The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
The Congressional Budget Office estimated Tuesday that the national debt will rise to 141% of the economy over the next 30 years — 11 percentage points lower than the agency...Economyread more
Investors are piling into gold, sending the precious metal to a six-year high on Monday, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump took to Twitter Tuesday to slam Iran for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
The yield on the benchmark 10-year Treasury note fell below 2% on Tuesday as investors looked for safety following the release of much weaker-than-expected confidence data.Bondsread more
More than 150,000 former students of for-profit colleges filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos on Tuesday, claiming the...Personal Financeread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
Amazon announces that Amazon Prime Day will last for two days, starting July 15.Technologyread more
Buyers pulled away from the builders in May, even as affordability improved, thanks to lower mortgage rates.Real Estateread more
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
CNBC's Carl Quintanilla reports from Hanoi, ahead of the Trump-Xi trade meeting, to look at Vietnam's manufacturing boom and whether it can be sustained.Economyread more
The Senate Banking Committee on Thursday approved Janet Yellen's nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final vote.
If confirmed, as is widely expected, the current number two at the U.S. central bank will replace its chairman,Ben Bernanke, when his term expires on Jan. 31, making her the most powerful woman in world finance.
The panel's vote was 14 in favor and 8 against.
Democrats control 55 of the 100 votes in the chamber, which means she needs to only secure the backing from five Republicans to overcome Senate procedural hurdles, and looks well on the way to reaching that threshold.
Yellen, viewed as a monetary policy dove who puts more weight on driving down high unemployment than the risk this will ignite future inflation, will preside over a central bank that has taken dramatic steps to spur U.S. growth and hiring.
(Read more: Yellen: In no rush to raise rates, start taper)
It has held interest rates near zero since late 2008 and quadrupled the size of its balance sheet to $3.9 trillion through three massive asset purchase campaigns aimed at lowering the cost of long-term borrowing.
This has made the Fed a target for Republican lawmakers worried that these ultra-easy policies have enabled big spending by the Obama administration.
(Read more: Bullard: December taper 'on the table')