The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
See which stocks are posting big moves after the bell on July 22.Market Insiderread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
The deal could be announced as soon as next week, according to the report.Technologyread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped nearly 10% Monday, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Deutsche Bank is confident it can reach its profitability targets for 2015 despite reporting a surprise loss of almost 1.2 billion euros ($1.56 billion) in the fourth quarter of 2013, the bank's co-chief executive told CNBC.
"2015 is highly achievable as the legacy issues drain away and frankly our task of re-platforming the bank is concluded," Anshu Jain told CNBC on Wednesday.
His comments come ten days after the bank posted the surprise loss and said it expected 2014 to remain challenging due to litigation costs, restructuring and balance sheet reduction.
Despite the disappointing figures, Jain said it was important to "keep in mind we just completed our second best core operating year ever. So the problem has not been in the underlying performance of the bank."
"Unfortunately we have had to spend a great deal of money yet again in 2013, on litigation, on replatforming, and on certain accounting issues," Jain said.
(Read more: Deutsche Bank tumbles, warns of 2014 headwinds)
Despite the loss, chief financial officer Stefan Krause told reporters at the group's news conference on Wednesday that the bank was proposing a full-year dividend of 0.75 euros, in line with 2012.
Other European banks including UBS have cleaned up their balance sheets ahead of the introduction of new global banking regulations which require banks to hold a certain amount of capital in order to avert future banking crises.
The bank is also being scrutinized by banking regulators. Last week, German magazine Der Spiegel reported that Germany's banking watchdog Bafin plans to intensify its probe into possible manipulation of benchmark foreign exchange rates at the bank.
Asked about the prospect of higher litigation costs, Jain said he did not have a "crystal ball".
But a settlement with a top U.S. federal regulator over mortgage securities was one of several "very significant" challenges it had dealt with.
"We have some well-publicized ones still to come and frankly we have taken some good provisions against them."
In terms of the wider economic outlook, Jain forecast that emerging market volatility was set to continue as emerging markets and their currencies take a drubbing on the back of the U.S. Federal Reserve tapering its monetary stimulus program.
(Read more: Could South Africabe the next to hike rates?)
"Clearly they have experienced some volatility in their equities, in their foreign exchange…and yes we believe that volatility will continue. Particularly as and when U.S. growth picks up to the point where U.S. monetary policy changes, history tells us that will be a period of continued stress for emerging markets. "
- By CNBC's Holly Ellyatt, follow her on Twitter .