China's Dalian Wanda group and Tencent said they would set up an $814 million e-commerce joint venture with Baidu as the firms compete with Alibaba.» Read More
It takes real intelligence and discipline to succinctly express something worthwhile. Brevity is not only the soul of wit, it’s the key to communicating something memorable that really sticks.
US lawmakers prepared Thursday to pass a $789 billion stimulus package to revive the struggling economy in a victory for President Barack Obama that some warned may have costly consequences.
Global stocks were down again Thursday as investors floated back into safe havens on concerns of a drawn-out economic recovery. Experts interviewed on CNBC are still fans of gold, especially after the precious metal hit a 6-1/2 month high.
Banking leaders who benefited from a federal bailout are bringing a message of accommodation and gratitude to Congress, hoping for a better reception than the one given Treasury Secretary Timothy Geithner.
Although global stock markets plummeted Wednesday, with investors disappointed by the new US financial rescue plan, experts tell CNBC the US stock market could rally next week.
You probably thought Jim would tear the Treasury secretary apart. But instead he found hope for a recovery.
The Obama administration's financial-rescue plan contains a number of measures meant to ease the credit crunch, including a public-private initiative to take bad assets off of banks' balance sheets.
The Obama administration pushed back the announcement of a keenly awaited bank rescue plan until Tuesday as it pressed lawmakers to settle their differences over a huge economic stimulus package.
The Democratic-led Senate will try again to pass a $937 billion stimulus package aimed at boosting the battered economy as some of the worst unemployment data in decades boosted political pressure for a deal.
Where’s that infrastructure build-out we were promised? What about the job creation? Why is the new president’s stimulus package such a disappointment? China got it right.
President Barack Obama warned that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.
President Obama kicks off a campaign to rein in corporate compensation with rules limiting executive pay to $500,000 a year for companies getting taxpayer bailout funds in the future.
Technical analysts and “fundamentalists” alike offer bullish reasons why investors should own this stock.
Hank Greenberg, chairman and CEO at C.V. Starr and Co. and former CEO of AIG, told CNBC's Asia Squawk Box that it's clear AIG is more than a troubled company. Greenberg said the once dominant insurance company, needs to be rebuilt .
Following are the day's biggest winners and losers. Find out why shares of Wells Fargo and General Dynamics popped while Caterpillar and Pfizer dropped.
The Chinese economy will stage a "quick rebound" of economic growth, but the US has a tougher job, facing the loss of $1 trillion in consumption, Zhu Min, executive vice president of Bank of China, told CNBC.com.
US and global stocks are still likely to fall because the corporate and economic news will be worse than expected, Nouriel Roubini, RGE Monitor Chairman, told CNBC in Davos.
Since Geithner is something of a wounded warrior from the tax non-payment controversy, Team Obama’s economic policy is shifting toward a Larry Summers power-center right now.
Global governments, like Japan, Sweden and possibly Russia, are stepping up aid to support ailing financial companies in order to re-instill economic growth.
US President Barack Obama won't be there, but many other major world leaders will be on hand, and policy experts say they'll have to do more than just show up if they want to jumpstart the global economy.