U.S. Coast Guard officials say they have launched a formal investigation into the sinking of a commercial fishing vessel off Gloucester, Massachusetts, that resulted in seven deaths.

The subject was found fishing without a valid license, fishing while under a license revocation, and had four active arrest warrants.

Transportation officials said the ferry “The Patriot” was on its normal course to the island when the right side hit unexpected shoaling.

Have you ever wondered what your watch's water resistance rating actually means? ✓ Tune in to this episode of Fratello Talks ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

Opening a checking account as a student is a great way to learn financial independence, but many banks charge maintenance fees of up to $15 a month if you don't meet certain minimums or other ...

Cruise travelers love to grumble about it—but it's necessary for good reason.