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The White House said its counsel was told on April 24 about the preliminary findings of an IRS audit that showed IRS employees targeting conservative groups for extra scrutiny.
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A new survey finds Boomers' fears about finances have abated, with nearly a quarter of them feeling more secure than they did 12 months ago.
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Dell shareholders would "lose badly" if the takeover battle for the struggling PC maker results in Michael Dell losing control, management expert Jeffrey Sonnenfeld told CNBC.
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Research by Wells Capital suggests that any sudden rise in bond yields after a Federal Reserve exit will benefit stocks.
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Apollo Group, owner of the University of Phoenix, reported a better-than-expected profit, but said student sign-ups fell for the fourth straight quarter.
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The higher payroll tax and rising gas prices are prompting consumers to dine out less. But could tax refunds in the mail bring relief to the sector?
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After reaching fever pitch during the cash-strapped economic downturn, coupon usage appears to be waning, but not for lack of consumer interest, according to a new report.
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LPL is trying to challenge some of the big fish on Wall Street but instead is finding itself in the crosshairs of regulators and market participants who aren't exactly welcoming the firm's ascendance with open arms.
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The housing comeback is showing signs of accelerating more rapidly than most anybody had thought at this point, David Stevens, president and CEO of Mortgage Bankers Association, told CNBC.
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Baseball-sized hail was reported in northern Florida, along with possible tornadoes, while heavy snow in Colorado and Kansas delayed flights and shut down part of Interstate-70. A crash involving up to 50 vehicles closed part of Interstate-25 near Loveland, Colorado, north of Denver.
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The number of suburban residents living in poverty rose nearly 64 percent between 2000 and 2011, more than double the growth for urban poverty. NBC News reports.
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The pressure is on for DreamWorks this weekend to have a big hit with the release of "The Croods."
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American is testing a new boarding procedure, allowing fliers without large carry-ons to board early. But is this a way to get passengers to pay checked bag fees?
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Too much of the recent growth in employment has been concentrated in low-wage and temporary jobs, leaving the recovery on shaky ground, a top Federal Reserve official said Friday.
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They are the investment everyone suddenly hates to love, but those bonds that were supposed to collapse this year continue to attract billions in investor money.
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A staple during the real-estate boom, interest-only home loans are now available only to a privileged few, and even they should approach with care.
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Investors should not own "long term debt of any kind" while the Federal Reserve continues its bond-buying program, private equity billionaire Wilbur Ross told CNBC.
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After suffering steep losses in one fund, the Yucaipa Companies, the money management firm run by the billionaire Ronald W. Burkle, has cut fees for investors in the portfolio, The New York Times reports.
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They got a little rain in Southeast Texas this week, but hardly enough to provide relief for rice farmers who are grappling with a third year of drought conditions and water constraints.
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The Justice Department is in advanced stages of an investigation into whether former JPMorgan traders tried to hide losses from the infamous "whale" trade.
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More Americans are debt-free than in 2000, but those with debt owe nearly 40 percent more, the Census Bureau says. USA Today reports.
U.S. Video
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Some explosive words were exchanged on Capitol Hill with Sen. Carl Levin, (D-MI) accusing Apple of using tax havens in Ireland to avoid paying U.S. taxes. John Scully, former Apple CEO, shares his view on the matter.
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Congress revealed what it wants to hear from Apple CEO Tim Cook, with CNBC's Eamon Javers. Meanwhile explosive words were exchanged on Capitol Hill with Sen. Carl Levin, (D-MI), accusing Apple of using tax havens in Ireland to avoid paying U.S. taxes.
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CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.