More From Money

  • Housing starts mostly for apartments Friday, 16 May 2014 | 10:23 AM ET
    Site superintendent Grant Cooksey of the Ramage construction company inspects a work site at the Norton Commons subdivision in Louisville, Ky., on Tuesday, May 13, 2014.

    Housing starts were up in April by 13 percent, but that was driven by a 43 percent monthly jump in buildings with five or more units.

  • Another rude awakening for millennials Thursday, 15 May 2014 | 10:32 AM ET

    Graduating college students are overwhelmingly expecting on-the-job training, but here's what's really in store.

  • Million-dollar homes: Vacation edition Friday, 16 May 2014 | 8:38 AM ET

    As the housing recovery sputters, vacation home sales are surging back. CNBC reporters look at seven stunning homes. Think beach!

  • The road rage capital? It's not NYC Thursday, 15 May 2014 | 12:55 PM ET

    The cities best known for road rage last year have made a concerted effort to clean up their act, according to a recent survey.

  • 'Smoothing' may hit this retirement fund Friday, 16 May 2014 | 6:24 AM ET
    New York Gov. Andrew Cuomo

    New Yorkers who rely on the state pension fund for their retirement may be short-changed as a result of one of Gov. Andrew Cuomo's policies.

  • Obama lists assets worth up to $7.15 million Friday, 16 May 2014 | 7:01 AM ET
    President Barack Obama

    President Barack Obama lists assets worth between $1.95 million and $7.15 million, of which $1 million to $5 million were in Treasury notes.

  • Bojangles dishes about expansion plans Friday, 16 May 2014 | 7:51 AM ET

    'I think we could go up and down the East Coast, further west, and maybe the Midwest,' said one Bojangles' executive.

  • Fewer rich Russians hit this luxury brand Friday, 16 May 2014 | 5:58 AM ET

    Fewer wealthy Russians have been shopping in Italian luxury brand Salvatore Ferragamo's European stores, its CEO told CNBC.

  • Pinterest valuation upped to $5B Friday, 16 May 2014 | 8:44 AM ET
    The social media effect: Retailers continue to be a big beneficiary of Pinterest.

    Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday.

  • World's fastest ocean liner turns 10 Friday, 16 May 2014 | 9:46 AM ET
    Queen Mary 2 in New York harbor

    The Carnival-owned Queen Mary 2 docked in New York City for anniversary celebrations.

  • Military dream: One system, many drones Friday, 16 May 2014 | 7:20 AM ET
    Maintenence personel check a Predator drone operated by U.S. Office of Air and Marine (OAM), before its surveillance flight near the Mexican border on March 7, 2013 from Fort Huachuca in Sierra Vista, Arizona.

    The Defense Department has approved international sale of drones with an operating system that works on other drones.

  • UK's wealthy are getting richer Friday, 16 May 2014 | 3:40 AM ET

    The richest 20 percent owned just one percentage point more of the country's total household wealth in 2012 than they did in 2008.

  • Was top NYT editor fired over pay? Friday, 16 May 2014 | 5:20 AM ET
    Jill Abramson

    The abrupt firing of New York Times executive editor Jill Abramson was about her management style and not a disagreement over pay, the publisher said.

  • Gas prices seem to defy gravity Thursday, 15 May 2014 | 12:17 PM ET

    As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.

  • Here's why India's election matters Friday, 16 May 2014 | 7:43 AM ET
    BJP prime ministerial candidate Narendra Modi addressing an election rally on April 3, 2014 in Ghaziabad, India.

    Here's why you should care about India's election.

  • JC Penney results beat; shares jump Thursday, 15 May 2014 | 4:03 PM ET
    A man looks at apparel at the J.C. Penney Co. store inside the Glendale Galleria shopping center in Glendale, California.

    JC Penney reported a quarterly loss and revenue that beat analysts' expectations on Thursday.

  • AMA says Medicare data 'flawed' Thursday, 15 May 2014 | 6:36 PM ET

    Recently released Medicare payment data is missing large amounts of information, the AMA said.

  • Chipotle shareholders nix CEO pay plan Thursday, 15 May 2014 | 2:32 PM ET

    Chipotle shareholders voted overwhelmingly to reject the way the fast-food company compensates senior executives.

  • Well blow me down! $28M for 'Popeye' Thursday, 15 May 2014 | 12:03 PM ET
    Steve Wynn, speaking in Boston, Jan. 22, 2014.

    Steve Wynn was strong to the finish and laid out the spinach, snapping a Jeff Koons sculpture of Popeye for $28 million.

  • What goes into a 100-year-old cognac? Thursday, 15 May 2014 | 11:58 AM ET
    Distillers analyze cognac at Remy Martin.

    Remy Martin just appointed its youngest-ever cellar master—who's making spirits you won't drink until 2114.


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