BATH, Maine— The largest destroyer built for the U.S. Navy cuts an imposing figure: massive, with an angular shape, hidden weapons and antennas, and electric-drive propulsion. The Navy will soon learn how this modern take on the "tumblehome" hull holds up when the first-in-class Zumwalt heads out to sea in December for builder trials in the rough-and-tumble North...» Read More
The GOP rejected the Democrats $110 billion sequester avoidance plan, reports CNBC's Eamon Javers; and what the impact might be on the economy if the sequester goes into effect, with Alan Greenspan, Former Federal Reserve Chairman.
The deficit was front and center in last night's State of the Union, and with the upcoming sequester looming, Rep. Marsha Blackburn (R-TN), shares her opinions on spending cuts.
Defense Secretary nominee Sen. Chuck Hagel is facing criticism for past comments he's made on Israel and Iran, with Jimmy Williams, Democratic Strategist. Kevin Williamson, National Review; and Joel B. Pollak, Breitbart editor-in-chief.
In what ways the sequester could impact the economy, with Laura Tyson, University of California Berkeley business professor, and Robert McTeer, National Center For Policy Analysis.
Sen. Rand Paul (R-KY) discusses what the economic impact of sequestration could be, and the Fed's current policies. "The sequester barely cuts any icing off the top of the cake," he says.
CNBC's Rick Santelli talks with Bill Frezza, Huffington Post columnist, about why Republicans should back a plan to cut defense spending.
Heather Hurlburt, Executive Director, National Security Network talks about the Obama administration's foreign policy shift as Hagel's Defense Secretary confirmation faces even more hurdles.
Discussing their expectations for QE, with Bill Gross, Pimco founder; David Kelly, JPMorgan Funds; Diana Swonk, Mesirow Financial; and CNBC's Steve Liesman.
CNBC's Hampton Pearson reports the Fed continues to see downside risks for the economy.
What to expect from the Fed's meeting, and monetary policy ahead, with Bill Gross, Pimco founder; David Kelly, JPMorgan Funds; Diana Swonk, Mesirow Financial; and CNBC's Steve Liesman.
CNBC's Jane Wells takes a close look at how defense stocks are reacting to the 30 percent cut in defense spending by the government in the 4th quarter. Northrop CEO Bush said he "cannot recall a time of greater uncertainty."
Fourth quarter GDP numbers are out and are shocking almost everyone. CNBC's Steve Liesman reports there may be a silver lining after negative growth.
Egypt's army chief said political strife was pushing the state to the brink of collapse - a stark warning from the institution that ran the country until last year, as Cairo's first elected leader struggles to contain bloody street violence.
Defense shares have continued to be positive going into earnings season (Boeing aside due to 787 problems), even though most analysts believe earnings will be lower than a year ago.
Boeing is not planning to change its 787 production schedule despite recent problems, reports CNBC's Phil LeBeau. Ken Herbert, aerospace analyst at Imperial Capital, weighs in.
Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing's 787 Dreamliner passenger jets while battery-related problems are investigated.
The spending cut sequester is coming to the Defense Department, with Gen. Barry McCaffrey, U.S. Army Retiree; Katherine Mangu-Ward, Reason Magazine; and CNBC Contributors James Pethokoukis and Keith Boykin
Former Nebraska Republican Sen. Chuck Hagel's possible nomination for the nation's next Defense Secretary had been rumored for weeks. Elliott Abrams, Council on Foreign Relations; Gen. Wesley Clark, U.S. Army Retiree; and Tony Fratto, Former White House Deputy Press Secretary, discuss whether Hagel's nomination is controversial.
Defense Secretary Leon Panetta commends President Obama on his decision to nominate Former Nebraska Sen. Chuck Hagel (R) as the next Secretary of Defense, and counterterrorism adviser John Brennan as director of the CIA; and Sen. Chuck Hagel accepts the President's nomination.
President Obama is unveiling two choices to head his security team and they are sure to be controversial, reports CNBC's John Harwood.