U.S. News


  • Citigroup's New CEO Shakes Up Management Team Monday, 7 Jan 2013 | 9:15 AM ET
    Michael Corbat, CEO of Citigroup

    Citigroup CEO Michael Corbat moved to solidify his management team on Monday, naming two veterans as co-presidents and several others to top positions within the bank.

  • Stronger Economy, Not Fed, Driving Stocks: Pros Monday, 7 Jan 2013 | 8:59 AM ET

    The U.S. stock market's rally to five year highs is not a "sugar-high" from the Fed but a result of a strengthening economy, market-watchers told CNBC.

  • US Governor, Google's Schmidt Arrive in North Korea Monday, 7 Jan 2013 | 7:40 AM ET
    Eric Schmidt

    Google's Eric Schmidt began a mission to North Korea that includes an effort to secure the release of an imprisoned American.

  • BofA in $10 Billion Loan Settlement With Fannie Mae Monday, 7 Jan 2013 | 7:32 AM ET

    Bank of America reached a $10 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans.

  • Things are getting serious at the Magic Kingdom: Disney started an internal cost-cutting review and is mulling layoffs.

  • Airlines Scrap Clunkers Sooner as Oil Prices Bite Monday, 7 Jan 2013 | 4:55 AM ET

    Jets are heading off to their final resting place at a rate similar to cars as airlines scrap aircraft at earlier stages, according to new research.

  • In Finance You Just Cannot Regulate for Criminals Sunday, 6 Jan 2013 | 11:04 PM ET
    Bernard Madoff

    To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set against the backdrop of the Santa Monica Mountains. The NYT reports.

  • Clinton to Resume Duties Monday After Clot Treatment Sunday, 6 Jan 2013 | 10:30 PM ET
    Hillary Clinton

    U.S. Secretary of State Hillary Clinton will resume her official duties on Monday, five days after being released from a hospital for treatment of a blood clot, the State Department said on Sunday.

  • Regulators Agree to Water Down Bank Liquidity Rules Sunday, 6 Jan 2013 | 6:20 PM ET

    Global regulators gave banks four more years and greater flexibility on Sunday to build up cash buffers so they can use some of their reserves to help struggling economies grow.

  • Zipcar, Under New Ownership, Tries Fee-Free Sunday, 6 Jan 2013 | 12:15 PM ET

    The CEO of Zipcar, which was taken over this week by Avis, told CNBC about a new plan to get around the annual fee.

  • Nancy Pelosi

    Senate Minority Leader Mitch McConnell and House Democratic leader Nancy Pelosi are clashing over the prospect of another round of tax increases on the wealthy.

  • Drop the Puck: NHL, Players Settle Labor Dispute Sunday, 6 Jan 2013 | 7:36 AM ET
    ZZdeno Chara #33 and Tim Thomas #30 of the Boston Bruins defends the net against the Vancouver Canucks during Game Six of the 2011 NHL Stanley Cup Final.

    The NHL and its players finally achieved their elusive deal early Sunday morning, finding a way to restart a sport desperate to regain momentum and boost its prominence.

  • Want to Quit Smoking? Big Tobacco Is Ready Saturday, 5 Jan 2013 | 1:36 PM ET

    Big Tobacco is quickly moving into the manufacturing and sale of electronic cigarettes, a business which Wells Fargo says brought in $400 million to $500 million in sales in 2012 and will "at least" double in 2013.

  • Why Low 2013 Gas Prices Will Soon Evaporate Saturday, 5 Jan 2013 | 9:43 AM ET

    Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.

  • Tax Code May Be Most Progressive Since 1979 Saturday, 5 Jan 2013 | 8:52 AM ET
    Sen. Harry Reid, Rep. John Boehner and Sen. Mitch McConnell speak to the media at the White House in November 2012.

    With 2013 bringing tax increases on the incomes of a small sliver of the richest Americans, the top earners now face a heavier tax burden than at any time since 1979.

  • Hagel Likely to Be Nominated for Defense Secretary Saturday, 5 Jan 2013 | 8:40 AM ET

    Multiple sources say they have been told to be prepared for a Chuck Hagel nomination for Defense Secretary, either as early as Monday or perhaps more likely Tuesday of next week.

  • Lance Armstrong Considers Admitting Doping: Report Saturday, 5 Jan 2013 | 8:10 AM ET
    Lance Armstrong

    The New York Times reported Friday that Lance Armstrong has told associates he is considering admitting to the use of performance-enhancing drugs.

  • Quake Measuring 7.5 Strikes Off Alaskan Coast Saturday, 5 Jan 2013 | 7:52 AM ET
    : 48 : 50

    An earthquake of 7.5 magnitude struck in the Pacific Ocean off southeastern Alaska on Saturday.

  • What's Next for Hulu After CEO Jason Kilar Resigns? Friday, 4 Jan 2013 | 6:00 PM ET
    Jason Kilar

    Hulu CEO Jason Kilar announced in a blog on Friday that he'll be stepping down in the first quarter. While the news was not unexpected, the timing was certainly a surprise.

  • Congress OKs Sandy Aid Over Conservative Opposition Friday, 4 Jan 2013 | 2:52 PM ET
    A destroyed home is viewed along the beach in the Belle Harbor neighborhood of New York City.

    Rejecting conservative opposition, Congress approved a $9.7 billion aid package for victims of super storm Sandy on Friday after a near mutiny by East Coast Republicans against House Speaker John Boehner.

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