The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.» Read More
Bloomberg has quietly launched a wealth management company, putting it in competition with its biggest terminal customers.
Just six months after a heady re-election, President Obama's second-term dreams have collided with second-term reality: scandals and foreign setbacks. The NYT reports.
"Things are better enough for the Fed to slow the pace of purchasing," Philadelphia Fed President Charles Plosser says.
Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
Thursday's markets will navigate data on jobs, housing and inflation, but traders may be most interested in something else.
Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
Feeling lucky? Well, no one won Wednesday night's $360 million Powerball lottery, and the jackpot for Saturday's drawing is soaring.
The food supply is under siege from a blitz of man-made hazards, from arsenic-laced chicken to dying bee colonies, and some favorites may someday vanish from the plate.
House of Representatives Speaker John Boehner suggesting jail time over the IRS's targeting of conservative groups for extra scrutiny.
Thursday's economic reports featured mostly bad news, with housing starts plunging and jobless claims rising while inflation remained under control.
JC Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
The members of the class of 2013 are apprehensive and left to reroute their future due to their exposure to economic uncertainty and high unemployment.
The Bloomberg uproar highlights the uncertain and rapidly changing ethical landscape facing companies that, like Bloomberg, are reinventing the news business.
The world's top search engine announced the music streaming service, which has built-in features to help users discover new music, at its annual developers conference in San Francisco.
US home-builder confidence in the market for single family homes rose in May despite increasing building materials costs, an index showed on Wednesday.
AIG has refocused on its core businesses of insurance and underwriting, putting the financial crisis in the rear-view mirror, CEO Robert Benmosche tells CNBC.
The Obama administration's plan to expand natural gas exports makes sense, and its price shouldn't be kept artificially low, T. Boone Pickens told CNBC.
U.S. industrial production fell by more than expected in April, reflecting a broad decline in factory output and a weather-related decrease in demand for utilities.
Extended unemployment benefits do not keep people from finding a job, a report showed. But whether extensions help or hurt the jobs picture is far from settled.
The rally in many of the most heavily shorted names is causing a "worst nightmare" situation for bearish investors and hedge funds alike, said Cramer.