A larger trade gap and a smaller business inventories than previously thought will probably account for much of the expected downward revision.» Read More
JPMorgan Chase will cut about 5,000 jobs over the next year, as the bank closes branches and slims down operations, The Wall Street Journal reported.
GameStop reported better-than-expected profit, helped by sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in downloads.
Dozens were rescued from flash flooding in central Texas, as responders throughout the state struggled to cope with the wettest May on record.
Neverland is up for sale. The California property that once served as Michael Jackson's home and personal fantasyland is being listed at $100 million.
Index funds and computer models are pushing trades toward the end of the day, according to the WSJ. Two traders explain why it's important.
Lofty valuations come risks for the CEOs leading these startups.
JPMorgan CEO Jamie Dimon's contention that "lazy" shareholders rely on advisory firms shows an "outdated" attitude, an advisor said.
More recalls of air bags made by Takata were announced, after the Japanese manufacturer boosted the number of vehicles affected.
GE picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus its industrial base, sources said.
Contrary to expectations, California's water bills haven't gone up as the drought continues. Here's why.
David Friehling was ordered to pay his share of a $130 billion joint penalty for his role in Bernie Madoff's multibillion-dollar Ponzi scheme.
Attendance for this year's World Police and Fire Games may be down because the strong dollar is deterring participants from traveling.
To the St. Louis Fed's James Bullard, the Fed's low rates have not done their job, and it is time to assess other approaches.
Activist investors are responsible for a damaging fall in capital expenditures, Larry McDonald contends. But Erin Gibbs calls that argument "socialist."
Wall Street pay and shareholder performance don't always line up, with a few caveats.
The last time Americans used this much renewable energy was in the 1930s, when the burning of wood was more widespread.
Cleveland is becoming less affordable for housing, thanks to a big drop in for-sale listings.
A combined Charter/Time Warner Cable would be close to Comcast's size in customers, but much larger in territory.
"Regardless of what you heard of Lehman Brothers' risk management, I had 27,000 risk managers because they all owned a piece of the firm," he said.
Raising rates would prompt CEOs to make investment decisions and consumers to make purchases, economist Drew Matus says.
Get the best of CNBC in your inbox
The California property that once served as Michael Jackson's home and personal fantasyland is being listed at $100 million.
A thief who broke into the car of a Seattle couple left behind a million-dollar lottery ticket, NBC News reports.
There's no shortage of luxury vehicle choices, but increasingly the wealthy are opting for high-end SUVs instead of traditional models.
Scientists have discovered a "dementor" wasp that injects venom into cockroach prey rendering it unable to direct its own body and serves as live food for the wasp later on. Take a look, but it's not for the faint of heart.
CNBC's Meg Tirrell, provides a preview of this weekend's meeting of the American Society of Clinical Oncology and which big pharma companies investors need to watch come Monday.
JP Morgan is laying off 5,000 employees.