U.S. News


  • Spike in US yields may derail Fed's tapering plans Thursday, 15 Aug 2013 | 10:04 PM ET

    A continued selloff in U.S. government bonds could force the Fed to rethink when and by how much it tapers monetary stimulus, after 10-year Treasury yields spiked to a two-year high.

  • Ford lowers mileage estimate for C-Max Hybrid Thursday, 15 Aug 2013 | 5:31 PM ET

    The automaker, facing numerous complaints and a class-action lawsuit, is lowering the mileage estimate for its C-Max hybrid crossover vehicle.

  • Dell earnings beat despite falling PC sales Thursday, 15 Aug 2013 | 4:27 PM ET

    Dell reported earnings and revenue that beat Wall Street forecasts as growth in its enterprise solutions business offset the ongoing slump in PCs.

  • Gartman: I timed the market wrong, and I want out Thursday, 15 Aug 2013 | 4:24 PM ET
    Dennis Gartman, editor and publisher of The Gartman Letter

    Investor Dennis Gartman on Thursday admitted he got equities wrong and confessed his recent stock market trades were "terrible."

  • Budweiser is king of beers in the ER: Study Thursday, 15 Aug 2013 | 3:48 PM ET

    When Johns Hopkins researchers surveyed ER patients who had been drinking, they found that Budweiser was the No. 1 brand consumed, followed by Steel Reserve Malt Liquor.

  • Wal-Mart cuts outlook; consumers not spending Thursday, 15 Aug 2013 | 2:00 PM ET

    Wal-Mart posts disappointing quarterly sales as shoppers pinched by higher payroll taxes and gas prices made fewer purchases.

  • Carl Icahn takes a shot at Bill Ackman...again Thursday, 15 Aug 2013 | 1:07 PM ET
    Carl Icahn

    In the latest round in the best show in finance, Icahn says nothing's wrong with activist investing. But something is wrong with Ackman.

  • Overdevelopment widens Florida sinkhole problem Thursday, 15 Aug 2013 | 12:56 PM ET
    A building sits partially collapsed over a sinkhole at Summer Bay Resort near Disney World on August 12, 2013 in Clermont, Florida.

    The problem may be as old as the earth itself, but the increase in activity is new. The rush to reason why has put scientists, engineers and real estate developers at odds.

  • Beware: Market valuation looks like 2007 again Thursday, 15 Aug 2013 | 12:46 PM ET

    With so many on Wall Street worrying whether the market rally has gotten ahead of itself, one economist tells CNBC that today's market is looking eerily like 2007.

  • NYU to stop lending money to buy vacation homes Thursday, 15 Aug 2013 | 12:25 PM ET
    Martin Lipton, founding partner of Wachtell, Lipton, Rosen and Katz, and Chairman of NYU's Board of Trustees.

    NYU said on Wednesday that it would no longer lend money to top employees to buy vacation homes and would grant faculty members more participation in school decisions. NYT reports.

  • Breaking Buffett: The Oracle has underperformed Thursday, 15 Aug 2013 | 12:03 PM ET
    Warren Buffett

    Warren Buffett may be regarded as one of the greatest investors of all time, but the stocks his company holds have been not so great this quarter.

  • Stocks tumble, scared by quick interest rate spike Thursday, 15 Aug 2013 | 11:29 AM ET

    Stung by a rapid rise in interest rates, stocks plunge in their worst selling spree since June, raising the question of whether a long anticipated correction has begun.

  • Wal-Mart warns—but are shoppers really to blame? Thursday, 15 Aug 2013 | 11:09 AM ET

    It may be that the consumer is not that weak, but rather that the traditional retailers are weak. Consumers are are buying cars, houses and goods on the Internet.

  • The really bad news behind the jobless claims drop Thursday, 15 Aug 2013 | 10:42 AM ET

    Weekly jobless claims have been on an inexorable path lower this summer. So have paychecks.

  • Obama cancels US-Egypt exercise over violence Thursday, 15 Aug 2013 | 10:39 AM ET
    An Egyptian man walks between lines of bodies wrapped in shrouds at a mosque in Cairo on August 15, 2013, following a crackdown on the protest camps of supporters of ousted Islamist president Mohamed Morsi the previous day.

    President Barack Obama condemned Egypt's interim government Thursday, saying the United States was canceling a joint military operation in protest of violence that left 525 dead.

  • Philly Fed factory activity slows in August Thursday, 15 Aug 2013 | 10:09 AM ET
    An employee grinds steel components on the fabrication area floor at the Ellicott Dredges LLC manufacturing facility in Baltimore, Maryland, U.S.

    Factory activity in the U.S. mid-Atlantic region weakened in August as new orders fell and the pace of hiring slowed, a survey showed on Thursday.

  • Home builders: Best in years and getting better Thursday, 15 Aug 2013 | 10:00 AM ET

    A lean supply of homes for sale is boosting confidence among U.S. home builders, according to a monthly sentiment survey from the National Association of Home Builders.

  • Soros takes a bite out of Apple after ditching gold Thursday, 15 Aug 2013 | 9:46 AM ET
    Billionaire investor George Soros.

    Billionaire investor George Soros has been busy stocking up on hedge fund favorites as he joined others in dumping gold exchange traded fund (ETF) holdings in the second quarter.

  • Cisco CEO: Here's why we're going through layoffs Thursday, 15 Aug 2013 | 9:21 AM ET
    John Chambers, chairman and chief executive officer of Cisco Systems Inc.

    Cisco resources will be shifted to areas like cloud computing, mobility and Internet products, CEO John Chambers says.

  • S&P could trade at 1,900 ‘relatively easily’: Pro Thursday, 15 Aug 2013 | 8:49 AM ET

    Although market multiples are edging down, investors should expect the S&P 500 to go as high as 1,900 over the next 15 months, a top strategist tells CNBC.

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