U.S. household net worth hit a record high in the third quarter as home prices marched higher and the value of stocks and mutual funds surged.» Read More
While the stigma of a U.S. debt default would be damaging to investor sentiment, the chaos from a breakdown in financial markets' systems that might result would be even scarier.
The December numbers beat expectations by a lot and sent the stocks of the public home builders higher and prompted housing analysts to exclaim bullish headlines, but here's what they failed to mention.
Want a girlfriend to pump up your social profile? Love may not be all you need.
House Republicans are rejecting President Obama's $500 million gun-control plan while his allies in the Democratic-controlled Senate are stopping well short of pledging immediate action.
"Europe has stabilized, the (U.S.) economy is going better, yet the Fed has this super-accommodative policy in place," said Joe LaVorgna, chief US economist at Deutsche Bank. "It doesn't make sense, but they're stuck with it."
With children sitting nearby, President Obama proposed a new ban on assault weapons and universal background checks for gun buyers on Wednesday in a sweeping package to curb firearm violence after the killing of 20 first-graders and six adults in a Connecticut school last month.
Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in January, a survey showed.
CBS' stock rocketed on Thursday, as investors applauded the media company's move to convert its outdoor advertising business to a real estate investment trust, while divesting itself of its international portfolio.
Tycoons are shunning wealth managers, putting their money into property and other ventures rather than trust a financial industry battered by the 2008 crisis.
Citigroup badly missed earnings estimates in the fourth quarter, reflecting what its new CEO called a "challenging" environment.
Groupon launched free online analytics that help merchants gauge the effectiveness of their deals on the digital platform.
UnitedHealth on Thursday reported fourth quarter earnings that narrowly beat forecasts and repeated its forecast for earnings and revenue growth in 2013.
The number of Americans seeking unemployment aid fell to a five-year low last week, a hopeful sign the job market is healing. But much of the decline reflects seasonal volatility in the data.
Boeing have serious problems, aviation expert Michael Boyd told CNBC on Thursday, if the 787 battery problem is a "design flaw."
Bank of America profit fell from a year ago, as it took more charges to clean up mortgage-related problems.
New rules could make mortgage servicing more expensive, especially for those specialty servicers and level the playing field between them and the big bank servicers.
U.S. telecoms group AT&T is looking at an acquisition in Europe, possibly of Dutch peer KPN or the UK's Everything Everywhere, the Wall Street Journal reported.
Europe's Airbus posted a 43 percent drop in orders and surrendered its crown as the world's largest planemaker to Boeing last year, but predicted improvements in both orders and deliveries for 2013 as airlines seek to reduce fuel costs.
Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing's 787 Dreamliner passenger jets while battery-related problems are investigated.
A coupon company for the web is not a new idea. But Ryan Hudson, who has spent over a decade building companies, has found a way to wow investors, the Global Post reports.
Officials said shocking violence at a Brazilian match won't be repeated when the country hosts the World Cup next year.
Getty CEO Jonathan Klein speaks about what it was like growing up white in South Africa and the advice he received from Nelson Mandela when they met.
A business in Wisconsin selling "therapeutic cuddling" for $60 an hour has closed after its owner took too much "grief."
Peter Costa, Empire Executions, and CNBC's Dominic Chu discuss market activity and tapering.
Discussing the high cost of deductibles under Obamacare, with Matt Miller, Washington Post online columnist, and Betsy McCaughey, health policy expert and author of "Beating Obamacare".
CNBC contributor Jared Bernstein, and Rep. David Schweikert, (R-AZ), discuss a bipartisan deal to end the budget battle in Washington.