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Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
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Fannie Mae common shares have soared, but there may not be a happy ending for investors.
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Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
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Despite huge cutbacks in government spending, some high level Federal executives are scheduled to get millions of dollars in bonuses, unless a law is passed.
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Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently.
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Rescuers desperately search for survivors in the rubble of flattened communities a day after a 2-mile-wide tornado carved a path of destruction in Oklahoma.
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Forecasters are warning additional "large and devastating" tornadoes are possible today, reports CNBC's Jane Wells.
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A nascent recovery in the housing market helped Home Depot report higher quarterly sales and earnings on Tuesday.
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Thanks to the brightening employment picture and an uptick in the housing market, Americans are packing up and relocating. And the pace is likely to pick up this summer.
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As investors and analysts size up Yahoo's latest $1.1 billion acquisition, it is worth reflecting on the GeoCities deal, which has many similarities, the NYT reports.
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A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.
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The White House said its counsel was told on April 24 about the preliminary findings of an IRS audit that showed IRS employees targeting conservative groups for extra scrutiny.
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A day before Apple CEO Tim Cook heads to Washington, the Senate released a report that showed Apple used an unusual global tax structure to pay little or no taxes.
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Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
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The physical and economic toll of the tornado in Oklahoma will rank among the most costliest weather events of its kind.
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Microsoft debuted its long-anticipated next generation Xbox, called the "Xbox One," a device that allows users to switch more easily between entertainment options.
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JPMorgan Chase honcho Jamie Dimon beat back critics, deafeating a proposal to strip him of his chairman title. A big victory for the brash leader of the country's largest bank.
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With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. The deal will be a test for Marissa Mayer.
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Chicago Fed President Charles Evans said the Fed has the appropriate level of monetary accommodation in place to let the reach "escape velocity" next year.
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Settlement talks between Steve Cohen's hedge fund SAC Capital and the government have broken down, according to sources.
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Whatever course it chooses, the Fed will have to grapple with the reality that while its policies have helped stocks, they've been less effective at growing the economy.
U.S. Video
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Jeffrey Sonnenfeld, Yale School of Management, weighs in on today's vote. "This is a huge triumph for JPMorgan investors," he says.
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The Dow and S&P 500 close at record highs. Discussing similarities with today's market rally and the 1980s, with David Bianco, Deutsche Bank, and Abigail Doolittle, The Seaport Group.
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CNBC's John Harwood reports on new developments in the Congressional investigation of the IRS scandal. Jeffrey Lord, American Spectator, and David Goodfriend, Democratic strategist, discuss.