CNBC's Steve Liesman discusses President Obama's concern over the escalation of tax inversions and sets the agenda for his interview with the president today at 5:00 p.m.» Read More
The White House was watching Warren Buffett this morning on CNBC. Today Press Secretary Robert Gibbs responded to Buffett's comment that both parties, but especially the Democrats, are trying to use the economic crisis to push partisan goals.
Raising taxes despite a recession? Changing the mortgage deduction during a housing crisis? Cramer finds fault with the White House's plans.
General Dynamics is drawing call activity as Wall Street analysts appear conflicted over the outlook for GD and other defense contractors. Options traders are playing a May 40-45 call spread that is looking for General Dynamics to bounce after dropping more than 30 percent in the last quarter.
President Barack Obama lifted restrictions on federal funding of human embryonic stem cell research Monday, angering abortion opponents but cheering those who believe the study could produce treatments for many diseases.
Factory jobs disappeared. Inflation soared. Unemployment climbed to alarming levels. The hungry lined up at soup kitchens. It wasn't the Great Depression. It was the 1981-82 recession, widely considered America's worst since the depression.
This is part one of the preliminary transcript and video clips of Warren Buffett's appearances on CNBC's Squawk Box on Monday, March 9, 2009.
When President Obama's Auto Task Force rolls into Detroit Monday it will spark another round of stories and speculation about when the Treasury Department will decide the fate of GM, and Chrysler. Don't hold your breath.
Letting banks fail is not an option as it will cause a run on all the other banks of all forms of creditors, David Roche, global strategist at Independent Strategy told CNBC.
As the dreadful economic news piles up, President Barack Obama challenged the nation Saturday to not just hang in there but rather to see the hard times as a chance to "discover great opportunity in the midst of great crisis."
The president’s budget changes sent stocks tumbling, some undeservedly so.
But are they enough?
President Obama tried to highlight some good news and tout his economic plan but the grim reality of plunging employment and faltering stock markets stepped on his message.
Shares of GM have been getting hammered due to growing speculation the beleaguered auto maker is edging closer to filing for bankruptcy.
Personalized medicine represents a paradigm shift from the “blockbuster” model in drug development that focuses on understanding and crafting treatments for specific diseases, not specific patients, writes Paul Stoffels, M.D., Company Group Chairman, Global Research and Development, Pharmaceuticals, Johnson & Johnson.
Democrats who control the U.S. Senate were unable on Thursday to round up the votes to end debate and pass a $410 billion bill to fund many government operations through Sept. 30, Senate Majority Leader Harry Reid said.
The president’s more concerned with retribution than recovery, Cramer says.
Even with tens of billions of dollars set aside for foreclosures, the government's efforts to prop up the ailing housing market don't go far enough and as a result are unlikely to yield a full-fledged turnaround.
Stocks tumbled 4 percent Thursday as investors were rattled by doubts about the survival of General Motors and Citigroup broke below $1.
As Citi trades below $1, speculation again heats up that Citi, Bank of America and GM will almost certainly be removed from the Dow Industrials. Lists are being circulated for likely candidates.
Stocks opened lower Thursday, pressured by doubts about whether General Motors can survive and ahead of a hearing with Treasury Secretary Timothy Geithner.