Severe fiscal tightening in the U.S. will lead to no growth or a contraction in the first two quarters of 2013 and will push unemployment over the 8 percent level, according to Lombard Street Research.
Philip Green CEO of Arcadia Group tells CNBC that the squeeze in the retail market means operators have to bring something that the public want to buy.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Michael Andrew, Global Chairman, KPMG International sees an amicable resolution to U.S. and China regulatory issues. He states that China is making efforts to better its accounting standards.
Owned by art, film and real estate mogul Zhang Baoquan, Tree Resort World on Sanya Bay bar marks the Chinese government's first tacit approval of a gaming concept outside of Macau.
Retailers say much of the demand for ammunition is from gun owners who are stockpiling in case certain weapons are banned.
Using stolen names and Social Security numbers, criminals are filing phony electronic tax forms to claim refunds, exploiting a slow-moving federal bureaucracy to collect the money before the fraud is discovered.
Microsoft's pride may be costing it billions of dollars. The tech giant may be missing out on about $2.5 billion in revenue by not offering its Office Suite on Apple's iPad.
American millionaires say they are better off than they were at their 2007 peak.
New data show uneven benefits from the economic recovery of 2010-11, with a big rise for the highest earners and little change for others. The New York Times reports.
New mortgage rules from the Consumer Financial Protection Bureau will make borrowing tougher for the self-employed and home buyers seeking larger loans.
Long frustrated about the low market valuation of Nasdaq OMX Group, the exchange operator's management is debating ideas ranging from diversification to going private or eventually splitting up the company.
The surprise deal that saw Berkshire Hathaway and 3G Capital Management swoop in this with a $28 billion bid for ketchup maker H.J. Heinz came with an interesting wrinkle that links two burger giants.
States have another few hours to decide whether they want to create their own health care marketplace, or partner with the federal government, with CNBC's Bertha Coombs.
Today is the deadline for states opting to partner with the federal government to build a health exchange, or create their own, with CNBC's Bertha Coombs.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
The "marriage penalty" that often made filing jointly more costly is mostly gone. But there are still instances when filing separately may be warranted.
As the Carnival Triumph inches toward port, attention is turning to what rights its passengers have. But the cruise industry receives less oversight than the airline industry. The Christian Science Monitor reports.
Thousands of relieved passengers poured ashore from a stinking cruise ship on Friday after five days adrift in the Gulf of Mexico with overflowing toilets and stench filled cabins.
Recent reports of prominent investors shying away from junk bonds have intensified the debate of whether 2013 will be another year of outperformance for the much sought after asset class.