In Senate primaries in Arizona, Florida and Alaska, veteran politicians are poised to brush back charges from insurgent outsiders and move on to the general election—possibly showing that the anti-incumbent mood of the electorate has started to soften.
Five years after Hurricane Katrina destroyed New Orleans, the city's mayor said its recovery—slowed by the Gulf oil spill—will take at least another five years.
Stay away from Treasurys as they’ve been rallying since 1981 - equivalent to a 19-year bull run, said Marc Faber, editor & publisher of The Gloom, Boom & Doom Report.
Cramer thinks these things need to be done to regain the individual investor's confidence in the markets.
The US housing market is in a double-dip recession, Moody’s Analystics chief economist Mark Zandi told CNBC Monday.
While bankers I speak with continue to be busy, most sound a similar refrain. Activity is picking up and seems likely to move at a more substantial pace into the fall, but few are expecting to set any records.
The U.S. should add income tax brackets for those making $1 million, $5 million and $10 million, a tax and federal budget expert from the think tank the Center for American Progress told CNBC Monday.
The recent bull market in bonds is creating a compelling financial arbitrage opportunity for corporations with the wherewithal to take advantage.
Propagandists have long believed that if you tell a lie big enough and keep repeating it, people will eventually come to believe it. And thus we see increasing numbers of Americans who believe President Obama is a Muslim, or at least not a Christian.
There are many books written about the global economy’s collapse by those who can quote their ‘inside’ sources, but the ultimate ‘insider’ — the man who was actually IN the INSIDE and at the very center of the storm — tells his story in "On the Brink: Inside the Race to Stop the Collapse of the Global Financial System."
S&P futures lost all their early morning gains and fell about 10 points after a disappointing jobless claims report at 8:30am ET. Markets continued to fall after the open. In focus this morning: more tepid to poor retail reports.
The U.S. 4th Stryker Brigade, 2nd Infantry Division—the last withdrawing unit of U.S. combat troops in Iraq—is crossing the border into Kuwait early Thursday, local time, NBC reported.
Abercrombie, down 8 percent, beat estimates and posted a decent 5 percent increase in same store sales, but inventory levels, up 47 percent, were a shocker.
As the Obama administration hosts a housing conference to address the role of Fannie Mae and Freddie Mac, we should remember that homeownership’s promise was ruined by Wall Street’s recklessness, not by federal policy. To fix the nations’ affordable housing policy, we support bringing the GSEs to their former public-private status, but with some key changes.
This is going to be one nail-biter of a back to school season: It looks like the consumer is going to buy VERY LATE. And by the way, the largest pure-play potash producer in North America is not Potash, it's Intrepid Potash (IPI), which also traded up about 12 percent pre-open.
The Vineyard Golf Club, where President Obama may soon play, is thought to be the U.S.’s only organic course, reports The New York Times.
A billionaire who last week launched a dare for people to stand naked in front of US President Barack Obama has just raised the stakes for the prank to $1 million from a previous $100,000.
Deflation is coming and Americans should be alarmed.
The sinkhole that is Fannie Mae and Freddie Mac is not a function of those firms making new loans that have gone bad, but the continued “bleeding,” says one key lawmaker, from previous loans made before the crisis that are still going belly-up.
Homeowners who are deeply in debt but are current on their mortgage payments should be allowed to refinance without documentation, an investment adviser suggested on CNBC Monday.