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The wealthiest 1 percent now control 39 percent of the world's wealth, and their share is likely to grow, according to a new report.
Greater optimism over the economic outlook and personal finances in the midst of record stock market prices pushed US consumer sentiment to its highest level in nearly six years.
Business activity in the US Midwest reaccelerated in May after contracting in April as measures of employment and new orders jumped, a report showed on Friday.
Dish Network doesn't want to own Sprint Nextel or Clearwire, telecom expert Jack Grubman says in his first TV appearance since settling conflict of interest allegations in 2003.
Consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic activity.
The latest ricin-laced letter addressed to President Obama highlights the state-of-the-art Secret Service facility used for screening a million pieces of mail a year.
You can't comparison shop if you don't know what you're getting. And that's what happens, in many cases, when people open a checking account.
Mortgage rates have been bouncing around since the Fed left the door open to early cuts in asset purchases. Here's why you may want to refinance now.
Dell urged shareholders on Friday to vote for the $24.4 billion buyout offer led by founder and Chief Executive Michael Dell at a special meeting on July 18.
The spotlight at this year's American Society of Clinical Oncologists meeting will be on data from Bristol-Myers Squibb, Roche, and Merck on a new class of cancer drugs.
The "check the box" loophole shows how Washington saved money for American corporations and deprived the government of billions in tax revenue.
Goldman Sachs has warned that a widely predicted bond sell-off is finally happening, while a major U.S. asset manager has warned investors to move out of long-duration bonds to avoid heavy losses.
Samsung Electronics has chosen an Intel processor to power a new version of one of its top-tier Android tablets, in a major victory for the U.S. chipmaker.
Shares of luxury department store Saks are lower in after-hours trading Thursday after Dow Jones reported that the private-equity owners of Neiman Marcus rebuffed an overture to merge the companies.
The proposed $4.7 billion acquisition of Smithfield Foods by China's Shuanghui International is unlikely to change pork-buying habits of American consumers.
A former Microsoft executive plans to create the first US marijuana brand, kicking off his Seattle-based business by acquiring medical cannabis dispensaries in three states.
It pays to go to college in general—but how big a payoff you get can vary wildly depending on your major.
The growing number of retirees selling their pensions for cash is raising major concerns and drawing increased scrutiny for what some are calling unfair lending practices.
California is an alternative energy giant, but is also home to one of the best-kept secrets of the U.S. fossil fuel renaissance – the Monterey shale.
While earnings have grown only modestly over the past few quarters, stock prices have surged, sending what could be a disconcerting message to investors.
With the holiday-shopping countdown on, see a list of 10 cool gift ideas—from men's suit jackets to hand-forged copper bowls. And all American-made.
Nelson Mandela overcame oppression to become an icon of the 20th century. Here are some key events in his life.
From beach parties to ball drops, fireworks to waterfalls, CNBC presents the top 14 hot spots worldwide to toast 2014.
Herb Weisbaum has some tips on getting more than your money's worth when buying gift cards.
Kenny Polcari, O'Neil Securities, and Warren Meyers, Illustro Trading, discuss market growth going into 2014.
Discussing a deal within Congress to end stimulus, with Doug Holtz-Eakin, American Action Forum president; Tracy Sefl, Democratic strategist; and Lenwood Brooks, Policy director for Public Note.