WASHINGTON/ NEW YORK, July 30- The U.S. Justice Department asked the Supreme Court on Thursday to reverse a federal appellate court's insider trading ruling, calling it a "roadmap" for potential criminals that undermined efforts to ensure the "integrity of the security markets." Solicitor General Donald Verrilli filed a petition seeking review of a December...» Read More
The White House is preparing contingency plans if the Supreme Court declares part of President Obama's signature health care reform unconstitutional, The New York Times reports.
Oil fell to its lowest levels in a year and a half on Thursday, the outlook for oil remains weak and sanctions imposed on Iran are likely to make matters worse, Dan Yergin, co-founder and chairman of energy research consultancy Cambridge Energy Research Associates (IHS CERA) told CNBC.
New financial filings show that super PACS supporting Mitt Romney and his party are widening the money gap over struggling pro-Democratic organizations.
European policymakers should come up with a sweeping solution to stop the spreading of the debt crisis sooner rather than later, to restore confidence to markets, participants in a panel organized by CNBC at the Saint Petersburg International Economic Forum said on Thursday.
“Vehement partisanship” in U.S. politics has stopped the Right and Left from coming up with effective solutions to solve the current economic crisis, according to Woody Brock, author of “American Gridlock.”
President Obama has said the U.S. has a supply of natural gas to last nearly 100 years. But it turns out geologists and other researchers disagree on that supply figure, which has huge implications for America's energy policy.
U.S. energy producers' ability to pull natural gas from shale may have contributed to a price-dampening oversupply for now, but it’s also triggering tens of billions of dollars in capital investments.
Natural gas's real potential for economic impact lies in the vast reservoirs of shale gas that are newly accessible through hydraulic fracturing.
Amid cries for energy independence, fracking has become crucial to taking advantage of previously untapped resources. Take a closer look at hydraulic fracturing, and why the technology has become so important and controversial.
Environmental issues aside, the economics of natural gas may have already dethroned coal as the nation's key source of electrical power.
Natural gas has often taken a backseat to crude oil in the Texas energy business, but the advent of fracking shale gas has given it star billing in the Lone Star State — and the nation.
The natural gas industry may be hurting from rock-bottom prices now but if allowed to fully exploit the shale-gas boom, there may be few losers and many winners in the years to come.
Heated debate over the impact of liquefied natural gas exports on domestic prices is threatening to derail them at a crucial time for the U.S. industry.
It's almost impossible to overestimate the importance of fracking to the natural gas industry and the nation. It's also difficult to understate the controversy surrounding the environmental issues. Our special report, "Who's Winning the Natural Gas Game?," addresses both
Other countries have invested billions in alternative fuels, from Brazil's government-sponsored soybean-ethanol push to France's headlong expansion of nuclear power after the oil shocks of the 1970s. Should the U.S. do the same?
Republican Sen. Marco Rubio tells CNBC that President Obama ignored Congress and the Constitution by implementing new immigration rules by executive order.
The federal agency is aggressively responding to a series of what it sees as hostile attempts by private sector firms to access its website at times when market-moving economic data are released to the public.
Congress doesn’t often get a second chance to do the right thing. But when it comes to health care, the U.S. Supreme Court may provide lawmakers a historic opportunity to do just that.
U.S. authorities are ratcheting up their investigation of residential mortgage-backed securities — the bundles of mortgages that were at the heart of the 2008 financial crisis. And they are appealing to the public for help.
Pietro Nivola, Brookings Institute and Dan Mitchell, Cato Institute debate whether government dysfunction is preferable to austerity and the impact the fiscal cliff would have on the economy.