U.S. News


  • Martin Mucci, Paychex president and CEO, and Howard Dean, CNBC contributor, discuss the Obama administration's decision to delay the health-care employer mandate and weigh in on what it means for businesses, workers and investors.

  • Homebuyer Demand Suffers as US Mortgage Rates Surge Wednesday, 3 Jul 2013 | 7:04 AM ET

    Expectations the Fed will slow its economic stimulus program by the end of the year continued to push U.S. mortgage rates higher, sapping demand from potential homebuyers.

  • Why Travelers Can Celebrate This Independence Day Wednesday, 3 Jul 2013 | 6:00 AM ET

    Prices at the pump have dropped below $3.50 a gallon on average across the USA, just in time for the Independence Day holiday.

  • *Sigh* What's happening to the American Dream? Wednesday, 3 Jul 2013 | 6:00 AM ET
    Mary Conti sorts through her daughter's princess dresses before listing them for sale on a consignment website. Conti thinks it's still possible to climb the economic ladder, but it takes both luck and hard work.

    The economy is slowly improving, but experts say the deep recession and weak recovery may have exacerbated trends that are putting the American Dream out of reach.

  • US Oil Above $100 for First Time Since September Tuesday, 2 Jul 2013 | 8:53 PM ET

    U.S. oil prices rose more than 2 percent to a 14-month high above $102 a barrel on Wednesday, on a decline in crude stockpiles and unrest in Egypt.

  • The Secret New Drink Starbucks Is Testing Tuesday, 2 Jul 2013 | 5:16 PM ET

    Never one to rest on its caffeinated laurels, Starbucks is testing out some new drinks. Here's where you can get them.

  • Fired Groupon CEO Releases Rock Album Tuesday, 2 Jul 2013 | 5:02 PM ET

    He always did march to his own drummer. Now, for his next act, fired Groupon CEO Andrew Mason has released a rock album with, um, motivational lyrics for young entrepreneurs.

  • US Oil Settles Near $100, Boosted by Egypt Turmoil Tuesday, 2 Jul 2013 | 4:04 PM ET

    Instability in Egypt and Syria bolstered crude oil on Tuesday, as supply concerns stemming from geopolitical turmoil momentarily overrode fears about the global economy.

  • Car Sales on a Roll, but the Economy? Not So Much Tuesday, 2 Jul 2013 | 2:56 PM ET

    U.S. car companies are reveling in their strongest monthly sales in about five years. The housing market is rebounding. But overall economic growth is feeble at best.

  • New York is running out of luxury apartments Tuesday, 2 Jul 2013 | 2:08 PM ET
    A penthouse at the Pierre Hotel in New York City is listed at $125 million.

    You wouldn't know it from looking at all of the glass towers going up across Manhattan, but the city is running out of penthouses and other ultra-luxury apartments, and what's on the market may be overpriced.

  • Dudley Reiterates Fed's Easy-Money Message Tuesday, 2 Jul 2013 | 1:34 PM ET
    William C. Dudley

    The head of the New York Fed said asset purchases could increase from those Chairman Ben Bernanke outlined if the labor market and economic growth lagged the central bank's expectations.

  • Sales Soar as Manhattan Condos Kick Co-Op Prices Tuesday, 2 Jul 2013 | 1:10 PM ET
    Manhattan apartment buildings

    Manhattan may be an island, but it is not unto itself when it comes to the issues now plaguing the United States real estate market.

  • Auto Sales Spike in June to Pre-Recession Levels Tuesday, 2 Jul 2013 | 10:25 AM ET

    U.S. buyers snapped up new cars and trucks in June at a pace not seen since before the recession. Continuing demand for big pickups helped boost sales for Detroit's automakers.

  • Factory Orders Rise, Hint at Stable Manufacturing Tuesday, 2 Jul 2013 | 10:00 AM ET

    New orders for US factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown.

  • Bubbling Up? US Home Prices Rise Most in 7 Years Tuesday, 2 Jul 2013 | 9:29 AM ET
    FILE-This June 13, 2012, file photo, shows a house for sale in San Diego. US home prices rose in all major US cities in June, further evidence of housing rebound. (AP Photo/Gregory Bull, File)

    U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.

  • Federal Reserve Approves Key Capital Rules for Banks Tuesday, 2 Jul 2013 | 9:12 AM ET
    Federal Reserve Board Governor Daniel Tarullo.

    The Federal Reserve Board is ratcheting up the amount of capital U.S. banks will need to hold. In a final draft rule that the Fed will vote on in an open meeting today.

  • Mortgage Rate Rise Won't Kill Housing: Hovnanian Tuesday, 2 Jul 2013 | 8:50 AM ET

    Hovnanian Enterprises' CEO Ara Hovnanian expressed little concern over what impact an end to the Federal Reserve's bond-buying program might have on mortgage rates.

  • IRS Disallows $2.86 Billion in Tyco Tax Deductions Tuesday, 2 Jul 2013 | 8:05 AM ET
    Tyco International Ltd. signage is displayed outside of the company's offices in Boca Raton, Florida, U.S.

    The IRS has informed Tyco that it has disallowed roughly $2.86 billion in interest and deductions recognized by the company in its U.S. returns for 1997-2000.

  • Apple Plans Nevada Solar Farm in Clean Energy Push Tuesday, 2 Jul 2013 | 7:11 AM ET

    Apple plans to build a solar farm with NV Energy in Reno, Nev., a step towards its goal of having its data centers run on renewable energy.

  • Breaking the College Tuition Monopoly Tuesday, 2 Jul 2013 | 6:00 AM ET

    It's time for the free market to play a greater role in U.S. higher education, argues Kudlow Report producer Jake Novak.

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