WASHINGTON— The Treasury Department is sanctioning a government official and others in Zimbabwe for allegedly undermining democracy in the southern African nation. The department says Mudede oversaw critical elements of Zimbabwe's flawed July 2013 presidential and parliamentary elections.» Read More
Now that the Obama and Romney campaigns have closed their headquarters, the political world is looking at 2016. Is there a Bush looming?
Right after the election, it was all peaches and cream and conciliatory common-ground language.
"The Pledge"and its creator, anti-tax crusader lobbyist Grover Norquist, have never faced a test as they do now. Some GOP pledge signers say they want out, The New York Times reports.
The real pain could be felt at the local level, where federal spending is a huge part of the economy and where the government is the only employer in town.
A looming increase in capital gains tax rates — not fears about going over the “fiscal cliff” —are responsible for the post-Election Day stock selloff, Jeremy Siegel says.
The "fiscal cliff" sounds like a scary place. Headlines about "taxmaggeddon" are flashing on TV screens, next to clocks ticking down to Jan. 1.
Retail investors have been sitting on the sidelines as they await some kind of resolution to the country’s fiscal problems, but it won’t take much to get them back into the market, TD Ameritrade CEO Fred Tomczyk, told CNBC’s “Closing Bell” on Friday.
Anti-tax crusader Grover Norquist blasted Alan Simpson, saying the former Republican senator's call for tax increases to help solve the fiscal crisis amounted to "ranting."
Congressional leaders voiced optimism about reaching a deficit-reduction deal to avert the "fiscal cliff," giving the stock market a reason to rebound.
White House officials are said to be in advanced talks to replace the “sequester” with a package of smaller, more targeted spending cuts and tax increases, The Wall Street Journal reported.
President Obama's proposal to extend the middle-class tax cuts before reforming the tax code and entitlements is a "sucker's game," billionaire investor Wilbur Ross told CNBC Thursday.
Republican governors who had delayed decisions on setting up health exchanges under Obamacare are now in a bind on the eve of Friday's deadline to do so, The New York Times reports.
Mitt Romney attributed President Obama's victory in part to big policy "gifts" for African-American, Hispanic and young voters, The New York Times reports.
In a challenge to Republicans, President Obama urged Congress to extend expiring tax cuts immediately for all but the wealthiest Americans as a way to eliminate half of the "fiscal cliff" that threatens to send the economy back into recession.
Despite all this talk about the “fiscal cliff,” investors aren’t really trading stocks as if they’re petrified of it, Citigroup U.S. equity strategist Tobias Levkovich told CNBC’s “Squawk on the Street” on Tuesday.
In the event the US goes off the "Cliff", don’t expect the Fed to shield markets from the worst.
It appears Dems are warming up to a GOP plan they scoffed just a week ago, before the election.
Union leaders backed President Obama, and the full cast of lawmakers in the "fiscal cliff" debate gathered in Washington for the first time since the elections, setting the stage for a week of trial balloons and rhetorical repositioning.
Tax reform sounds like a great idea - until the loophole that's closed is the one that puts money in your pocket.
Limiting tax deductions as part of a "Fiscal Cliff" deal would force the wealthy to bear the brunt of the cost, with million-dollar earners getting hit the hardest.