cnbc

'Mad Money's' Jim Cramer Used to Live Out of His Car

"Rags to riches" tales are a dime a dozen in America, but we were genuinely surprised when Jim Cramer opened up about his brush with homelessness Tuesday. The former hedge fund manager and controversial CNBC host had just graduated from out of Harvard Law when he hit rock bottom.

Pundit Predictions: How Accurate Are the 'Pros' Bold Guesses?

Every day, dozens of analysts, pundits and talking heads take to the media to make startling predictions -- the bolder the better. But which of them has a winning record, and who is full of hot air? A new website called "PunditTracker" is answering that question.

Vegas Realty Crisis, Meet Reality TV: CNBC Flips Over Foreclosures

If America's subprime mortgage crisis was an earthquake, Las Vegas would be the epicenter: No U.S. city has suffered more. But all that devastation makes for great TV. Or at least CNBC hopes so, because it's mining that economic disaster for "Flipping Wars: Vegas."

5 Ways to Give Your Finances a Spring Cleaning

CNBC personal finance expert Sharon Epperson says the spring is a good time to clean up your finances by adjusting your payroll withholding, boosting your retirement contributions and scheduling automatic savings.

Cramer Blames Monday's Market Slide on Europe

Jim Cramer of CNBC's Mad Money, appeared on Today to discuss Monday's stock market slide with Matt Lauer. Asked what Wall Street had really reacted to, Cramer said it wasn't the supercommittee's failure: "It's all Europe," he told Lauer.

The South Offers Most Bang for Cost of Living Buck

Everyday expenses have a direct effect on the price of doing business, which is why CNBC measures the cost of living when it does its survey of the top states for business. So where would a business find a state where the cost of living is low? The survey results point to the South.

Buzzword of the Week: Open Kimono

As political correctness gets ever more pervasive, business jargon is one of the last bastions of old-fashioned, rough and tumble crudity. Little surprise, then, that boardroom buzzwords sometimes veer into racism, sexism, or -- in the case of "open kimono" -- a combination of the two.

CEOs 'Encouraged' by Business Talks with Obama

The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy and the country's international competitiveness Wednesday.

Six Reasons Why Goldman Is Wrong on a Banking Recovery

On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC's "The Kudlow Report" to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. Here's why he argued that Goldman was dead wrong.