The new bipartisan budget deal will be approved, but not everyone is going to be happy about it, Rep. Tom Cole, R-Okla., predicted on CNBC Wednesday.» Read More
left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg1100100010lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse I can't stress this enough: the idea of publicly releasing big bank stress test results — in any form — is, well... distressing.
President Barack Obama seized the opportunity on tax-filing day to assert that his administration is easing the tax burden of working people.
Stock futures indicated a mixed open Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks.
Don’t look now, but those battered banks may just survive after all—if only our federal government would let them get out of jail.
Some of the largest mortgage companies in the US are stepping up foreclosures on delinquent homeowners, and will likely lead to more Americans losing their homes, the Wall Street Journal reported Wednesday.
The Obama administration is drawing up plans to disclose conditions of the 19 biggest banks in the country, according to senior administration officials.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
The Stock Market is up over 23% in 35 days. If someone had told you on March 9th as the Dow was trading at 6,547 that ‘you should put your money in the market right now if you want to make 23%,’ what would you have done?
Stocks opened lower Tuesday after a report showed retail sales unexpectedly dropped — and dropped sharply — in March. But Citigroup, Bank of America and General Motors advanced.
President Barack Obama is juggling a glass-half-full take on the economy with a determination to not be seen as naive about problems still washing over the business landscape.
Today at 11:30 AM ET, President Barack Obama is going to give a "major" speech on the economy. Not waiting for the speech, President Obama's economic adviser Christina Romer already is hitting the morning talk shows and lowering expectations for any "major" improvements in the economy any time soon.
A little bit of economic cold water: Retail sales for March was a disappointment, Producer Price Index saw a big downtick, all of which cost us about 10 points on futures at 8:30 AM ET.
Stock futures retreated Tuesday after a report showed retail sales unexpectedly dropped -- and dropped sharply in March.
President Barack Obama will tap Fannie Mae Chief Executive Herb Allison to head the government's $700 billion Troubled Asset Relief Program, an administration official told CNBC.
On Monday President Obama eased the way for U.S. telecommunications firms to do business with Cuba. How does emerging markets trader Tim Seymour suggest playing it?
That’s the heartland tea-party message to Washington. Is bailout nation about to strike again? Sure looks like it. According to a bunch of front-page news stories, life-insurance companies are about to get TARPed. This is nuts.
We saw 3 separate rallies today: 1) Early morning bank rally 2) Midday announcement on Obama economy speech tomorrow 3) Move up in the last hour that brought the major indices into positive territory.
Stocks, which had already been coming off their mid-morning lows, rallied further about 1:18 ET when it was announced that President Obama would make a major address on the U.S. economy tomorrow.
Last week, while touting the success of one part of the Making Homes Affordable plan, President Obama issued a warning.
King Abdullah II will meet US President Barack Obama on 21 April in Washington DC. The meeting will focus on efforts to reach a two-state solution to the Israeli-Palestinian conflict and achieve a comprehensive peace in the region. Talks will also address Jordan-US ties.