Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.» Read More
WASHINGTON, May 10- An investigation of the U.S. Internal Revenue Service was launched on Friday after a senior IRS official publicly apologized for subjecting conservative political groups to "inappropriate" scrutiny. "We would like to apologize for that," said Lois Lerner, director of the IRS tax-exempt office at an American Bar Association conference.
*IRS official apologizes for "inappropriate" targeting of groups. WASHINGTON, May 10- U.S. tax authorities' handling of applications for tax-exempt status from conservative political groups was under investigation, the White House said Friday after an IRS official apologized for "inappropriate" scrutiny of groups with " Tea Party" in their names.
WASHINGTON, May 10- The Republican-led U.S. House of Representatives will investigate the Internal Revenue Service's targeting of conservative groups during last year's election campaign, House Majority Leader Eric Cantor said on Friday. "The IRS cannot target or intimidate any individual or organization based on their political beliefs.
*Measure certain to be rejected by Democratic-led Senate. House of Representatives passed a bill on Wednesday to give workers more time off- rejecting criticism from the White House, unions, women's groups and others that the measure is a sham that would force more work for less pay.
I had an excellent vantage point this week from which to assess this question: the global conference of the Milken Institute in California, which brings together 1,000 business executives, politicians and financiers in a U.S. equivalent of the Davos economic forum, transplanted to the warmer and even plusher surroundings of Beverly Hills.
May 2- This is a critical week for the world economy and financial markets, especially in the United States.
Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.
For almost 10 years, CNBC anchor Maria Bartiromo has covered the Milken Institute's Global Conference in Los Angeles each spring.
WASHINGTON, April 24- Republican leaders in the House of Representatives on Wednesday withdrew a bill that would change the Obama administration's healthcare law amid conservative concerns that the legislation was replacing one big government program with another.
WASHINGTON, April 23- President Barack Obama's nominee to oversee Medicare and Medicaid won the backing of a key Senate panel on Tuesday, clearing the way for a vote by the full Senate that could make Marilyn Tavenner the programs' first official administrator since 2006..
WASHINGTON, April 9- Momentum is building among Republican lawmakers for legislation to prevent a credit default by the United States, suggesting they will fight hard for spending cuts when Congress debates another increase in the nation's debt limit this summer.
During a live interview on "Squawk Box," CNBC's Joe Kernen challenges GOP House Majority Leader Eric Cantor's opposition to gay marriage: "No one's asking you to marry another man." (3:17)
*President continues wooing members of Congress. WASHINGTON, March 13- President Barack Obama met on Wednesday with his toughest critics in Washington- House of Representatives Republicans- and made little headway in convincing them to accept his demand for tax increases as part of a deficit-reduction deal.
*White House, Congress have no negotiations underway. WASHINGTON, Feb 25- The White House escalated a campaign on Monday to convince Americans dire consequences await if government spending cuts go ahead on March 1, warning of a slow down in global trade, a stalled fight against cancer and Alzheimer's disease and compromised security at U.S. borders.
WASHINGTON, Feb 7- President Barack Obama on Thursday renominated one of his top healthcare advisers to lead the federal agency responsible for overseeing Medicare, Medicaid and the implementation of his 2010 healthcare reform law.
WASHINGTON, Feb 7- President Barack Obama on Thursday renominated one of his top healthcare advisers to lead the federal agency responsible for overseeing Medicare, Medicaid and the implementation of his healthcare reform law.
WASHINGTON, Feb 5- The first major U.S. immigration reform effort since 1986 came under attack on Tuesday from congressional Republicans who cast doubt on a proposal backed by President Barack Obama to give 11 million illegal immigrants a chance to become citizens.
WASHINGTON, Feb 5- Eric Cantor, the often combative second-ranking Republican in the U.S. House of Representatives, sought Tuesday to rebrand himself and his party, voicing hope that they can work with President Barack Obama for the sake of all Americans.
WASHINGTON, Feb 5- Eric Cantor, the combative second-ranking Republican in the U.S. House of Representatives, launched a major rebranding of his party on Tuesday, saying he hoped Republicans and President Barack Obama could "set differences aside" in the interest of helping ordinary Americans.
*Chief Obama critic says he hopes to work with president. WASHINGTON, Feb 5- Eric Cantor, the combative second-ranking Republican in the U.S. House of Representatives, launched a major rebranding of his party on Tuesday, saying he hoped Republicans and President Barack Obama could "set differences aside" in the interest of helping ordinary Americans.