South Dakota man sentenced over railroad workers' lead poisoning at Idaho job site APNewsBreak: Bank of America reaches $17 B settlement with US over sale of securities Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion Stocks higher for third day, despite signals from the Fed about raising interest rates Some Fed officials argue that economy is improving fast enough to signal lower support As Yellen prepares to detail her economic outlook, 6- month Fed honeymoon is likely to end soon Apple's stock soars to new high amid rising hopes for bigger-screen iPhone, other new products Target cuts annual profit outlook as retailer continues to reel from breach Berkshire Hathaway to pay $896,000 penalty for not notifying regulators about 2013 USG deal Icahn discloses 8.5- pct stake in Hertz, plans to have talks with rental car company» Read More
The financial reform bill is moving closer to guaranteeing two critical functions: that taxpayers will never again have to spend billions to rescue failing banks, and that institutions will never be considered 'too big to fail,' Treasury Secretary Timothy Geithner told CNBC.
A former I.B.M. senior executive pleaded guilty on Monday to providing confidential information about Advanced Micro Devices and Lenovo to a friend who was a hedge fund consultant and an alleged participant in a wide-ranging insider trading scheme.
The SEC now has more staff with experience with complex financial products in the agency and has more financial crisis-related cases in the works, Mary Schapiro, chairman of SEC, told CNBC Monday.
Now that President Obama has rammed through his trillion-dollar gut renovation of U.S. health care, here are six provocative questions on what we have wrought.
The smell of pot hung heavy in the air as men with dreadlocks and gray beards contemplated a nightmarish possibility in this legendary region of outlaw marijuana growers: legal weed.
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The White House is revving up its lobbying efforts to help Senate Banking Chairman Christopher Dodd win enough support in the full Senate for a financial reform bill, sources tell CNBC.com.
Mail delivery could be trimmed back to five days a week, a move that could save the postal service three billion dollars annually, officials say.
For months, Wall Street banks and the troubled automakers feverishly protested that their top executives would flee if they were not lavishly rewarded for their talents. New data, however, suggests the departures were more of a trickle than a flood. The NYT explains.
Considering health care reform went through, can the Wall Street crackdown be far behind?
Senate Banking Committee Chairman Christopher Dodd (D-Conn.) finally unveiled his financial reform legislation. It was not worth the wait.
When Josh Beckett pitches for the Red Sox at Yankee Stadium, New York collects income tax on the portion of his salary earned in New York State. But what about a Boston Scientific sales representative who comes to New York to pitch medical products to a new client? New York wants a slice of that paycheck, too.
The day the President signs this into law could be viewed by a near-future generation of Americans as a day of infamy -- if we let it.
With the stage set for a historic showdown over landmark health legislation in the House, the White House and Democratic Congressional leaders winnowed their hunt for votes to a slim list of lawmakers....and acknowledged that the margin of victory would likely be razor thin even under their most optimistic scenario.
That President Obama has come within a whisper of passing historic social legislation is remarkable in itself. But the story of how he did it is not his alone.
President Obama and House Democratic leaders worked furiously on Saturday to secure the votes needed to pass landmark health care legislation, with the outcome hinging on their effort to placate a small group of lawmakers who want the bill to include tighter limits on insurance coverage for abortions.
All eyes will be on the health care sector this weekend as reform lands center stage!
An organization that is supposed to represent the interest of 59,000 Catholic nuns has come out in favor of the Senate version of the health care bill despite language that allows Federal money for abortions. I didn't think there were 59,000 nuns in the world. And I don't need that many to tell me anything.
My old pal Jim Cramer and I reunited last night to discuss the impact Obama-Care will have on the stock market and economy if it passes.
JPMorgan Chase recorded some repurchase trades as sales, the same accounting gimmick that spawned Lehman Brothers’ now-infamous “Repo 105s”, suggesting that the failed bank was not alone in its interpretation of a new accounting rule.