In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations.
Housing demand is suddenly roaring back, and the nation's home builders are rushing just to keep up. New orders are soaring, as supplies of existing homes continue to plummet.
St. Louis Federal Reserve Bank President James Bullard told CNBC that he's be willing to reduce the central bank's massive bond-buying program in "small increments."
What does President Obama have to do to find balance between what Republicans and Democrats want in the Federal budget? David Walker CEO of Comeback America Initiative, weighs in.
U.S. wholesale inventories recorded their biggest decline in nearly 1-1/2 years in February as petroleum stocks tumbled and overall sales rose solidly, which could see first-quarter growth estimates shaved.
Disney will be laying off about 150 people at its film studio by the end of the week, according to sources close to the situation. The layoffs will be particularly focused on home entertainment as the company adjusts to industry-wide declines in DVD sales.
One of Wall Street's biggest money managers has called on the Federal Reserve to rein in its program of quantitative easing, saying its bond-buying tactics are a "large and dull hammer" that have distorted markets. The Financial Times reports.
The economy may be showing signs of recovery, but American workers are about to snap. An overwhelming 83% say they're stressed out by at least one thing at work.
Fox could become a subscription service that customers would have to pay for if the courts are not able to protect its business from the start-up Aereo, News Corp. Chief Operating Officer Chase Carey said.
U.S. markets, particularly the riskiest areas of investment, are likely to benefit at least near term from the latest entrant to the central bank money-printing arena: Japan.
KPMG said late on Monday it had fired a senior partner in the accounting firm's Los Angeles office for allegedly providing inside information to an unnamed third party.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders remain focused firmly on tomorrow's testimony from Fed Chairman Ben Bernanke. And expectations for this week's oil inventories.
Where the market stands, with Rich Bernstein, Richard Bernstein Advisors; Quincy Krosby, Prudential Financial; Warren Meyers, DME Securities; and Chris Gersch, Altimus Capital.