The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.» Read More
The U.S. Committee on Foreign Investment has cleared the way for Shuanghui's proposed $4.7 billion acquisition of Smithfield Foods.
CNBC's Sue Herera looks ahead to what are likely to be next week's top business and financial stories.
The Tōkum Fund, a hedge fund that invested in the stocks of medical and pharmaceutical companies, is being liquidated.
At the turn of the century, recent college graduates had an average debt of $15,100. Last year the average debt of graduates was $27,253.
Mark Rosenblum, a former Thomson Reuters salesman, says he was fired after questioning whether the company violated insider trading laws by distributing market-moving data early.
American Tower said it would buy privately held MIP Tower Holdings in a $4.8 billion deal to take advantage of the roll-out of 4G wireless network in the United States.
CNBC's Dominic Chu reports that U.S. hedge funds are closing in on record assets under management, with 287 funds that manage at least $1 billion in assets holding 7.5 percent more than at the start of the year. Warren Meyers of DME Securities weighs in.
Bank lending is on the rise. The little guy on Main Street is not feeling it, though, so many entrepreneurs are turning to alternative funding sources.
The shifting fortunes and prestige of Wall Street's big names, as revealed in The New York Times wedding section.
Even as a shift in U.S. prosecution policy gives states more leeway to legalize marijuana, the companies that dispense it are likely to have trouble finding a bank.
Ackman's Pershing Square is largely flat for the year after a bruising August in which the hedge fund lost 3.6 percent, according to sources.
The founder of Common Sense Investment Management Jim Bisenius has been busted in a prostitution sting. CNBC's John Carney has the details.
CNBC's Kate Kelly reports SAC Capital is announcing a staff retention program today.
The founder of a $3 billion hedge fund, Common Sense Investment Management, was arrested last week for soliciting prostitution.
Coase, who died at the age of 102 on Labor Day, was one of the most influential economic thinkers of the past 100 years. So what can we learn about the financial crisis from him?
The Nasdaq had another problem with the main data feed that was at the center of the outage that brought trading in Nasdaq securities to a halt for about three hours nearly two weeks ago.
Following the confirmation of Vodafone's $130 billion-deal with Verizon on Monday, merger and acquisition (M&A) activity is set to boom according to an upcoming report.
Banks' laundry lists of fees are growing, with the average account carrying 30 different potential charges. But avoiding them is still relatively easy.
Richard Lloyd Owen, head of M&A services at Deloitte, tells CNBC that the exciting M&A deals in the last few weeks may be a good omen for the sector.
Microsoft is buying Nokia's handset business for $7.2 billion, and Verizon will pay $130 billion to buy Vodafone's 45 percent stake in the company, reports CNBC's Seema Mody. Ron Kruszewski, Stifel Nicolaus, and CNBC's Dominic Chu, weigh in.
Hedge fund manager Bill Ackman renewed his attack on Herbalife on Tuesday.
Detroit looks to emerge as a winner from its bankruptcy, with bondholders and municipal borrowers the biggest losers.
Prominent money managers are warning of a bubble in some technology stocks and recommend avoiding emerging markets.
There is hope on the saving front, as 87 percent of CNBC readers polled said they would save money if they got a windfall.
No matter your generation, there are steps pre-retirees can take to help build their 401(k).
The financial services industry can help investors paralyzed with indecision by offering fewer portfolio options.