Stocks rose to new highs as investors reacted to strong home-price gains and an unexpected jump in consumer confidence and outlook for the New Year.» Read More
How do you keep up with the Joneses if you and the Joneses already have, well, just about everything? Buy a money-losing newspaper, a high-end Manhattan condo, golden undies.
Most U.S. economic indicators are rosy, but consumer spending data suggest Americans are not as confident as you might expect.
The government reported weaker-than-expected job growth for July, with 162,000 jobs created, while consumer spending and inflation edged upward. Stocks took little notice.
The S&P 500 surged above 1700 for the first time after the government reported the lowest number of unemployment claims since early 2008.
The Commerce Department reported better-than-expected economic growth in the second quarter, with GDP up 1.7 percent, largely due to increased business spending and export growth.
In his latest speech on the economy, jobs and taxes, President Obama proposes cutting corporate taxes, repatriating foreign earnings and infrastructure spending to create jobs.
Who’s best for the markets, Yellen or Summers? Wall Street debates while awaiting Obama’s pick for the next Fed chairman.
Municipal bond investors are wringing their hands, worried that rising rates and Detroit's bankruptcy will undercut prices. Could muni owners lose their preferred status?
Investors drove Facebook shares up by 29 percent after the company announced stunning second-quarter results, including rapid growth in mobile ads sales.
Sales of new homes hit a five-year high just shy of half a million units, the largest annual gain since 1992 as buyers appear to shrug off a jump in mortgage rates.
A riff on the AMC series, "Walking Dead" market is the term favored by LPL Financial's Jeff Kleintop to describe the U.S. market's rise against the forces trying to kill it.
Home sales dipped a tad in June as mortgage rates rose. But prices rose strongly and distressed sales fell, suggesting the housing recovery will remain strong.
Other cities with financial troubles will be watching the legal precedents, as many share Detroit's problems of high unemployment, rising costs and flat or declining revenue.
eBay's earnings fell short of Wall Street's expectations, but CNBC's Jim Cramer says this is time to buy.
When tapering does start, it will be done gradually to mitigate a paralyzing rise in interest rates, Fed Chairman Ben Bernanke said.
The Fed's Ben Bernanke is unlikely to say anything disruptive during his testimony before Congress on Wednesday, which could mark his last as chairman.
Citigroup became the third big bank reporting robust earnings, posting a 42 percent increase in second-quarter profit, after recent solid earnings from JP Morgan Chase and Wells Fargo.
Sens. Elizabeth Warren and John McCain plan to reinstate the Glass-Steagall Act, introducing a bill to break up megabanks—those deemed "too big to fail."
Some hailed Fed Chairman Ben Bernanke’s moderating words late Wednesday as apt given the Federal Reserve’s dual mandate of maximum employment and price stability.
Former New York Governor Eliot Spitzer wants to be New York City Comptroller and give power back to the shareholders of publicly traded companies.