Hyundai Motor America and Kia Motors America, which have long marketed their cars as among the most fuel efficient models on the road, now admit that they overestimated the MPG rating for nearly 900,000 of its 2011-13 models.
The October jobs report was encouraging, but it doesn’t change the outlook for still sluggish economic growth, Jan Hatzius, Goldman Sachs' chief economist, told CNBC’s “Squawk on the Street” on Friday.
CNBC.com presents a list of competitive activities for kids, and what parents can expect to pay for their child’s involvement. Some are academic, some are in the arts and some are meant to develop strategic thinking. But all of them carry a price tag much higher than you’d expect.
American job creation improved in October with 171,000 new jobs but the unemployment rate moved higher to 7.9 percent, setting the stage for a final push to the finish line in the heated presidential campaign.
From India and Indonesia to Brazil, the cost of an iPhone is often double or triple, the price in developed countries, due mostly to a lack of availability and subsidies from mobile network operators.
Pandora's CEO remains upbeat about competition in the mobile-music space despite the fact that tech titans like Apple, Google and Microsoft are moving in. Everybody smile!
LinkedIn’s focus on professionals is working: The company reported better-than-expected third quarter results and raised its revenue guidance for the whole year.
The coffee retailer reported quarterly earnings that topped analysts' expectations by a penny and announced that it would hike its dividend by 24 percent.
A U.S. economy already hampered by the possibility of deep fiscal retrenchment must now grapple with the “enormous hit” of Hurricane Sandy, a top Wall Street economist said Wednesday.
A handful of U.S. retailers expect the massive storm that hit the U.S. East Coast this week to hurt sales in November, while overall holiday sales should still show the slow growth that was forecast before Sandy hit.
The fact that Hurricane Sandy was downgraded before it made landfall on the East Coast will save homeowners potentially thousands of dollars in home insurance deductibles.
Worried about the macro problems in Europe and the U.S., investors have become far too bearish, legendary hedge fund manager Julian Robertson told CNBC on Thursday.
The private sector created a better-than-expected 158,000 jobs in October, while jobless claims edged lower and productivity rose about as much as expected.