U.S. News


  • Washington warily takes on mortgages Wednesday, 7 Aug 2013 | 5:58 AM ET

    Efforts to change the system for financing homeownership will be difficult, because Americans like inexpensive mortgage loans. The New York Times reports.

  • Disney expects big 'Lone Ranger' loss Tuesday, 6 Aug 2013 | 5:35 PM ET
    Johnny Depp as Tonto in Disney's Lone Ranger

    Disney earnings beat amid growth at its theme parks and media networks but there was weakness at the movie division and the company projected a big loss from the "Lone Ranger."

  • Bank of America accused of $850 million fraud Tuesday, 6 Aug 2013 | 4:09 PM ET
    Bank of America in Times Square, New York.

    The DOJ on Tuesday said it had filed a civil lawsuit against Bank of America for what government lawyers said was a fraud on investors.

  • Kutcher: I was 'terrified' portraying Steve Jobs Tuesday, 6 Aug 2013 | 3:24 PM ET
    Actor Ashton Kutcher plays Steve Jobs in the red carpet premiere of "Jobs".

    Actor Ashton Kutcher talks about his starring role in Jobs, the upcoming biopic about the late tech innovator Steve Jobs, which he hopes will inspire the unemployed.

  • Siegel: Keep buying—you 'can’t lose' Tuesday, 6 Aug 2013 | 2:40 PM ET
    Jeremy Siegel, economist and Wharton professor of finance

    Jeremy Siegel has been mocked for his bullishness, but his recent calls have been dead-on. Now he's doubling down.

  • Now even Fed dove sees taper soon Tuesday, 6 Aug 2013 | 2:32 PM ET
    harles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago.

    The Fed will probably reduce its bond-buying stimulus program later this year, and depending on the economic data could do so as early as next month, a top Fed official said on Tuesday.

  • It's the Rodney Dangerfield of bull markets, LPL Financial's Jeff Kleintop says.

  • Loeb to 'wait and see' after Sony nixes spin-off Tuesday, 6 Aug 2013 | 12:01 PM ET
    Daniel Loeb, founder and chief executive officer of Third Point LLC

    Billionaire investor Dan Loeb's Third Point is taking a "wait-and-see approach" after Sony on Monday evening rejected its plan to spin off the company's entertainment business.

  • IBM has a cash flow problem: Analyst Tuesday, 6 Aug 2013 | 11:48 AM ET

    IBM is weighing on the broader market Tuesday after one analyst downgraded the software and services giant to "underperform."

  • Wien: Government should spend more, taper less Tuesday, 6 Aug 2013 | 11:17 AM ET
    Byron Wien, vice chairman of Blackstone Advisory Partners

    There's no reason the Fed should taper asset purchases and instead the government needs to increase spending, said Byron Wien, vice chairman of Blackstone Advisory Partners.

  • Wearable tech could track workers: Ex-Apple CEO Tuesday, 6 Aug 2013 | 10:50 AM ET

    With Obamacare looming, businesses may look to offer employees healthy-living incentives and track them, said John Sculley, co-founder of Misfit Wearables and former Apple CEO.

  • Gay couples find divorce equality tough to come by Tuesday, 6 Aug 2013 | 10:36 AM ET

    Because gay marriage is relatively new, same-sex divorces come with high price tags and other expensive sacrifices, NBC Today reports.

  • Recluse's gold fortune heads to auction Tuesday, 6 Aug 2013 | 10:04 AM ET
    Mexican 50-peso gold pieces that belonged to Walter Samaszko Jr., who died in June 2012. They were set to be auctioned in Carson City, Nev.

    The final treasures of a quiet man who collected a fortune in gold coins will be auctioned off Tuesday in Nevada.

  • Fake execs scam $220,000 in luxury goods, travel Tuesday, 6 Aug 2013 | 10:01 AM ET

    Two men have been charged with conspiracy to commit wire fraud, after they posed as senior executives. They scammed more than $220,000 in luxury travel and goods.

  • CBS-TWC spat heats up, politicians seek penalties Tuesday, 6 Aug 2013 | 9:30 AM ET
    Les Moonves, president and chief executive officer of CBS Corp.

    CBS Chief Executive Les Moonves fired back at Time Warner Cable, pulling out harsh language to reject the cable company's latest overture in their dispute over broadcasting fees.

  • Not free, after all: Public school fees add up Tuesday, 6 Aug 2013 | 9:25 AM ET

    Some public school districts are charging students mandatory fees and holding out the threat of barring students from participating in activities if parents don't pay.

  • 'Sexist arguments' made against Yellen: Sheila Bair Tuesday, 6 Aug 2013 | 9:00 AM ET
    Sheila Bair, a former chairman of the Federal Deposit Insurance Corp. (FDIC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S

    There is a "horrible whispering campaign in Washington" against Federal Reserve Vice Chair Janet Yellen for the top job, former FDIC chair Sheila Bair told CNBC.

  • Traders may be getting sneak-peek at data: report Tuesday, 6 Aug 2013 | 8:46 AM ET

    Federal investigators have found holes in the government's system for preventing key economic releases from being leaked to traders, The Wall Street Journal reported on Tuesday.

  • Export surge drives US trade gap to 3.5-year low Tuesday, 6 Aug 2013 | 8:35 AM ET

    The U.S. trade deficit narrowed sharply in June to its lowest level in more than 3-1/2 years as imports reversed the prior month's spike.

  • Electric car price war heats up with 15% Volt cut Tuesday, 6 Aug 2013 | 8:07 AM ET

    General Motors is knocking 12.5 percent off the Chevrolet Volt's sticker price as it tries to better compete with electric car rivals.

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