Home sales were essentially flat in April; the big news came in inventory, reports CNBC's Diana Olick.» Read More
India's central bank is widely expected to make a modest cut in interest rates later on Tuesday to support an economy set for its slowest growth in a decade, with a deeper cut unlikely due worries over the fiscal and external deficits and inflation.
SIGTARP is criticizing the Treasury's Office of the Special Master for approving pay plans at AIG, GM & Ally, reports CNBC's Mary Thompson.
The Federal Reserve is set to release its stress test results for big banks on March 7th, reports CNBC's Bob Pisani.
For a man who has emerged as the Justice Department's great white whale in its insider trading investigation, Steven A. Cohen, the billionaire owner of the hedge fund SAC Capital Advisors, does not appear concerned.
Monte dei Paschi di Siena said on Sunday it was seeking a financial investor as the political storm over a derivatives scandal at the ailing bank intensified ahead of next month's Italian election.
German regulator BaFin has launched a special probe against four lenders including Deutsche Bank as part of an investigation into possible manipulation of the Europe Interbank Offered Rate (Euribor), the Sueddeutsche Zeitung newspaper reported on Monday.
Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility.
Japanese Prime Minister Shinzo Abe, vowing to overcome what he called an economic crisis facing the nation, urged the Bank of Japan (BOJ) on Monday to hit its inflation target as soon as possible, keeping up pressure on the central bank to make good its promise of bolder action to overcome deflation.
China's central bank is signaling it is abandoning its traditional role in the domestic currency market as the ready supplier of liquidity, forcing corporations to bear more risk so that they learn how to cope with a more volatile yuan.
Japan's economy minister rejected criticism on Saturday that his country's extraordinary fiscal and monetary stimulus program was aimed at weakening the yen and undermined central bank independence.
BlackRock has taken an $80 million stake in Twitter, a person with knowledge of the deal said. BlackRock will buy shares directly from early Twitter employees seeking to liquidate their stock holdings and options.
Discussing just how much of an issue the U.S. debt debate has been on the progress of business and the economy around the world, with Christine Lagarde, International Monetary Fund managing director, and CNBC's Maria Bartiromo.
Discussing the options for investors in a tough market, with Kenny Polcari, O'Neil Securities; Jim Iuorio, TJM Institutional Services; Jeff Kilburg, KKM Financial; and Hugh Johnson, Hugh Johnson Advisors, weighs in. Also, a look at Blankfein's optimism, with CNBC's Mary Thompson.
It is difficult to export and compete with the U.S. due to the high euro/dollar exchange rate, which should be around parity, says Giuseppe Recchi, chairman of Italy's Eni.
CNBC's Kayla Tausche looks back to January 2007 to see how financial stocks have fared since their highs prior to the collapse.
The so-called Troubled Asset Relief Program has neared the end of the road. And its key architects have moved on.
CNBC's Andrew Ross Sorkin sits down with Lloyd Blankfein,Goldman Sachs chairman & CEO, at the World Economic Forum in Davos, Switzerland, to discuss the impact of regulations on banking and the outlook on M&A activity in the coming year.
CNBC's Andrew Ross Sorkin sits down with Lloyd Blankfein,Goldman Sachs chairman & CEO, at the World Economic Forum in Davos, Switzerland, to discuss the global economic outlook. The U.S. economic environment is "very good," he said.
A federation of U.S. labor unions is looking to force JPMorgan Chase's board to consider breaking up the company after the disastrous "London Whale" affair, but the bank is trying to ensure that its shareholders do not get to vote on the union's proposal.
Morgan Stanley CEO James Gorman made $6 million in total compensation for 2012, far less than his $10.5 million bounty in 2011.
The attention on American corporations offshore tax arrangements obscures Luxembourg's retreat from banking secrecy, the NYT reports.
Stephen Koseff, CEO of Investec, talks about full-year earnings and the company's strategy of diversifying away from capital intensive business.
The bonus system is no longer fit for purpose and should be scrapped. No bank will ever be brave enough to do this on its own.