The U.S. will go over the fiscal cliff early next year before a deal gets cut in January to address the country’s fiscal problems, Peter Orszag, a former Obama administration official, told CNBC’s "Closing Bell" on Wednesday.
The giant accounting firm PricewaterhouseCoopers says a claim by a hacker group that it stole Republican Presidential candidate Mitt Romney’s tax returns from an office in Tennessee does not appear to be true.
Day one of the Democratic National Convention in Charlotte, NC was heavier on emotion and personal stories than it was on verifiable facts, but there was still plenty of fodder for our Investigations Inc. fact checking team. 1st paragraph of story should go here
Former President Bill Clinton may be the highlight of Wednesday’s Democratic convention speakers, but a number of business leaders, including Carmax co-founder Austin Ligon, are also giving speeches to address whether the economy is better off under Obama’s leadership.
The country is unequivocally better off today than it was four years ago, Costco co-founder and former CEO Jim Sinegal told CNBC’s “Squawk on the Street” on Wednesday.
With the economy sputtering, President Obama would like voters to believe he faces tougher challenges than any president since Franklin Roosevelt and needs two terms to turn things around. Sadly, the president's problems are so daunting only because his policies are not up to the task.
Democrats across America will be glued to their TV’s Wednesday eager to hear from Bill Clinton. And what he says is anybody’s guess, including the Obama's.
Democrats approved a party platform at their national convention that echoes President Obama's call for higher taxes on wealthier Americans while backing same-sex marriage and abortion rights.
Unions and America are better off than they were when Obama took office, Richard Trumka, the head of the AFL-CIO told CNBC’s "Closing Bell"
President Barack Obama’s four years in office have been a disappointment, Andrew Card, former Bush administration chief of staff, told CNBC’s “Squawk on the Street” on Tuesday.
The Democratic convention will be far more critical of Mitt Romney and Republicans than the Republican convention was of the Democrats, real estate mogul Donald Trump told CNBC’s “Squawk Box” on Tuesday.
Mitt Romney and Paul Ryan plunge into the fall campaign on a two-track mission to convince Americans that the GOP nominee is the right man to fix the economy. President Obama gets ready for the big Democratic show.
Did Mitt Romney make the economic sale at the Republican National Convention? Did he convince people who are living at the margin or unemployed and discouraged that he has the answers to the economy? "Frankly, I don’t think so," CNBC's Larry Kudlow says.
Clint Eastwood, the Hollywood filmmaker who knows all about sticking to the script, turned in a bizarre, unscripted endorsement of Republican Mitt Romney.
The race between President Barack Obama and Mitt Romney, the Republican nominee, is showing some similarities to the 1980 contest between President Jimmy Carter and Ronald Reagan.
It’s time to start talking about real fiscal policies and stop relying on the Federal Reserve to fix the country's problems, former Utah Gov. Jon Huntsman said Thursday on CNBC’s “Squawk Box.”
At this point in the convention, you’d expect the delegates to be hoarse from screaming too much. That much is not surprising. But there have been a few unexpected moments and the press has missed a few things and overreacted at others.
Vice presidential hopeful Paul Ryan gave a powerful acceptance speech that elicited repeated standing ovations. CNBC's Larry Kudlow gave him high marks for his delivery but was disappointed by his "somewhat muddled" economic growth solutions.
Seizing the spotlight, Paul Ryan told the Republican National Convention on Wednesday night that Mitt Romney "will not duck the tough issues" if he wins the White House this fall, and their party will move forcefully to solve the nation's economic woes.
"Mitt Romney will tell us the hard truths," Gov. Chris Christie told the GOP Convention. But what were the truths behind the speeches? Here's a look at some of the facts behind the rhetoric.