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
Pershing Square's CEO told PricewaterhouseCoopers that it could face "substantial liabilities" for certifying the nutrition company's books.
Five years after the collapse of Lehman Bros. and the bailout of AIG, regulators insist that the banking system is safer. But critics say not so fast.
The Virgin Media deal in effect makes Netflix a benefit for a cable company, not just an upstart threat.
The bankruptcy of Lehman Brothers was the best thing that could have happened to an industry run amok, one analyst argues.
A war of words is heating up over the federal tax exemption for credit unions. They want to keep it—and the big banks want it to end.
Verizon Communications priced a massive bond sale on Wednesday, offering $49 billion worth of debt.
GOP Sen. Bob Corker also says he has "zero trust of Russia" but hopes its diplomatic overtures in Syria will succeed.
All U.S. states except for one have escaped the possibility of falling back into recession, according to an analysis released on Tuesday.
Applications for U.S. home loans plunged as mortgage rates matched their high of the year, with refinancing activity falling to its lowest in more than four years.
Top BofA technician MacNeil Curry recently nailed the spike in rates. But now he thinks yields will cool off.
It sounds like the stuff of science fiction, but robots could be strolling past you as you make your way out to lunch.
The gulf between the richest 1 percent and the rest of America is the widest it's been since the Roaring '20s.
Investor kept calm on Wednesday as geopolitical risks diminished after U.S. President Barack Obama eased fears of any immediate military action on Syria.
A federal judge ruled on Tuesday that strippers were hourly workers who deserved at least the minimum wage, the New York Times reports.
President Barack Obama said he would put off a military strike and work with U.S. allies to force Syria to hand over chemical weapons.
When it comes to Apple products announcements, the strategy of "buy the rumor, sell the news" has worked more often than not.
Intel is working on a new line of ultra-small and ultra-low-power microchips for wearable devices like smartwatches and bracelets.
As part of an ongoing McDonald's menu shake-up, the chain will add steak to its list of meaty breakfast ingredients available on the morning menu.
The addition of Goldman Sachs to the Dow later this month could make the index's swings bigger. Here's why.
Apple announced two phones to replace the iPhone 5, starting at a subsidized price of $99.
Apple and Sam Sung have parted ways. CNBC has learned that Sam Sung hasn’t worked at the giant tech company for months.
The Chinese pianist Lang Lang learned to love classical music from Tom and Jerry.
The search giant's voice-activated search service, Google Now, is now just as good as Apple's Siri.
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.