Financial firms are shelling out big cash for the mid-term Senate elections, but their favorite candidate is an unlikely one.» Read More
President Obama on Tuesday will seek to move beyond the politics of the moment to define a second-term agenda built around restoring economic prosperity to the middle class, using his State of the Union address to unveil initiatives in education, infrastructure, clean energy and manufacturing.
Jack Lew, President Barack Obama's pick to be U.S. treasury secretary, is expected to come under fire for the administration's budget policies and a nearly $1 million bonus he received from bailed-out bank Citigroup when he testifies on Wednesday before a Senate panel vetting him for the job.
Penny Pritzker, a possible nominee for commerce secretary, has never been comfortable with the title "billionaire." Her wealth could also be an odd fit in the Obama White House.
Automatic government spending cuts due to go into effect March 1 unless Congress acts. The effect of the reductions would slash non-defense programs by 9 percent across the board and defense programs by 13 percent, the White House said.
John Engler, Business Roundtable, explains what the President needs to say at the State of the Union next week, with CNBC's Rick Santelli.
Lawmakers are expected to approve New Jersey Governor Chris Christie's amendments to existing legislation on Internet gaming, reports CNBC's Brian Shactman.
A hacker apparently accessed private photos and emails sent between members of the Bush family, including both former presidents.
"It's almost like they don't give a damn," Hollywood legend and Republican supporter Clint Eastwood told CNBC, referring to the gridlock in Washington.
From long delays at the nation's airports to huge potential layoffs of government workers, Americans may soon feel the pinch of austerity. The Financial Times reports.
Discussing what's the GOP's primary problem, with Peter Suderman, Reason Magazine; Mark Hannah, Democratic political analyst; and Ann Coulter, syndicated columnist.
Nominated to head the CIA, John Brennan told a protest-disrupted Senate confirmation hearing Thursday the United States employs drone strikes only as a deterrent against imminent terrorist threats, not as punishment for previous attacks.
Across-the-board budget cuts present the U.S. military with the most significant readiness crisis in more than a decade and quick action is needed to avoid the spending reductions, Defense Secretary Leon Panetta warned during testimony Thursday before the Senate Armed Services Committee.
President Barack Obama told fellow Democrats on Thursday he is willing to agree to a "big deal" with Congress on spending cuts and tax reforms to end the fiscal uncertainty over the deficit.
While in the private sector John Brennan, President Obama’s nominee to be director of the CIA, was working for a corporate parent that was looking business from Chinese companies while it labored on sensitive US security operations.
Texas Gov. Rick Perry has released a radio ad in California hoping to lure businesses to the Lone Star state. California Gov. Jerry Brown's reaction? "It's a big nothing."
President Obama on Wednesday tapped REI business executive Sally Jewell to lead his Interior Department, making her the first woman he has nominated for his Cabinet in the second term.
Republicans on the Senate Armed Services Committee proposed a seven-month delay in looming automatic spending cuts that would be paid for by shrinking the federal workforce.
A deficit reduction package to preserve short term economic growth by delaying the most aggressive measures would a no-go for the markets, the private sector and politicians, business leaders told CNBC on Wednesday.
Let's help out the former Treasury Secretary with title suggestions for his upcoming book.
"This is just one step in a plan to resolve our finances," Postmaster General Patrick Donahoe said in an interview on CNBC.
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