The Dow Jones Industrial Average pierced through levels last seen in 2007 to close at a record high of above 14,200 on Tuesday, boosted by an upbeat ISM non-manufacturing index and amid ongoing monetary support from the Federal Reserve.

Venezuelan President Hugo Chavez has died after a protracted battle with cancer. He was 58.

Though market participants are usually quick to brush off the breaching of psychological landmarks, this one could be different after more than a decade of market trips to the top - and then back to the bottom again.

Swiss voters on Sunday approved what has been dubbed the toughest executive pay rules in the world. Sixty eight percent of voters were in favor of forcing Swiss companies to give shareholders sweeping powers in deciding on executive pay.

This rally in the stock market is real, Goldman Sachs's Abby Joseph Cohen told CNBC, adding that she believes it's supported by the fundamentals.

President Barack Obama raised the issue of cutting entitlements as a way out of damaging budget cuts, as both sides in Washington tried to limit a fiscal crisis that may soon hit America.

While Washington bickers over whether to raise taxes on the rich, the truth is, taxes on the richest Americans are already at their highest in decades.

The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.

Outstanding student debt is beginning to impede the economy as a whole, a new report suggests, chiefly by robbing the housing market of its richest crop of new buyers: young college graduates.

Italy's seasonally adjusted unemployment rate jumped to 11.7 percent in January from 11.3 percent the month before to hit its highest level for at least 21 years, data showed on Friday.

Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.

The Facebook news feed will be getting a face-lift soon, the company said in a press invite to media Friday.

The Cleveland Indians are making the cost of a 12-ounce domestic brew $4.00 at every home game. But, they did not stop there. Hot dogs go from $4.50 to $3.00, charging only $1.00 at 15 specific games. Most other food items will see a 25 percent price cut.