The re-election of U.S. President Barack Obama next week would be positive for bonds, while a victory for Republican rival Mitt Romney would be better for equities, according to a survey of professional investors by Barclays.
Economist Larry Summers expressed optimism about the economy's long-term prospects, telling CNBC that the first step in setting off a "virtuous circle" was to avoid the "fiscal cliff."
As we enter the final days of the 2012 race, with each campaign raising and spending an unprecedented amount of money, the final call on who wins or loses may come down to something as simple as the weather on Election Day.
President Obama and Mitt Romney are both on pace to raise more than $1 billion with their parties by Election Day, according to financial disclosures filed by the campaigns, The New York Times reports.
Romney has pulled even with Obama in the battleground state of Colorado, but continues to trail narrowly in Nevada, according to new NBC News/Wall Street Journal polls.
The battle for a 4-year stay at the White House has an enormous price tag, reports CNBC's Eamon Javers.
Tired of fighting efforts to roll back union rights in state after state, organized labor is trying a new strategy: going on the offense. The first target is Michigan, the cradle of the UAW and a bastion of union power, The New York Times reports.
Barack Obama and Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads.
Apple earnings and a Microsoft product launch keeps technology names at the forefront Thursday in a market that has been mostly punishing the sector for the last month.
Campaign talk about taxes and deficits may have obscured what is arguably the nation’s biggest challenge: breaking out of a decade of income stagnation that has afflicted the middle class and the poor and exacerbated inequality, The New York Times reports.
GE Chairman Jeff Immelt warns Washington against diving over the "fiscal cliff," telling CNBC on Wednesday that the issue was a needless “distraction” at the wrong time.
Fed officials, huddling in Washington for a second day Wednesday, are likely to be discussing how to tweak policy later in the year. Those changes could include a new way of communicating their low rate policy, and what they will do when their Operation Twist ends in December.
While Silicon Valley and other traditional high-tech hubs claim dominance as places for startups, demand for health care and other business services has put places like Indianapolis and Salt Lake City on the entrepreneurial map.
The final presidential debate was supposed to be about foreign policy, but the candidates often tried to shift the focus to domestic issues like the economy. And as the debate lurched back and forth around the world, the facts were sometimes taken for a ride.
Real estate magnate and Republican political figure Donald Trump told CNBC he has a major announcement to make Wednesday concerning the presidential race.
Two weeks before Election Day, a late surge in support for Mitt Romney has put him in a dead heat with President Obama, according to a new NBC News/Wall Street Journal poll.
Two weeks before Election Day, President Obama and Mitt Romney are deadlocked at 47 percent among likely voters, a new NBC News/Wall Street Journal poll shows.
Despite his improved national standing, Romney trails Obama by at least six points in two key swing states, according to the latest NBC/WSJ/Marist polls.
Former SEC chief Harvey Pitt told CNBC Wednesday that the commission should investigate the surprise departure of CEO Vikram Pandit from Citigroup, since there were no hints given on the bank's earnings call the day before.