WASHINGTON— Americans turned more optimistic about the economy in May than the previous month, buoyed by steady hiring and higher incomes. The University of Michigan said Friday that its index of consumer sentiment rose to 94.7 in May, the highest in nearly a year. Richard Curtin, chief economist for the survey, said the sentiment index has been higher than last... » Read More
Rep. David Schweikert, (R-AZ), discusses how far he is willing to go to get spending cuts.
Jeremy Siegel, Wharton School at The University of Pennsylvania, explains whether there is any way to separate how much of today's gains are "fiscal cliff" related or a pop based on fundamentals.
Insight on the first trading day of the year, with Anthony Chan, Chase Wealth Management; Michael Pento, Pento Portfolio Strategies; and Michael Farr, Farr, Miller & Washington.
CNBC's Steve Liesman highlights Treasury's extraordinary measures.
CNBC's John Harwood reports the agreement between the two parties on delaying the automatic defense and domestic budget cuts is what's standing in the way of securing a deal on the "fiscal cliff."
Jennifer Rubin, The Washington Post, says Americans' approval rating is sitting at 12 percent.
Discussing what impact a deal or no deal will have on the U.S. economy, with CNBC's Steve Liesman.
Discussing whether Congress is able to pass anything in time to fix the "fiscal cliff" mess, with Rep. Marlin Stutzman, (R-IN), and Rep. Adam Schiff, (D-CA), weigh in.
Michael Feroli, JPMorgan chief U.S. economist, explains how a near-term deal on the debt will not address the nation's long-term budget problems.
Jack Ablin, BMO Private Bank, and Stanley Crouch, Aegis Capital, discuss what going over the "Fiscal Cliff" means to investors as well as how people can protect money.
Dan Greenhaus, BTIG chief global strategist, forecasts what he thinks going over the "Cliff" means for the markets. Todd Schoenberger, LandColt Capital, also offers his opinion on where the markets are headed. Are we looking at extreme austerity, even if the country doesn't go over the "Cliff"?
CNBC's Brian Sullivan looks at the various "Cliff" scenarios and what's likely to happen if Congress can't find agreement. Rick Santelli looks at what the "Cliff" means to the bond markets and the dollar. And is debt an even bigger problem? With former Senator Judd Gregg (R-NH) and former Governor Ed Rendell (D-PA). Entitlements, they say, will have to be adjusted.
CNBC's Eamon Javers talks with Kevin Yoder (R-KS) about the ongoing "Cliff" discussions and the impact on global markets. Tony Fratto, Hamilton Place Strategies, and James Pethokoukis, American Enterprise Institute, discuss deal possibilities and what has a chance to pass the House.
CNBC's John Harwood and Steve Liesman look at where "Cliff" discussions stand and what could be the end result if Congress and the White House can't come to some agreement. Stifel Financial President & CEO Ronald Kruszewski talks about how the markets are likely to view the weekend's developments.
How to position your portfolio before the "fiscal cliff" deadline, with Rick Lake, Lasso Alternative Funds; Ed Moy, Morgan Gold; and Chad Morganlander, Stifel Nicolaus.
Stocks dropped on news President Obama is not making a new fiscal cliff offer, with Quint Tatro, Tatro Capital; Rick Lake, Lake Partners; David Sowerbby, Loomis & Sayles.
Discussing what 2013 will bring for U.S. retailers, with Jan Kniffen, J Rogers Kniffen, and Stacey Widlitz, S.W. Retail Advisors.
Think of this as a kind of wealth management version of last-minute Christmas shopping, reports CNBC's Hampton Pearson.
Another meeting is set for the White House at 3pm. CNBC's Eamon Javers has the details.
Markets pared earlier losses on new that lawmakers in the House are reconvening on Sunday night, with Chad Morganlander, Stifel Nicolaus; James Dunigan, PNC Wealth Management; and Alan Knuckman, OptionShop.