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  • AIG resumes dividend, launches buyback Thursday, 1 Aug 2013 | 5:13 PM ET

    AIG stock is surging in after-hours trading after the company announced it would resume paying a dividend and would start buying back stock.

  • Ouch! Exxon loses $11 billion of value after miss Thursday, 1 Aug 2013 | 4:03 PM ET
    Sean Tracz

    Exxon Mobil said net income fell 57 percent in the second quarter, while Royal Dutch Shell said it significantly wrote down the value of its shale oil fields.

  • Leaker Snowden riles hacker conferences Thursday, 1 Aug 2013 | 3:35 PM ET
    A cardboard mask of Edward Snowden on the ground at a protest against the PRISM surveillance program, which Snowden leaked.

    NSA leaker Edward Snowden was the topic du jour at the Black Hat and DEF CON cybersecurity conferences this week in Las Vegas, where the agency's chief came under fire.

  • 'Fabulous Fab' found liable in mortgage-fraud case Thursday, 1 Aug 2013 | 3:31 PM ET
    Former Goldman Sachs bond trader Fabrice Tourre arrives at Manhattan federal court with his lawyers in the civil fraud case against him, in New York, August 1, 2013.

    The former Goldman Sachs bond trader known as "Fabulous Fab" was found liable on six of seven counts of defrauding investors in a mortgage securities fraud case brought by the SEC.

  • Google unveils much-hyped 'Moto X' Thursday, 1 Aug 2013 | 3:24 PM ET
    The Motorola Mobility Moto X.

    Google's new Android smartphone, revealed on Thursday, is the first tangible fruits of the company's controversial acquisition of Motorola.

  • Government ups requests for Twitter users' data Thursday, 1 Aug 2013 | 2:12 PM ET

    Twitter is under increasing pressure from governments around the world to release user's private information, with requests rising 40 percent in the first six months of the year.

  • Russia summit 'up in the air' as Snowden gets asylum Thursday, 1 Aug 2013 | 1:58 PM ET
    Edward Snowden

    Former U.S. spy agency contractor Edward Snowden said Russia's decision to grant him temporary asylum was a victory for the rule of law.

  • Sprouts Farmers Market shares double on IPO Thursday, 1 Aug 2013 | 1:03 PM ET

    Shares of organic grocer Sprouts Farmers Market, which is backed by private equity firm Apollo Global Management, doubled in their market debut.

  • Why the Moto X is a long shot for Google Thursday, 1 Aug 2013 | 12:46 PM ET

    Google is facing both long odds and a lot of questions about what its intentions in the smartphone market really are with its Moto X phone.

  • To wash or not? Stumped by salad-linked outbreak Thursday, 1 Aug 2013 | 11:46 AM ET

    Salad mix is being blamed for sickening more than 400, but officials won't name the brand, leaving consumers wondering how to best protect themselves.

  • $1 billion in counterfeit bags being sold where? Thursday, 1 Aug 2013 | 11:22 AM ET
    A vendor carries counterfeit handbags for sell.

    Vendors in New York City used to sell fake bags on the sidewalk, but a recent crackdown by law enforcement has forced them to adapt.

  • What the Moto X really means for Google Thursday, 1 Aug 2013 | 10:38 AM ET

    Moto X isn't about Google taking on Apple or Samsung directly. Instead, the new smartphone actually has more to do with protecting the search giant's advertising business.

  • Automakers rebound for best July in years Thursday, 1 Aug 2013 | 10:17 AM ET
    Jeep Grand Cherokees are displayed for sale at Buerge Chrysler Jeep dealership in Los Angeles, California.

    General Motors' says its July U.S. sales rose 16 percent on big gains in full-size pickup trucks, selling just over 234,000 vehicles, but short of the 19 percent gain forecast.

  • Short the S&P at all-time highs? 'Absolutely!' Thursday, 1 Aug 2013 | 10:15 AM ET

    The market is enjoying fresh all-time highs, but one pro says it's time to sell. Find out why.

  • Fed tapering will be for wrong reason: El-Erian Thursday, 1 Aug 2013 | 10:14 AM ET
    Mohamed El-Erian, chief executive officer and co-chief investment officer of Pacific Investment Management Company LLC (PIMCO).

    The Fed's tapering is "almost a given," but there won't be enough economic growth to justify the reduction, Pimco's Mohamed El-Erian tells CNBC.

  • SAC trader fired over bogus bonus scheme: Report Thursday, 1 Aug 2013 | 10:02 AM ET

    A former SAC Capital trader who pleaded guilty last week to insider trading had been fired by hedge fund in 2008 over a bogus bonus scheme, the New York Post reports.

  • Manufacturing growth booms, but building is down Thursday, 1 Aug 2013 | 10:00 AM ET
    Workers use grinders to smooth down the welded joints on railroad suspension parts at the Columbus Castings finishing area in Columbus, Ohio, U.S.

    The pace of growth in the US manufacturing sector accelerated in July. A separate report showed that US construction spending unexpectedly fell in June.

  • Happy days here again? US claims hit 5-1/2 yr low Thursday, 1 Aug 2013 | 8:30 AM ET

    The number of Americans filing new claims for unemployment benefits touched a 5-1/2 year low, suggesting a steadily improving labor market.

  • Banks say the Wall Street ratings game is back Thursday, 1 Aug 2013 | 6:09 AM ET

    Standard and Poor’s has been giving higher ratings than its big rivals to certain mortgage-backed securities, an analysis shows.

  • Class system? Rich have edge when it comes to aid Thursday, 1 Aug 2013 | 5:55 AM ET

    College students have a better chance of getting aid if they come from affluent backgrounds than if they are lower on the income scale, some new studies show.

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