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The U.S. government is considering expanding its mortgage refinancing program to include borrowers whose mortgages are not backed by Fannie Mae and Freddie Mac, the Wall Street Journal reported.
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The recent rash of insider trading cases may be a shock to some on Wall Street, but not to one long-time market player: Bernie Madoff. In a Christmas Eve letter from the medium security federal prison in North Carolina where he is serving a 150-year sentence for running a massive Ponzi scheme, Madoff tells CNBC that insider trading has been around "forever."
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U.S. holiday retail sales this year were the weakest since 2008, when the nation was in a deep recession.
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The cost of raising a child born in 2011 climbed to $235,000, one survey found. For upper-income families, the bill nears $500,000.
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It's hard to see how lawmakers can avoid touching health insurance if they want to eliminate loopholes and curtail deductions so as to raise revenue and lower tax rates.
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Now what? With the "fiscal cliff" talks stalemated and the deadline days away, where do Obama and Congress go from here? Here are some possible scenarios.
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President Obama, trying to break the stalemate over the fiscal crisis, challenged Republicans on Friday to agree to a quick deal to prevent a tax increase for all but the wealthiest Americans and the expiration of long-term unemployment benefits.
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Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled.
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Top U.S. lawmakers voiced rising fear on Sunday that the country would go over "the fiscal cliff" in nine days, and some Republicans charged that was President Barack Obama's goal.
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A group of 25 entrepreneurs, academics and wealthy heirs told Congress the estate tax should be higher than President Obama’s current proposal.
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McLaren Automotive's new P1 "super car" made its North American debut this week in New York.
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Stocks slumped nearly 1 percent on Friday, but closed off the worst levels of the session, after a Republican plan to avert the "fiscal cliff" fell apart, raising fears a deal will not be reached before the end of the year.
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The rush to buy guns comes in the wake of last Friday's massacre in Newtown, CT. Twenty year old Adam Lanza shot twenty children between the ages of six and seven, and six adults at Sandy Hook Elementary School.
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Facebook is testing a new feature that would allow users to pay $1 to send a message to a stranger's inbox.
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Hedge-fund manager Bill Ackman is short Herbalife and has told people he considers the business a “pyramid scheme.” Herbalife CEO Michael Johnson sharply denied the allegations.
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Here is a simple way to think about the political calculus of Washington's latest twists and turns.
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Amazon is investing in original shows with six comedy pilots for its Amazon Instant Video streaming service.
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The wealthy generally support higher income taxes, and that their support is growing, a new survey found.
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The threat of a longshoremen's strike that could close 15 ports from Massachusetts to Texas has shipping industry leaders, manufacturers and retailers warning of a "devastating blow" to the supply chain.
