LONDON, Feb 10- The dollar languished close to a 3-1/ 2- month low against a basket of major currencies on Wednesday, as traders waited for U.S. interest rate guidance from Federal Reserve Chair Janet Yellen. Worries over sliding commodity prices, a slowing China and the health of European banks have also dampened dollar demand in favour of safe-haven assets such...» Read More
CNBC's Jane Wells reports on the latest trades in corn and grain after a government report predicts significant cuts in yields.
The summer drought is driving up commodity prices. CNBC's Jane Wells reports the latest data from the USDA on global supply and demand.
Discussing common sense and effective regulations, with CNBC's Rick Santelli.
President Obama's campaign and the Democratic party raised $71 million in June, well below the $106 million hauled in by Mitt Romney and GOP.
"We absolutely have to look at other ways" to pay for infrastructure, one former state official said. "There's only so much bonding you can do."
Mitt Romney says the June jobs numbers show a new president is needed and "this kick in the gut has got to end." President Barack Obama is blaming Republicans and "the stalemate" in Washington.
Evidence is mounting that the economy is taking a hit because Congress can't – or won't – deal with the 'fiscal cliff' looming at year's end. The fight on Capitol Hill last summer over the national debt limit also took an economic toll., the Christian Science Monitor reports.
Mitt Romney now says requiring all Americans to buy health insurance amounts to a tax, contradicting his senior campaign adviser who insisted days earlier it wasn't a tax.
When policy makers in Washington worry about Mexico these days, they think in terms of a handful of numbers: Mexico’s 19,500 hectares devoted to poppy cultivation for heroin; its 17,500 hectares growing cannabis; the 95 percent of American cocaine imports brought by Mexican cartels through Mexico and Central America, the New York Times reports.
Six years after Gov. Mitt Romney signed the nation's most ambitious health-care law, supporters say it holds promise for the long-term success of President Obama's plan.
It looks like a tax, smells like a tax, and the Supreme Court says it must be a tax. But politicians in both parties are squirming over how to define "it."
Millions of people in a swath of states along the East Coast and farther west went into a third sweltering day without power Monday after a round of summer storms that killed more than a dozen people.
Mitt Romney's campaign says it has raised more than $4 million within 24 hours of the Supreme Court's decision to uphold President Barack Obama's health-care law. The White House, meanwhile, is urging congressional Democrats to engage Republicans in a fight over taxes
President Barack Obama called the Supreme Court's ruling upholding his health-care reform "a victory for people across the country," while Mitt Romney said he will work "on my first day as president" to repeal the law if he's elected in November.
Wallce "Pop: Morris was ultimately caught after filing a total of $1.2 million in fake insurance claims.
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.”