CEO Brian Moynihan said the bank faces up to an additional $9 billion in costs related to the financial crisis and mortgages beyond its reserves.» Read More
Congressional action on the U.S. tax code could dramatically alter one of its sacred cows: the mortgage interest deduction. And the change could come in 2013.
North Dakota moves up from fifth place to third place in the Top States for Business 2013, as shale oil continues its creation of a new economic powerhouse.
Former Federal Reserve Gov. Larry Meyer told CNBC that the velocity of money shouldn't concern markets, calling the metric almost useless in guiding central bank policy.
The Ford pickup has replaced the Cadillac Escalade as the preferred target of car thieves, according to the Highway Loss Data Institute.
A low supply of new homes and better fundamentals make the sector a good investment, Jonathan Gray, Blackstone's global head of real estate, told CNBC.
Nebraska cracks the top five in CNBC's Top States for Business for the first time, landing at No. 4 in 2013, thanks to a high score for business friendliness.
Virginia and Utah finish in a tie at No. 5 in CNBC's Top States for Business 2013. The first top-five tie in Top State history is a bit of comedown for three time champ Virginia.
Eliot Spitzer may think the past is in the past as he makes another run for public office, this time for New York City Comptroller, but his alleged madam Kristin Davis disagrees.
Twinkies don't last forever, but they'll have more staying power than most people remember when they return to shelves next week.
Implementation of President Barack Obama's health-care law needs to be put on "permanent hold," GOP Sen. Bob Corker tells CNBC.
NYSE Euronext has been chosen to run Libor, the benchmark interest rate that has been at the center of a global rigging scandal.
Fewer foreclosures were completed in May compared to a year ago, while the number of houses in the foreclosure process also declined as the market continued to heal, according to a new study.
CNBC's Scott Cohn explains why Virginia and Utah are well-positioned for business and economic growth.
Kroger says it will acquire Harris Teeter Supermarkets in a deal valued at $2.5 billion, including debt, to expand in the Southeast and mid-Atlantic states.
A long-heralded shake-up at Microsoft is expected to unfurl this week at the urging of CEO Steve Ballmer, AllThingsD is reporting.
The status of Edward Snowden's bid for asylum in Venezuela remained unclear Tuesday after the country's apparent deadline passed. NBC News reports.
Pimco suffered record outflows across its U.S. mutual funds of $14.5 billion in June, investment research firm Morningstar said on Monday.
Hulu has attracted three bids of over $1 billion from suitors, including a partnership of AT&T and Chernin Group, the Wall Street Journal reported.
Facebook stalkers are becoming the stalked. Here's why that might be great news for the stock.
The billionaire deal maker Ronald O. Perelman loves to litigate, and one of his companies recently filed a little-noticed lawsuit accusing Michael R. Milken of fraud.
Wearing millions of dollars of diamonds, Swarovski crystals and lingerie, Victoria's Secret Angels hit the catwalk.
Apple and Sam Sung have parted ways. CNBC has learned that Sam Sung hasn’t worked at the giant tech company for months.
The Chinese pianist Lang Lang learned to love classical music from Tom and Jerry.
Jim Nussle, former OMB Director, and Roger Altman, Evercore Partners, share their thoughts on the bipartisan budget deal hammered out by Rep. Paul Ryan and Rep. Patty Murray. The budget deal doesn't solve the long-term budget problems of this country but it shows that government can do something at a time when most people thought government couldn't, Altman said.
Scott Adams, Dilbert creator, discusses the inspiration for his new book, and shares his thoughts on the upside of failure and why "passion" is overrated.
CNBC's Michelle Caruso-Cabrera takes a look inside the Russia Direct Investment Fund with CEO Kirill Dmitriev, and discusses investing in his home country and problems associated with infrastructure construction there.