U.S. News


  • Easy monetary policy by the Federal Reserve and other central banks is limiting supply of stocks, as well as fueling asset bubbles, one analyst warned on Monday.

  • SAC Capital Won't Cooperate Unconditionally Friday, 17 May 2013 | 6:07 PM ET
    Steven A. Cohen

    SAC said it may not be able to provider investors with frequent updates regarding the government insider-trading probe but there will be "more clarity" soon.

  • Down, But Not Out: JC Penney CEO Meets Shareholders Friday, 17 May 2013 | 4:27 PM ET
    Shoppers in JCPenney

    JC Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney." They appeared to return the favor, at the company's shareholder meeting.

  • Powerball Winner Will Keep Uncle Sam Smiling Friday, 17 May 2013 | 2:11 PM ET
    The Powerball Lottery reaches to $550 million jackpot.

    If you're lucky enough to win the upcoming half-billion-dollar Powerball, you'll also be putting a big smile on Uncle Sam's face. That's because the tax burden will be substantial.

  • Treasury to Free Up $260 Billion to Avoid Default Friday, 17 May 2013 | 1:30 PM ET

    The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.

  • Lawmakers Accuse IRS Officials of Lying in Scandal Friday, 17 May 2013 | 1:30 PM ET
    Ousted acting IRS Commissioner Steven Miller is sworn in at Friday's hearing.

    Congressional Republicans accused leaders of the IRS of lying as they opened the first in a series of hearings about the agency's targeting of conservative groups.

  • Facebook Gets Mobile Act Together Post-IPO: Pros Friday, 17 May 2013 | 1:03 PM ET

    The company, which was making zero dollars via its mobile-ad platform a year ago, turned things around.

  • Bloomberg Appoints Privacy Advisor Amid Scandal Friday, 17 May 2013 | 11:39 AM ET
    Samuel Palmisano

    Bloomberg LP on Friday announced the appointment of a privacy advisor after being embroiled in criticism of reporters use of Bloomberg terminals to obtain private information.

  • Consumer Sentiment Jumps to a Near Six Year High Friday, 17 May 2013 | 9:56 AM ET

    US consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.

  • IRS 'Culture of Discrimination' Troubling: Rep. Camp Friday, 17 May 2013 | 9:14 AM ET
    Rep. Dave Camp, R-Mich.

    House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.

  • Yahoo Said to Be Eyeing Tumblr for $1 Billion Friday, 17 May 2013 | 8:13 AM ET

    Yahoo is trying really hard to be cool again and it's hoping that Tumblr can help.

  • Facebook Shares One Year On—Time to Reconsider? Friday, 17 May 2013 | 7:44 AM ET

    One year after its dramatic fall from grace and a catastrophic IPO, fund managers and analysts CNBC spoke to, say it's time for investors to take another look at Facebook's stock.

  • Apple's Cook Wants Tax Reform to Repatriate Cash Friday, 17 May 2013 | 7:16 AM ET
    Apple CEO Tim Cook

    Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.

  • Great Recession Will Haunt Gen-X Friday, 17 May 2013 | 7:01 AM ET

    Early Boomers may be on track to retire with enough savings for their golden years, a new Pew study finds. But Gen-Xersare in for a world of hurt.

  • How to Tell If the IRS Is Looking to Audit You Friday, 17 May 2013 | 6:46 AM ET

    Being audited is scary. Not knowing if you might be is almost as bad. Here is a roadmap to how the IRS decides on candidates for examination.

  • JC Penney Reports Bigger Loss Than Expected Thursday, 16 May 2013 | 5:58 PM ET

    J.C. Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."

  • Dell Earnings Fall Short of Estimates; Sales Beat Thursday, 16 May 2013 | 5:24 PM ET

    Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.

  • The Man Who Gave America Fish Sticks Is Dead Thursday, 16 May 2013 | 3:34 PM ET
    Fish sticks, the ultimate starter seafood.

    Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.

  • Obama Names Daniel Werfel Acting IRS Commissioner Thursday, 16 May 2013 | 3:17 PM ET
    Danny Werfel

    President Obama on Thursday named White House budget official Daniel Werfel the new acting IRS commissioner.

  • Food Supply Under Assault as Climate Heats Up Thursday, 16 May 2013 | 12:41 PM ET

    The food supply is under siege from a blitz of man-made hazards, from arsenic-laced chicken to dying bee colonies, and some favorites may someday vanish from the plate.

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