BoE's Haldane: Too Big to Fail Is Still 'Business Unfinished'
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Lois Lerner, the IRS official whose unit is at the center of the alleged Tea Party targeting, has been placed on administrative leave and an acting director has been named.
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U.S. government-run mortgage finance provider Freddie Mac earned $11 billion last year, the first annual increase in its net income since 2006.
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Salesforce.com reported quarterly earnings and revenue that blew past analysts' expectations. Shares jumped after-hours.
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The pace of business activity in the U.S. Midwest picked up modestly to reach an 11-month high in February as new orders gained, a report showed.
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On paper, the spending cuts, due to kick in on Friday, promise $85 billion in budget savings. In reality, the "sequester" is likely to yield less than half that much.
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The U.S. economy barely grew in the fourth quarter while the number of Americans filing new claims for unemployment benefits fell more than expected last week.
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Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales made up 22 percent, according to a new report from RealtyTrac.
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Consumer debt rose in the final months of 2012 for the first time in four years, a sign that Americans may be starting to reach the end of cutting back on credit, New York Federal Reserve reported Thursday.
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If mandatory federal spending cuts begin to take effect Friday, small employers are likely to experience a negative ripple effect of reduced business.
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New management has big changes in store for the casual dining chain, which touts family-style Italian food and has struggled with declining sales. Among Olive Garden's changes: smaller plates, cheaper items and lower-calorie meals.
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House Budget Chairman Paul Ryan told CNBC that he expects the across-the-board spending cuts known as the "sequester" take effect after Friday's deadline.
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Chrysler, scrambling to keep up with greater demand for its Jeep Grand Cherokee, is hiring 1,250 workers and increasing production of 8 and 9 speed transmissions.
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More than 200 companies have signed on to a supporting brief calling for the Supreme Court to overturn part of the Defense of Marriage Act. The NYT reports.
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The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
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With the economy starting to improve, the Federal Reserve should begin to end its bond purchases, Richard Fisher, Federal Reserve Bank of Dallas President, told CNBC.
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"I've decided that I'd like to spend more time with my family. Just kidding – I was fired today," Mason said in an email to employees announcing his departure.
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As U.S. politicians try to cut a last-minute deal on the sequester cuts set to kick in on Friday, ING Chief International Economist Rob Carnell told CNBC that businesses are complacent about the significance of the cuts.
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Regulators have escalated an investigation into suspicious trades placed ahead of the $23 billion takeover of H. J. Heinz, focusing on a complex derivative bet routed through London, according to two people briefed on the matter. The New York Times reports.
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Sears posted a smaller fourth-quarter loss as it reduced its inventory and expenses, while sales at its namesake stores rose slightly.
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Apple CEO Tim Cook still thinks David Einhorn's lawsuit against the company is a "silly sideshow" but is "seriously considering" returning cash to shareholders.
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Online streaming music Pandora Media said it would cap free mobile listening at 40 hours per month as it tries to overcome rising royalty costs.
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In this excerpt from a "Squawk Box" interview on October 2, 2012, Pershing Square's Bill Ackman said he had bought some stock and expressed his concerns about the company to its Board.
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
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Mad Money host Jim Cramer shares his final thoughts of the day. A look at how a money-loser like ChannelAdvisor can roar on the same day as a money maker like Hewlett-Packard.