U.S. crude futures eased on Thursday after losing more than a dollar in the previous session, as investors saw a steep decline in U.S. oil stocks as a move by refiners to avoid taxes rather than a sign of strong demand.
CNBC's Jane Wells reads the fine print of the Congressional Budget Office report and reveals the CBO broke the country into five tiers of wage earners. The top 20 percent pay nearly 93 percent of all income taxes, according to the report. At the same time, their incomes are growing far faster than everyone else.
Wednesday, 11 Dec 2013 | 12:00 PM ET
Gold will go down as the worst trade of the year. Rick Rule, Sprott U.S. Holdings Chairman is sticking by the metal. He says for the fundamental investor, gold makes a great trade.
Wednesday, 11 Dec 2013 | 1:27 PM ET
CNBC's Scott Cohn said Bernard Madoff "looked good" in their two-hour interview in January. Madoff said he "takes some comfort" in the fact that with his assistance, "all of my customers will recover their original investment principal."