Carl Icahn shopped a portion of his Herbalife stake, but in a twist ended up buying more
Posted: 27 August 2016 | 12:42 pm

Sources tell CNBC that the billionaire investor may have wanted to unload his Herbalife stake just before he bought a new lot.

For social protest, banking and economics have become the new black
Posted: 27 August 2016 | 12:00 pm

For some, the fight for social equality is moving to a new battleground: the banking sector.

Icahn reignites billionaire battle with 'obsessive' Ackman
Posted: 26 August 2016 | 5:41 pm

Carl Icahn bought 2.3 million shares of Herbalife and criticized Bill Ackman for obsessing over his short position in the company.

Read Carl Icahn's scathing critique of Bill Ackman
Posted: 26 August 2016 | 5:15 pm

Carl Icahn slammed Pershing Square's Bill Ackman for making false statements about Icahn's Herbalife investment.

Yellen: Case for raising rates has strengthened 'in recent months'
Posted: 26 August 2016 | 1:31 pm

Fed Chair Janet Yellen voiced optimism about the economy and an expectation that interest rate hikes are ahead.

Fed's Fischer: Economy is stronger, next jobs report a key for hike decision
Posted: 26 August 2016 | 12:30 pm

Fed Vice Chairman Stanley Fischer tells CNBC the decision on whether to hike rates should be looking forward not backward.

Stocks react to the Fed's game of 'Good cop, bad cop'
Posted: 26 August 2016 | 12:26 pm

Yellen and Fischer's comments at Jackson Hole leave markets right where they started the session.

It’s a sign the US auto market is overheating
Posted: 26 August 2016 | 12:03 pm

Delinquencies in subprime auto loans are on the rise, and that could signal bad news for lenders and automakers.

Bill Ackman: Carl Icahn looks to sell Herbalife because 'he knows this is toast'
Posted: 26 August 2016 | 11:07 am

Bill Ackman tells CNBC he was approached indirectly by Carl Icahn to purchase a stake in Herbalife — his longtime short target.

Wall Street banks get a boost on Yellen comments
Posted: 26 August 2016 | 10:23 am

Wall Street banks get a lift from Janet Yellen's comments as the market begins to price in a near-term rate hike.

Read Janet Yellen’s full speech about the state of monetary policy
Posted: 26 August 2016 | 10:14 am

Read Fed Chair Janet Yellen's full speech.

Fed's Bullard says September might be a good time to raise interest rates
Posted: 26 August 2016 | 9:45 am

But St. Louis Fed President James Bullard wouldn't be firm, saying he would like to raise rates on good economic news.

Fed's Mester says 'we'll have some strengthening in the second half of the year'
Posted: 26 August 2016 | 9:37 am

"I think the economy is on a good track," Cleveland Fed President Mester said, "the employment numbers show that."

Early movers: HLF, AAPL, TSLA, SCTY, VIAB, PSTG & more
Posted: 26 August 2016 | 8:17 am

Names on the move ahead of the open.

Gas stations fight hackers — but they're going to have to pay for it
Posted: 26 August 2016 | 8:00 am

Some retailers were unprepared for the transition to upgraded payment cards. Gas stations have to make the switch next.

Icahn mulled selling Herbalife stake to group that included Ackman: Report
Posted: 26 August 2016 | 4:58 am

Sources told the WSJ that investment bank Jefferies Group had been looking for buyers for Icahn's stake worth roughly $1 billion.

Return to 14-day repos gives market more flexibility, top PBOC official says
Posted: 26 August 2016 | 2:26 am

To push banks to lend for longer periods of time, the central bank used 14-day reverse repos for the first time since February.

China, US to ratify landmark Paris climate deal ahead of G20 summit
Posted: 25 August 2016 | 10:17 pm

China and the U.S. are set to announce their ratification of a landmark climate change pact before the G20 summit, the SCMP reports.

Fed rate hike could spark sell-off in Asian stocks, Macquarie warns
Posted: 25 August 2016 | 9:03 pm

A rate hike from the Fed could spark an Asian stocks sell-off and trigger capital outflows in China, according to Macquarie IM.

Deutsche CEO: Negative rates could have 'fatal consequences'
Posted: 25 August 2016 | 1:26 pm

"Monetary policy is thwarting goals to strengthen the economy and to make banks safer by now," John Cryan says.

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