Private equity firm Cerberus Capital Management on Thursday confirmed a deal purchase grocery store chain Safeway for more than $9 billion.» Read More
"Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.
Some people have brought religion into the debate over America's aversion to eating horse meat. But really, it's just economic common sense.
Best Buy says it has cut about 400 jobs at its Richfield, Minn., headquarters.
President Obama approaches Friday's budget deadline with a far stronger reputation than Republicans, an NBC News-Wall Street Journal poll has found.
Apple is easier to deal with under CEO Tim Cook than during Steve Job's reign, according to the head of one of Europe's major telecommunication companies.
It appears like quarterback Tom Brady will finish his football career where it started, with the New England Patriots. Reports are that the three-time Super Bowl winner has agreed to a three-year contract extension that keeps him with the team through the 2017 season.
Late Monday CNBC reported the company will ask the federal government for approval to pay CEO Dan Akerson $11.1 million in 2013. After initially saying it had no comment on pay requests for its top executives, GM now says it is requesting Akerson receive total compensation of $9 million.
The Senate Finance Committee on Tuesday backed President Barack Obama's nominee to head the U.S. Treasury, Jack Lew, clearing the way for a full-Senate confirmation vote.
New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.
When Groupon reports earnings Wednesday after the bell, it isn't just under pressure to grow revenue and generate profits.
Telecommuting has been a growing trend over the past few years. But does Yahoo's decision to ban telecommuting signal a change, NBC reports.
Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.
Hundreds of thousands of workers at firms with government contracts are expected to be laid off because of sequestration. But picking who stays and who goes could be complicated and costly.
A plan to replace the "sequester" should put the bulk of the reductions years out to protect the economy in the short run, House Minority Whip Steny Hoyer told CNBC.
U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, while a separate report showed that consumer confidence picked up much more strongly than expected in February.
Internet users who illegally share music, movies or television shows online could soon receive warning notices from the nation's major Internet service providers.
From housing to medical care, Boomers who divorce can expect retirement to cost as much as 50 percent more, experts say.
U.S. single-family home prices picked up in December, closing out 2012 with the biggest yearly gain in more than six years as the housing market got back on its feet.
Home Depot said Tuesday its fourth-quarter profit topped Wall Street analysts' expectations, helped by an extra week of sales in the current quarter as well as by improvements in the U.S. housing market, and post-Sandy buying.
Former Clinton Treasury Secretary Lawrence Summers argued on CNBC for a "balanced approach" because President Barack Obama has agreed to more spending cuts.
"This is a real public threat," a health official told CNBC, as hospitals overuse antibiotics.
Most car companies want to sell more cars. Ferrari wants to sell less. And so far, its strategy has been highly profitable.
A student who sued her parents for support had her initial request denied by a judge, who cautioned that the case could lead to a "slippery slope."
Michael Darda, MKM Partners, and Mark Luschini, Janney Montgomery Scott, discuss the market's bull run and where stocks are likely headed from here. We still think we have more to go, says Luschini.
Chaori Solar's corporate bond default is seen as a signal of reform by China's leaders, reports CNBC's Eunice Yoon.
CNBC's Michelle Caruso-Cabrera reports on the financial implications of Chaori Solar's missed interest payment.