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Top Business Stories from the U.S.
Updated: 10 hours 29 min ago

Has Roubini Backtracked on Equities?

Wed, 05/08/2013 - 1:50am
Squawk Box anchors debate Nouriel Roubini's change of sentiment on the markets.
Categories: US News

Manchester United Manager Retires

Wed, 05/08/2013 - 1:39am
Long running manager of U.K. soccer club Manchester United, Alex Ferguson, is retiring, the club announced on Wednesday.
Categories: US News

Stanchart Sees Lower Profits on Cost Increases

Wed, 05/08/2013 - 12:39am
Standard Chartered said on Wednesday its first quarter operating profit was likely to be slightly lower than a year ago.
Categories: US News

Roubini: No Stock Bubble, but Crash Looms

Wed, 05/08/2013 - 12:27am
Stocks aren't in bubble territory as yet, but a "huge rally in risk assets" over the next two years puts markets in danger.
Categories: US News

Another Bigger Crash Coming: Roche

Wed, 05/08/2013 - 12:07am
The bond markets will crash once global central banks stop buying debt, strategist David Roche told CNBC.
Categories: US News

Don’t Stand in the Way of the Nikkei Train

Tue, 05/07/2013 - 11:54pm
Japan's benchmark stock index rose to its highest level in five years on Wednesday, taking its gains this year to just over 35 percent.
Categories: US News

Brazil's Azevedo Wins Battle to Lead WTO

Tue, 05/07/2013 - 11:43pm
Roberto Azevedo, picked to head the World Trade Organization, is in every respect the quintessential Brazilian diplomat.
Categories: US News

China Defies Growth Fears With Strong Trade Data

Tue, 05/07/2013 - 10:49pm
China's exports rose 14.7 percent in April from a year ago, beating expectations and possibly easing some of the concerns about weakness in the recovery of the economy.
Categories: US News

Euro's Future Doesn't Hinge on Draghi Alone

Tue, 05/07/2013 - 10:01pm
The difference policy stance between the Fed and the ECB will exert a bigger and bigger influence on the forex market pushing the euro/dollar down.
Categories: US News

Lew Blames Washington for Slow Growth

Tue, 05/07/2013 - 8:28pm
Dysfunction in Washington is one of the biggest drags on the U.S. economy, Treasury Secretary Jack Lew says.
Categories: US News

Demystifying the 'Great' Recession

Tue, 05/07/2013 - 7:55pm
Even the rosiest of forecasters acknowledge growth slowed sharply from the first quarter and yet major U.S. stock indexes continue to climb.
Categories: US News

Bank of China Closes North Korean Account

Tue, 05/07/2013 - 7:33pm
Bank of China has shut the account of North Korea's main foreign exchange bank.
Categories: US News

EA Outlook Tops Forecasts

Tue, 05/07/2013 - 7:26pm
Electronic Arts reported earnings that fell short of analyst expectations but revenue and its outlook topped forecasts.
Categories: US News

More Gains Likely After Dow 15,000

Tue, 05/07/2013 - 6:51pm
The Dow finished above 15,000 for the first time ever, and it may keep pushing higher.
Categories: US News

Zillow Raises Forecast, Shares Gain

Tue, 05/07/2013 - 6:16pm
Zillow delivered revenue that beat expectations, helped by the US housing-market recovery, and raised its full-year forecast.
Categories: US News

Syria Vanishes From the Internet

Tue, 05/07/2013 - 6:04pm
Syria's Internet appears to be almost completely shut down, according to the cyber security firm Umbrella.
Categories: US News

Whole Foods Raises Its Outlook

Tue, 05/07/2013 - 5:25pm
Whole Foods beat on earnings and raised its full-year forecast, saying store sales had recently accelerated. Shares rose after-hours.
Categories: US News

Mondelez Raises Earnings Outlook

Tue, 05/07/2013 - 5:07pm
Mondelez beat on earnings and raised its full-year forecast, citing a benefit from a tax item.
Categories: US News

JC Penney Points Finger at Ousted CEO

Tue, 05/07/2013 - 4:49pm
JC Penney said it expects a sharp drop in revenue in the first quarter, citing strategies of ousted CEO Ron Johnson.
Categories: US News

Disney Earnings Beat Forecasts

Tue, 05/07/2013 - 4:39pm
Disney reported earnings and revenue that beat Wall Street expectations for the latest quarter, on strength in its parks and recreation and studio businesses.
Categories: US News

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