U.S. News


  • Severe US Storm Brings Heavy Snow, Hail Saturday, 23 Mar 2013 | 5:39 PM ET

    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.

  • Coupon Use Plummets as Companies Tighten Belts Saturday, 23 Mar 2013 | 2:39 PM ET
    A woman sorts through coupons while shopping in California, Md.

    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.

  • Restaurants Hope Tax Refunds Bring Customers Saturday, 23 Mar 2013 | 2:38 PM ET

    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?

  • JPMorgan 'Whale' Traders Probe Advances Saturday, 23 Mar 2013 | 11:07 AM ET

    The Justice Department is in advanced stages of an investigation into whether former JPMorgan traders tried to hide losses from the infamous "whale" trade.

  • Where’s the Long Awaited Market Correction? Friday, 22 Mar 2013 | 4:37 PM ET

    With US economic optimism rising and the Fed money spigot wide open, turmoil in Cyprus didn't spark a major correction in stocks. Could lackluster earnings do the trick?

  • LPL Is 'Trying to Create Buzz,' but Getting Stung Friday, 22 Mar 2013 | 3:45 PM ET

    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.

  • The Secret to SAC's Returns? Call It Weirdness Friday, 22 Mar 2013 | 3:40 PM ET

    A new look at SAC Capital's trading may reveal something that explains SAC's decades of abnormal returns.

  • Now Boarding Sooner: Fliers Without Carry-Ons Friday, 22 Mar 2013 | 1:59 PM ET

    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?

  • Housing Could Withstand 4% Mortgages: Ex-FHA Head Friday, 22 Mar 2013 | 1:39 PM ET

    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.

  • Sprawling and Struggling: Poverty Hits the Suburbs Friday, 22 Mar 2013 | 1:18 PM ET
    Tara Simons, left, and her daughter Alexis talk in their kitchen in West Hartford, Conn.

    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.

  • DreamWorks Under Pressure With 'The Croods' Friday, 22 Mar 2013 | 12:52 PM ET

    The pressure is on for DreamWorks this weekend to have a big hit with the release of "The Croods."

  • Investors May Hate Bonds, but They Keep on Buying Friday, 22 Mar 2013 | 12:43 PM ET

    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.

  • Once Free-Flowing, Interest-Only Mortgages Go Niche Friday, 22 Mar 2013 | 12:17 PM ET

    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.

  • Texas Drought Sparks Water Woes and Innovation Friday, 22 Mar 2013 | 10:57 AM ET
    Rice fields in Texas.

    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.

  • More Are Debt-Free, but the Rest Owe More: US Census Friday, 22 Mar 2013 | 10:55 AM ET

    More Americans are debt-free than in 2000, but those with debt owe nearly 40 percent more, the Census Bureau says. USA Today reports.

  • Billionaire Divorce May Pressure Continental Stock Friday, 22 Mar 2013 | 10:43 AM ET
    Harold Hamm and his wife Sue Ann Hamm, in April, 2012

    The split between oil king Harold Hamm and his wife could required him to sell a large number of shares or give her shares that she might then sell.

  • Energy Drinks Linked to Adverse Health Effects Friday, 22 Mar 2013 | 10:09 AM ET
    Monster energy drinks.

    Monster Beverage shares fell after new research indicated that energy drinks may increase blood pressure and disturb the heart's rhythm.

  • Long Term Bonds Are a 'Huge Risk': Wilbur Ross Friday, 22 Mar 2013 | 9:44 AM ET
    Wilbur Ross

    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.

  • US Supreme Court Will Hear 'Pay for Delay' Drug Case Friday, 22 Mar 2013 | 9:17 AM ET
    The U.S. Supreme Court building.

    The Supreme Court will hear arguments on Monday over whether big drug companies can settle patent litigation with generic rivals by making deals to keep cheaper products off the market.

  • Ron Burkle

    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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