The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
The president said the Fed has been hampered by a "horrendous lack of vision" and said it should institute 100 basis points worth of reductions in its benchmark rate.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
The service will be available on popular platforms such as Apple TV, Google Chromecast and Roku, but not Amazon's Fire TV.Technologyread more
"If he had brought all of his data to the SEC first, he would reap potentially, up to 30% of the potential recovery," says former SEC Chairman Harvey Pitt.Investingread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
No matter what the Federal Reserve announces Wednesday on tapering, it "can't change housing demographics," Toll Brothers CEO Douglas Yearley told CNBC. That's why he said he won't even hazard a guess on what the Fed will do.
"It's not something we focus on tremendously," Yearley told "Squawk Box " on Wednesday. "Obviously the decision will move our stock one way or another, because that's how Wall Street trades."
The sharp rise in bond yields since the Fed taper talk began earlier this summer has led to higher mortgage rates, but Yearley said business at homebuilder Toll Brothers hasn't really been affected.
(Read more: Mortgage apps creep off 5-year low)
"Our average house is over $600,000, so we sell to the second, third time move-up," he said. "They don't have the mortgage issues. Twenty percent of our buyers are all-cash and those that get a mortgage put 30 percent down."
He did acknowledge that the move in 30-year mortgage rates from "3.5 percent to 4.75 percent in what felt like a couple of days" was faster than anyone thought and did "shock the market short-term." First-time homebuyers may need a little time to adjust, but those rates are still historically low.
He said he'd take a 4.5 percent to 5.5 percent mortgage rate in a good economy because from "2000 to 2006, which was a roaring time for housing, rates were 5.5 percent to 8 percent."
(Read more: Home builder confidence stalls in September)
"What we have [had] is five years when very few people bought homes and we built very few homes as an industry," Yearley said. "There's a lot of catch up that's necessary just to handle household formations, immigration, obsolescence from existing homes that are being torn down."
"I think we're in the early stages of recovery," he said.