President Obama has suffered serious political damage from the troubled first year of his second term, according to a new poll.» Read More
Subaru and General Motors are recalling cars to check for corroded brake lines and problems with heated steering wheels, officials said.
Vocal activist and founder of Third Point Partners Dan Loeb stood out in an otherwise tough first quarter for hedge funds.
A federal judge ruled Monday that Stockton, Calif., is eligible for court protection from its creditors, clearing the way for a battle over whether public workers' pensions can be cut when the city goes bankrupt. The NYT reports.
Bank of America agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchases of mortgage-backed securities by corporate credit unions that have since failed.
Arkansas Attorney General Dustin McDaniel has launched an investigation into Exxon Mobil's ruptured crude pipeline. The spill damaged property and forced the evacuations of 22 homes.
Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, driven by the housing recovery.
Major automakers posted strong monthly U.S. car sales last month, helped by growing confidence in the recovery and demand for pickup trucks and sport utility vehicles.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.
It doesn't appear that Apple can do anything about its tailspin, CNBC's Jim Cramer says.
New orders for U.S. factory goods rose sharply in February but a gauge of planned business spending slipped, suggesting factory activity continued to expand at a moderate pace.
Despite changes to the alternative minimum tax rules, millions will still have to pay it and the number of obligated taxpayers will keep growing.
President Barack Obama is leaning toward picking Caroline Kennedy to be the next U.S. ambassador to Japan, a source familiar with the process said on Monday.
Nasdaq OMX's $750 million deal to buy the eSpeed platform for trading U.S. Treasurys was a bet the government will keep maxing out the nation's credit card, CEO Robert Greifeld told CNBC.
Is Stephen Schwarzman's Blackstone Group really bidding for Dell? Or is it part of a bizarre, high-stakes charade? The New York Times reports.
An increase in the issuance of high-yielding bonds alongside leverage to purchase this debt has sparked renewed fears of a bubble in the credit markets, with one bank warning investors of the threats involved.
Billionaire investor Carl Icahn has taken a 9.27 percent passive stake in speech recognition and digital imaging software maker Nuance Communications.
Following intense lobbying from the health insurance industry and members of Congress, the U.S. government said it will increase the payment rate for health insurers that offer coverage through the popular Medicare Advantage program.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
Amazon has hired a 20-year Microsoft veteran who most recently worked in its Windows Phone unit, fueling speculation that the online retailer and Kindle maker may be developing a smartphone. The Financial Times reports.
A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.
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.
Rep. Tom Cole, (R-OK), shares his thoughts on last nights bipartisan agreement on the federal budget. The alternative to this is another government shutdown, Rep. Cole points out.
Frank Keating, American Bankers Association president & CEO, discusses implementation of the Volcker Rule and its impact on banks.
Dolly Lenz, Dolly Lenz Real Estate founder, discusses what $1 million can buy you in today's housing market. First up, CNBC's Mary Thompson and Diana Olick provide a look at a cozy cottage versus a mammoth manor house.