In the latest chapter of an ugly billionaire divorce, Chicago hedge-fund manager Ken Griffin has challenged his estranged wife's claims on his private planes, real estate and credit cards.» Read More
Obama administration officials are hard at work preparing a white paper on overhauling the nation's housing finance system. Next week they are expected to make a major announcement about Fannie Mae and Freddie Mac, the two mortgage companies the government took over in the summer of 2008.
With all the talk of 'regime elements' and wealthy businessmen fleeing Egypt, I've been thinking about gold and diamonds a lot lately.
We hear of dictators stashing large quantities of gold: For example, stories of Saddam Hussein's gold stash have achieved quasi-mythic proportions—George Clooney even starred in a film based on the premise.
But why not diamonds?
A tender moment between Bill and Melinda Gates insde the Congress Centre at the World Economic Forum this week.
Can anyone explain why it makes any sense at all to blame the weather for the job creation falling so far short of expectations?
Charlie don't surf—and he don't tell the truth about his FX trades at Mellon either.
At least not according to allegations from a whistleblower group.
With the nation's deficit continuing to balloon, the knife is out to slash budgets. One of the items on the chopping block is the defense budget.
The worry over cuts has been hanging over the industry for sometime. I recently had the change to talk to Paul Cofoni, the President and CEO of Defense Information Technology Contractor CACI about the outlook for the sector.
Consider it the Fed’s chicken-or-the-egg dilemma: Do rising stocks drive down unemployment or does lower unemployment drive up stocks?
One view of the relationship between the two suggests that it is the former and not the latter, hence the continuation of the central bank’s easy-money policies.
The delay in the awarding of bonuses at UBS has many in the New York offices of the Swiss banking giant considering whether it is time to move to a rival firm.
Yesterday CNBC's David Faber broke the news that UBS was delaying the announcement of bonuses because top managers were unhappy with the size of the bonus pool. They felt that the pool was too small to allow them to fairly compensate their teams. Some feared they could lose their best people if they awarded bonuses smaller than what other Wall Street firms were handing out.
CNBC's Patti Domm and Jeff Cox discuss the jobs report and the current dilemma of long-term unemployment.
CNBC's Patti Domm and Jeff Cox discuss the recent GDP numbers and what factors have been affecting it.
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
The head of Appaloosa Management has returned to his cautious stance from late spring after a period of feeling more optimistic.
Big name investors like Dan Loeb and David Einhorn helped raise $6 million to fight poverty at a charity event.
'Several reasons for optimism' -- Here's where a $40 billion trade deficit comes in handy.