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
Jon Corzine, the former chief executive of MF Global Holdings, was sued by the trustee for the futures and commodities brokerage, who accused him of contributing to the company's October 2011 bankruptcy.
Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.
Travelers posted a higher first-quarter profit, helped by a decline in natural disaster losses and rising insurance rates.
The upscale leather goods maker and retailer reported higher-than-expected quarterly results and raised its annual dividend.
Apple shares turned lower in the after-hours after earnings beat and the firm doubled the amount of cash it will return to shareholders. But its outlook fell short.
Yum Brands beat on earnings, while revenue was just shy of forecasts. Shares rose after-hours.
A news agency tweet, that turned out to be fake about explosions at the White House injuring President Obama, sent markets on a round trip roller coaster ride.
AT&T reported a decline in revenue, but added more wireless subscribers than expected, driven by sales of tablet computers with cellular connections. Shares fell after-hours.
Rivers including the Mississippi and Illinois are expected to remain in "major flood stage" through this weekend, as more rain and snow fell on much of the Midwest. NBC News reports.
Air travelers experienced delays at some U.S. airports as staff cuts at control towers took effect, but the havoc and hour-long waits regulators had predicted largely failed to materialize.
A policy change scheduled to go into effect this week that would have allowed passengers to carry small knives, bats and other sports equipment onto airliners will be delayed.
In the latest sign that Twitter's advertising business is coming of age, it inked its first multi-year upfront ad commitment with ad giant Publicis' Starcom Media Vest.
Delta Air Lines said government spending cuts and weak demand from vacationers are hurting revenue this month.
Though the next 5 billion people who connect to the Internet will experience a better quality of life, technological advances can also "empower some evil people," Google's Eric Schmidt told CNBC.
After the 2008 financial crisis, Congress required the Federal Reserve to devise specific ways of protecting taxpayers. The Fed has not done this yet, the NYT reports.
Netflix needs to deliver high quality content, to the right target audience, for the right price. And it's working.
Hint: it was the impact on Boston's businesses that gave the federal government an entry into this case.
A growing number of business are declaring that they are not ordinary corporations, but are something else—special trusts that are typically exempt from paying federal taxes.
United Technologies reported first-quarter earnings on Tuesday that exceeded Wall Street's expectations, yet revenue was undermined by weakness in Europe and in its aerospace and defense sales.
DuPont reported quarterly earnings and revenue that beat analysts' expectations on Tuesday.
Arthur Laffer, chairman, Laffer Associates, discusses the falling deficit and why some people are saying the deficit is being cut too fast.
Howard Dean (D) former VT Governor, and Sean Spicer, Republican National Committee, discuss the IRS scandal, the AP phone records issue, Benghazi talking points, and missing terrorists.
Seema Mody reports on Apple CEO Tim Cook's statement that corporate taxes are too high, ahead of his Congressional testimony next week. With Dean Garfield, Information Technology Industry Council, and Arthur Laffer, Laffer Associates chairman.