CNBC's John Harwood recaps President Obama's news conference on the state of the U.S. economy, the conflict in the Middle East and CIA spying allegations.» Read More
Where is the GOP's better deal? Rather than a lawsuit, why not a growth plan?, asks Larry Kudlow.
CHARLESTON, W.Va.— From Boone County banker Lee Milam's experience, each round of coal mine layoffs that hits southern West Virginia stifles his community's already-fragile economy. Coal giant Alpha Natural Resources revealed plans to shed 1,100 workers at 11 West Virginia surface mines and related operations by mid-October.
WASHINGTON— House Republicans revived their bill on the U.S.- Mexico border crisis in dramatic fashion Friday, preparing to pass it after winning over conservatives with tough new provisions that could threaten deportation for hundreds of thousands of immigrants already working in this country legally.
WASHINGTON— President Barack Obama says the economy is getting stronger and, quote, "engines are revving a bit louder." Obama is praising the July hiring and advances by the U.S. economy. But Obama says Congress has blocked steps that would maintain that momentum or even accelerate the recovery.
President Barack Obama discusses the diplomatic efforts of the United Sates in the Middle East and sanctions against Russia.
President Barack Obama comments on the cease-fire in Gaza and the killing two Israeli soldiers and the abduction of a third by Hamas militants.
President Barack Obama touted the recent string of positive economic numbers and addresses international tensions.
President Barack Obama addresses Congress' inability to pass immigration reform, and other bills before summer vacation.
The U.S. added 209,000 jobs in July, and unemployment ticked up to 6.2 percent. President Barack Obama remarks on the economic recovery.
BIRMINGHAM, Ala.— Alabama Power Co. said Friday it will reduce or end coal use at three generating plants because of federal environmental rules as it spends $1 billion to meet new air emission rules. At the Greene County plant west of Tuscaloosa, Alabama Power said it would reduce the workforce by about half as the switch is made from coal to gas.
WASHINGTON, Aug 1- Few people in Washington believe Republicans will try to impeach President Barack Obama.
The call came at the end of a week in which the U.S. and the European Union increased sanctions against Russia.
The Obama administration asked a top federal appeals court to reverse a recent bombshell ruling that threatens to cripple Obamacare.
*Brent falls to two-week low; in July had biggest monthly loss since April 2013. NEW YORK, Aug 1- Brent crude oil fell more than $1 to hit a two-week low on Friday, slipping to $105 a barrel in its third straight day of losses as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine.
Business News at 5 p.m.. The supervisor is Richard Jacobsen. —Updates: ITALY- FIAT-CHRYSLER, SALMONELLA OUTBREAK-TRIAL, YAHOO-LIVE NATION-CONCERTS, ALLERGEN-VALEANT LAWSUIT, FINANCIAL MARKETS, AUTO SALES.
CNBC's Eamon Javers reports on the phone call between Russian President Vladimir Putin and U.S. President Barack Obama in regards to Ukraine.
WASHINGTON— A sixth straight month of solid 200,000- plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion.
Private prison companies Geo Group and competitor Corrections Corporation of America, for example, stand to gain if Congress approves any emergency funding for family detention facilities.
WASHINGTON, July 31- The U.S. Senate on Thursday approved a $10.9 billion funding extension for highway and transit construction projects through May 2015, averting a potential cutback in federal payments to states that was due to start on Friday.
WASHINGTON— Congress gave final approval Thursday to a $10.8 billion bill to keep federal highway funds flowing to states through the summer construction season and the fall elections. The Senate passed the House-written bill on an 81-13 vote after rejecting it earlier this week.