CEO Brian Moynihan said the bank faces up to an additional $9 billion in costs related to the financial crisis and mortgages beyond its reserves.» Read More
As the Obama administration prepares to put the health care law in place, it faces an aggressive Republican campaign to prevent its success. The NYTimes reports.
Real estate stocks rallied, and mortgage rates fell, as fears of a Fed taper, at least in the short term, evaporated.
Twitter is in talks with a handful of investment banks to provide the company with a credit facility as it embarks upon being a public company, according to people familiar with the matter.
JPMorgan spent nearly a billion dollars settling charges related to the "London Whale" debacle, but that doesn't mean it's out of the woods yet.
Apple CEO Time Cook joined the Twittersphere on Friday, posting his first tweet to stoke the marketing fire around the release of two new iPhones.
BlackBerry said Friday it will slash 4,500 jobs as part of a restructuring and announced preliminary earnings and revenue that fell short of Wall Street's estimates.
Kenny Polcari tells CNBC's Sue Herera why he thinks the debt crisis will likely put pressure on the markets.
Kansas City Fed President Esther George, the lone dissenter on the Fed's Open Market Committee, said the Fed created confusion in the market.
Big data has been used for a variety of things, but its latest use might be its most strange yet: The hunt for Bigfoot.
The U.S. House of Representatives on Friday passed legislation to fund federal agencies from Oct. 1 to Dec. 15 while also derailing Obamacare.
The Department of Defense is one step closer to awarding a contract to replace nearly 55,000 Humvees with a new, more maneuverable vehicle.
Art Cashin of UBS talks with Bob Pisani about why the close of trading could turn out to be especially interesting today.
The latest iPhones sparked record lines, said Piper Jaffray's Gene Munster. But he cautioned that it's not time for an Apple 'victory lap' yet.
The proposal would help reshape where Americans get electricity, away from a coal-dependent past into a future fired by cleaner sources of energy
The stock market may be posting record gains, but Washington could be mere days away from a government shutdown and default on the national debt.
Prudential Financial said U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
Failure to raise the nation's borrowing authority would be "pretty damn dumb," said billionaire investor Warren Buffett in a taped interview that aired on CNBC Friday.
While regulators were quick to crow and politicians quick to gloat over JPMorgan Chase's most recent troubles, banking analysts largely shrugged.
Lots of well-known names have recently announced IPO plans, including the owners of the Empire State Building.
Critics may have panned the new iPhones for not moving the needle much, but diehard fans in Asia still lined up outside stores for the launch.
Apple and Sam Sung have parted ways. CNBC has learned that Sam Sung hasn’t worked at the giant tech company for months.
The search giant's voice-activated search service, Google Now, is now just as good as Apple's Siri.
President Barack Obama shook hands with Cuban President Raul Castro Tuesday at a memorial service for Nelson Mandela.
Former Federal Reserve chairman Alan Greenspan, and John Taylor, former U.S Treasury Undersecretary, debate short and long-term rates under Greenspan's Fed. There was a high correlation between short and long-term rates before 2003, defends Greenspan.
Former Federal Reserve chairman Alan Greenspan, and John Taylor, former U.S Treasury Undersecretary, debate what is to blame for the housing bubble. Taylor says monetary impulse is a big factor.
Steve McMahon, Democratic Strategist; and Robert Traynham, former Bush-Cheney Senior Advisor, discuss possible splits in Congress the new budget deal may cause.