U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
Ralph Lauren's 4Q profit rises 35 pct
Anne D'innocenzio, Associated Press |
posted 29 minutes ago
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
Oil falls on concerns for China demand, Fed policy
The Associated Press |
posted 34 minutes ago
The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
US stock market recovers most of an early loss
The Associated Press |
posted 39 minutes ago
Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month.
Stocks fall on Fed, weak Chinese manufacturing
Steve Rothwell, Associated Press |
posted May 23rd - 8:43am
Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus program.
Stock slump continues on Wall Street
The Associated Press |
posted May 23rd - 7:50am
A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program.
Rue21 agrees to go private in nearly $1B deal
Associated Press |
posted 36 minutes ago
Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.
CEO Pay: It's good to be in health care
The Associated Press |
posted May 23rd - 9:33am
Here's a look at median CEO pay by industry last year, as calculated by executive pay research firm Equilar. For the fourth time in five years, health care CEOs got the most pay and utilities CEOs got the least.
CEO raises, pay cuts; What a change 1 year makes
The Associated Press |
posted May 23rd - 9:33am
Here's a look at the CEOs that received the biggest raises and the biggest pay cuts in 2012 compared with 2011, as calculated by the executive pay research firm Equilar and The Associated Press.
Say on pay: Shareholders rarely reject CEO pay
The Associated Press |
posted May 23rd - 9:31am
Big U.S. companies are required to offer their shareholders a "say on pay" vote _ essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much.
Top 50 highest-paid CEOs
The Associated Press |
posted May 23rd - 9:31am
A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar.
With great power comes great perks
The Associated Press |
posted May 23rd - 9:30am
Here's a look at what companies spent in 2012 on CEOs' country club and business club memberships, private jet travel and home security.
Sales gains lift Dollar Tree's 1Q profit 15 pct
Michael Felberbaum, Associated Press |
posted May 23rd - 9:01am
Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less.
ECB official: New bank authority 'indispensable'
David Mchugh, Associated Press |
posted May 23rd - 8:59am
A top European Central Bank official is calling for quick creation of an agency with powers to restructure and wind down busted banks, in an apparent pushback against Germany's insistence that such fundamental changes should take time.
Marathon Oil says talks end on possible stake sale
Associated Press |
posted May 23rd - 8:54am
Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.
US rate on 30-year mortgages rises to 3.59 pct.
Marcy Gordon, Associated Press |
posted May 23rd - 8:42am
Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
Markets
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CNBC Top Headlines
Record High New Home Prices to Grow
Thu, 23 May 2013 16:00 GMT
US New Home Sales Rise, Top Forecast
Thu, 23 May 2013 14:01 GMT
Not One, But Two Perfect Storms Could Be Brewing
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Manufacturing Slips to Seven-Month Low
Thu, 23 May 2013 13:01 GMT
Does Asia Slump Signal US Correction?
Thu, 23 May 2013 12:54 GMT
CNNMoney.com Headlines
Wall Street tries to buck global sell-off
Thu, 23 May 2013 11:52:25 EDT
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Thu, 23 May 2013 11:23:09 EDT
Amazon's "Kindle Worlds" lets fan fiction writers sell their stories
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Thu, 23 May 2013 10:51:42 EDT
Who's the killer employee under Obamacare? No. 50 or 51?
Thu, 23 May 2013 10:25:16 EDT
NYTimes.com Biz News
Bucks Blog: Mortgage Relief Offered to Oklahoma Tornado Victims
Thu, 23 May 2013 15:30:13 GMT
Jobless Claims Drop More Than Expected
Thu, 23 May 2013 15:29:49 GMT
Wall St. Opens Lower After Worldwide Slump
Thu, 23 May 2013 13:49:30 GMT
DealBook: In a Plus for Electrics, Tesla Repays a Big Federal Loan Early
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Bits Blog: Battle Over ‘GIF’ Pronunciation Erupts
Thu, 23 May 2013 13:27:43 GMT
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