.”
The move to terminate the trading rights of 1,300 American Airline employees is actually a sign that T. Rowe Price is looking out for customers.
A top litigation lawyer for JPMorgan Chase is leaving the bank as it faces mounting regulatory headaches, lawsuits and investigations, sources tell The Wall Street Journal.
CNBC's Bob Pisani talks with William O'Brien Direct Edge CEO, about the benefits of combing the two companies.
You can't even blame the grim U.S. durable goods number on a statistical fluke. This was the most high profile data point this week, and greatly complicates the taper talk.
In the 1990s, U.S. banks used life insurance to bet that their employees would eventually die. Now those wagers are coming back to haunt Wall Street banks.
Chris Raymond, Robert W. Baird analyst, discusses details of the fifth-biggest biotech deal in history, and the expanding field of biotech cancer drugs.
T. Rowe Price Group has permanently banned about 1,300 American Airlines employees from trading among its funds in their 401(k) retirement plans.
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