Private equity firm Cerberus Capital Management on Thursday confirmed a deal purchase grocery store chain Safeway for more than $9 billion.» Read More
Some economists say there are signs it could ease in the next few years as the economy improves, raising hopes for the millions of Americans who have spent months or even years looking for work.
Moody's, which could face a federal lawsuit tied to pre-crisis ratings, reported a 66 percent jump in quarterly profit as it benefited from a wave of debt issues.
At street level, the pain from the expiration of a break in Social Security taxes in 2011 and 2012 is evident.
"It's almost like they don't give a damn," Hollywood legend and Republican supporter Clint Eastwood told CNBC, referring to the gridlock in Washington.
The subprime market for risky mortgage-backed securities is hot again and the chief market strategist at Rosenblatt Securities said, it will end badly.
Hewlett-Packard is imposing new limits on the employment of students and temporary agency workers at factories across China. The New York Times reports.
Boeing started the year ahead of its European rival Airbus, after clinching the industry's top spot in 2012, with broadly higher orders and deliveries in January, data showed on Friday.
The Northeastern United States braced on Friday morning for a possibly record-setting blizzard bearing down on the region, which forecasters warned could drop up to 2-1/2 feet (76 cm) of snow and bring travel to a halt.
Hedge fund star manager David Einhorn announced that he was suing Apple to get it to deploy its $137.1 billion cash pile more effectively and arrest a 35 percent drop in its share price from a record high logged last September.
From long delays at the nation's airports to huge potential layoffs of government workers, Americans may soon feel the pinch of austerity. The Financial Times reports.
U.S. agencies cleared Boeing to restart test flights of its grounded 787 Dreamliner in order to get more data on potentially faulty batteries, but they also demanded a closer look at how the batteries were approved.
LinkedIn reported earnings that blew past expectations as revenue shot up 81 percent. Shares rose more than 10 percent after-hours.
Activision Blizzard reported quarterly earnings and revenue that exceeded analysts' expectations.
With the Federal Reserve and now Bank of Japan printing massive amounts of money, billionaire investor Jim Rogers told CNBC he is shorting U.S. government debt.
Apple pushed back against fund manager David Einhorn's accusations that it adhered to a Depression-like mentality of hoarding its excess cash.
Across-the-board budget cuts present the U.S. military with the most significant readiness crisis in more than a decade and quick action is needed to avoid the spending reductions, Defense Secretary Leon Panetta warned during testimony Thursday before the Senate Armed Services Committee.
President Barack Obama told fellow Democrats on Thursday he is willing to agree to a "big deal" with Congress on spending cuts and tax reforms to end the fiscal uncertainty over the deficit.
Three weeks after the Federal Aviation Administration grounded Boeing 787 Dreamliners, the head of the NTSB said assumptions about the planes' lithium-ion batteries should be reconsidered.
Most major airlines are waiving change fees and cancellation penalties for travelers ahead of Nemo, which is threatening the Northeast. Get the details for your airline.
David Einhorn is likely to be one of only a slew of high-profile investors coming forth this year to demand that companies start putting some of their cash to work and rewarding investors.
"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."
CNBC's Hampton Pearson breaks down the latest employment data.
Steven Wieting, Citi Private Bank; Rebecca Patterson, Bessemer Trust; Jared Bernstein, Center on Budget and Policy Priorities; Ben White, CNBC Contributor, and CNBC's Steve Liesman and Rick Santelli, provide their predictions on Friday's jobs number.
Ukraine Prime Minister Arseniy Yatsenyuk talks to CNBC's Steve Sedgwick about attempts to get Crimea to succeed from Ukraine.