Former Federal Reserve Chairman Paul Volcker told CNBC his namesake rule has already changed how Wall Street does business. » Read More
By: Javier E. David
Both spending cuts and added revenues should be part of a final agreement to the “fiscal cliff” battle raging in Washington, Goldman Sachs CEO Lloyd Blankfein said Wednesday. » Read More
By: Reuters with CNBC.com
Sen. Harry Reid said Tuesday that "fiscal cliff" talks have made little progress, sending stocks down, while Senate Republican Mitch McConnell ripped into President Obama for taking his argument on the road. » Read More
Traditional alliances have shifted, and teachers’ unions have pursued some strange bedfellows among lawmakers who would not appear to be natural allies, The New York Times reports.
Nothing taxes the credibility of politicians like their promises and claims about taxes, and President Obama and Governor Romney top the list for testing the credulity of voters.
It's the great debate about the debates. President Obama and Mitt Romney are going head to head soon in an attempt to win your vote. But do the faceoffs really matter? Some experts say people are more interested in seeing a train-wreck moment than in hearing substance.
Arizona and officials in other Republican-led states are quietly designing an insurance exchange — one of the most essential and controversial requirements of the new health care law, The New York Times reports.
Mitt Romney criticized President Obama on Sunday for refusing to meet Israeli Prime Minister Benjamin Netanyahu during this week’s United Nations General Assembly meeting, accusing the president of distancing the US from an important Middle East ally. The New York Times reports.
Rep. Paul Ryan’s selection as Mitt Romney's vice presidential nominee is yielding something the campaign can do without: second-guessing about how Ryan is being used, The New York TImes reports.
In the presidential campaign, China has become a focal point encompassing security and economic concerns, highlighting the nations’ complex relationship, The New York Times reports.
President Barack Obama holds clear leads over Republican challenger Mitt Romney in three more swing states—Wisconsin, Colorado and Iowa—according to new NBC News/Wall Street Journal/Marist College polls.
Mitt Romney said "There are 47 percent of the people who pay no income tax." Who are these people, and why are they exempt? Click to see which states have the highest number of people who pay no federal income tax.
Stepping up his criticism of Mitt Romney's caught-on-tape moment, President Obama said his Republican rival's comments about voters suggest he doesn't know Americans very well.
The only thing that stands in the way of a boom in economic growth is fiscal policy, former Senator Judd Gregg said on Thursday.
Going beyond Mitt Romney's reference to 47 percent not paying federal income taxes, we looked at the rest of the secretly recorded video and found other instances where Romney’s facts do not always add up.
One study has found that the top 1 percent of filers earning over $400,000 raked in about $258 billion in reduced taxes through deductions and exclusions. The top 10 percent of filers took in more than $435 billion in reduced taxes.
Mitt Romney says he cares about the poor and middle class as he tries to stem criticism over secretly recorded comments that he doesn't worry about the half of the country that doesn't pay federal income taxes.
Mitt Romney needs to a lay out a clearer, more encompassing vision of what he will do as president and not get sidetracked by small controversies, businessman and author Jack Welch said.
President Obama has widened his lead over Mitt Romney, according to the latest NBC/WSJ poll. The results come as Romney struggles to explain remarks deriding Obama supporters in a leaked video.
The states that donate the most in total to presidential campaigns are the most populous, like California. When the same data is crunched to determine a per-household basis, states with small populations are among the largest donors.