The congressional 'super committee' could quickly become a super-sized headache for markets if it doesn't show progress by its Thanksgiving-eve deadline. Investors are decidedly negative in their view of the bi-partisan committee, as they remember the high level of political rancor surrounding the debt ceiling debate and the subsequent downgrade of the U.S. credit rating last summer.
The Republican co-chair of the so-called super committee in charge of slashing the nation's deficit on Sunday called deliberations a "rollercoaster ride," and gave no indication that a deal could be struck before the panel's Thanksgiving deadline.
Time is running out for the Congressional super committee to find at least $1.2 trillion in budget savings over 10 years, with CNBC's John Harwood.
David Walker, the former U.S. Controller General, told CNBC Thursday he won't run for the U.S. Senate seat in Connecticut because he doesn't want to put his family through another long commitment to public service.
Even as a recent good-faith swap of offers showed a narrowing of differences over taxes, a special deficit-cutting "super committee" seems to have hit a major snag just two weeks before its deadline.
Real-estate mogul Donald Trump played it cagey with CNBC, saying Thursday he won't be endorsing a Republican presidential candidate for another month.
The latest debate among Republican candidates for president was a tame affair that produced few factual claims needing correction. Candidates stuck mostly to promises and expressions of their conservative faith in free markets, and their disdain for government.
Rick Perry moved into spin control Thursday after a stumble during the Republican presidential debate, and insisted it won't force him out of the presidential race.
CNBC's Scott Cohn fact-checks the candidate's statements from last night's debate.
Gathering to discuss the debate, voters step up and speak live at CNBC.com's Speakers Corner.
Herman Cain swatted away character issues, Rick Perry couldn't remember which federal agencies he wants to eliminate, and all the Republican candidates agreed that the way to save the government is by shrinking it.
This is the live blog of the CNBC GOP presidential debate for 2012.
The debate was relatively gaffe-free, with Texas Gov. Rick Perry providing the biggest oops moment: He said there were three Cabinet departments he wanted to get rid of but could only name two.
An awkward moment during tonight's appearance on CNBC's GOP Debate, Governor Rick Perry couldn't recall the third agency he would cut in his budget plan if he were elected President.
Texas Governor Rick Perry forgets the third agency he would dissolve. He says he would do away with Education, commerce and can't remember the third.
Romney says people on both sides of the aisle realize it's time to worry about America. We're headed toward being Italy if we don't change our course, he says.
I would turn those GSEs into private entities, says Herman Cain. "The government does not need to be in that business. I would find a way to unwind Fannie May and Freddie Mac."
CNBC's Steve Liesman asks Mitt Romney about the housing crisis. Romney says the housing problem was caused by government interference, and Gov. Rick Perry says regulations caused the problem. Also, Michele Bachmann and Newt Gingrich weighs in on Fannie Mae & Freddie Mac.
CNBC's Maria Bartiromo asks Rep. Ron Paul about his tax plan. He says it's not a tax issue, it's a spending issue, and the price-fixing of interest rates by the Fed is ripping off people on fixed income.
Do public companies have a responsibility to create jobs or make money, asks CNBC's Jim Cramer of Mitt Romney, who says you can have both.