The Fed should get ahead of the fiscal policy risks and increase interest rates in September, former Obama budget director Peter Orszag says.» Read More
U.S. stocks fell sharply Friday as worries about earnings continued to rattle the market.
Wall Street and Washington now favor a government-run entity to buy troubled assets from banks and other struggling financial firms.
Wondering what President Obama is planning to do to save the auto industry? Just ask some of the people the President's advisors have been consulting.
U.S. stock index futures pointed to a lower open Friday, following on from weakness in the previous session.
Global stocks ended the week lower Friday on heightened economic fears. The dollar and government bonds gained as investors parked their money in safe havens.
Warren Buffett sat down recently for a taped interview with Susie Gharib of Nightly Business Report to mark the PBS program's 30th anniverary tonight. In the conversation, Buffett hints Berkshire Hathaway might buy back some of its stock since it has fallen so sharply from its highs. He also says the credit crunch is easing but business conditions are getting worse. This is a transcript of that entire interview, as provided to us by NBR.
Team Obama has gotten its way on the Tim Geithner nomination for Treasury Secretary - but the Democrats may rue the day, since Geithner’s lack of character and truth-telling will surely take its toll and sully President Obama’s new era of responsibility.
The House hopes to vote next week on the $825 billion package sought by President Barack Obama to help the struggling economy, House Speaker Nancy Pelosi said Thursday.
Former President Bush may be kickin’ up his heels now that he’s back home in Texas – but he won’t be kickin’ back for long.
Now that he's taken the oath of office a second time, watched the Jesse White Tumblers in the inaugural parade, and danced at several balls celebrating his inauguration, President Obama faces some tough choices with the auto industry. What should he do? What would you do if you were sitting in the oval office?
With the dramatic plunge in the British pound and the dramatic rise of the Japanese yen & Swiss Franc, the rumblings from Tokyo to Zurich to London are all pointing in the direction of action, says Andrew Busch.
The company that makes the popular Beanie Babies is hoping for two more big winners with dolls named "Sweet Sasha" and "Marvelous Malia."
The yen rose toward a 13-1/2 year high against the dollar and a seven-year peak versus the euro on Thursday. While the sterling fell again against the greenback, nearing $1.3618, its lowest since September 1985.
Caroline Kennedy has withdrawn from consideration for the vacant Senate seat in New York, according to a person told of her decision, the New York Times reports.
Who better to ask than a man who has the new president's ear? Find out what he had to say about Steve Jobs and Apple, creating white-collar jobs and America's next "man on the moon" moment.
It's all about capital preservation right now, Cramer says.
The pressure's on Obama to save the economy. His presidency will succeed, or fail, with the markets.
Dr. Steven Nissen, the cardiology chief at the Cleveland Clinic, reportedly remains on the shortlist to possibly become the next FDA Commissioner. Some analysts believe if Dr. Nissen gets the nod there could be a negative knee-jerk reaction in the big pharma sector stocks.
And other things we can all do to help right the ship.
Now is a good time to be investing in U.S. stocks over a longer-term horizon, John Haynes, equity strategist at Rensburg Sheppards told CNBC Tuesday.