If the pipeline isn't built, some experts say, "the most toxic fossil fuel on the planet" will still find its way to the surface. NBC News reports.» Read More
Stocks ended lower in volatile trading Thursday after Fed Chairman Ben Bernanke failed to provide additional detail on how to boost the weakening U.S. economy and as investors looked ahead to President Obama's jobs speech later this evening.
Are American's lacking a willingness to take any job? Job postings are up, but a Princeton study suggests the longer people receive unemployment, the less time they devote to finding a job, with CNBC's Jane Wells.
Futures slipped further Thursday as investors were disappointed by the weekly jobless claims report that showed a gained, while trade deficit rose less than expected.
Futures extended their rally Wednesday, attempting to rebound from a three-day decline, following a German court ruling in favor of the country's participation in Greece bailout.
The current market volatility and uncertainty has made finding what to buy even more difficult, Pedro De Noronha, managing partner at Noster Capital, told CNBC.com Wednesday.
US's recovery will be lead by the manufacturing sector, Buddy Roemer, former governor of the state of Louisiana and Republican presidential candidate, told CNBC.
The US has fallen in the World Economic Forum's competitiveness rankings for the third year running. "The United States used to be very much in first place. Now it has dropped to fifth. Some elements suggest it may fall further in the future," Robert Greenhill, chief business officer of the World Economic Forum, told CNBC.
What is to be done? To find an answer, listen to the markets. They are saying: borrow and spend, please. Yet those who profess faith in the magic of the markets are most determined to ignore the cry. The fiscal skies are falling, they insist, according to the FT.
Stocks climbed well off their worst levels Tuesday, but still lower for the third-straight day amid fears about the ongoing euro zone debt crisis and concerns over another recession.
CNBC's Sharon Epperson has the story on tropical storm Lee's impact on Gulf oil production and Brent Crude futures.
Futures tumbled sharply Tuesday following the Labor Day weekend amid fears over global growth, despite a gain in European equities.
Sometimes a summer vacation can set you up for the autumn, allowing you some-hard earned rest to recharge the batteries before returning to the office, light of heart and confident about the prospects for the rest of the year.
The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances, reports the New York Times.
Stocks added to losses Friday as investors were reluctant to stay long ahead of a three-day weekend. The selloff followed a disappointing jobs report that showed employment growth halted in August, amplifying concerns over the health of the recovery.
The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.
President Barack Obama on Friday sacked a controversial proposed regulation tightening health-based standards for smog, bowing to the demands of congressional Republicans and some business leaders.
Futures tumbled further following a report that non-farm payrolls were unchanged in August, disappointing traders who had been estimating an increase.
A tsunami warning is in effect for parts of the Aleutian Islands of Alaska after a 7.1-magnitude earthquake was recorded in the ocean.
"A very large proportion of those who are unemployed have been unemployed for a long time. It is known that if you are unemployed for a long period of time, it is much more difficult to re-enter the job market. It requires job retraining, it requires much more focused attention on hiring, and it requires not just another budget deficit, another monetary easing, but focusing much more on that particular group," Jacob Frenkel, Chairman of JP Morgan Chase, told CNBC.