"U.S. fiscal issues are likely to be less of an issue for investors next year," said Shane Oliver, head of investment strategy and chief economist at AMP Capital. Celebrations were certainly muted in Asia, with Japan's Nikkei off 0.9 percent and South Korean shares down 0.6 percent even as the country reported its lowest jobless rate on record.» Read More
Velma Hart, the woman made famous at the CNBC Town Hall in September for questioning President Obama about the economy, remains upbeat, following the loss of her job on Friday.
From health care to fin reg to the EPA, it appears that the Obama administration has had an agenda and has not deviated from that agenda despite the economy.
As the question of extending the Bush tax cut remains up in the air, President George W. Bush defended the cuts on CNBC Monday, saying that they lead to job growth.
The federal government may not have a bridge to sell you, but it does have an ammunition plant, an access road, and a handful of lighthouses.
Even at manufacturing companies that are profitable, union workers are reluctantly agreeing to tiered contracts that create two levels of pay, the New York Times reports.
Treasury Secretary Timothy Geithner says the Obama administration will oppose any effort in Congress to strip the Federal Reserve of its legal mandate to pursue low unemployment.
You could call it Ben Bernanke's, "Speak softly and carry a big stick" speech. The Fed boss offers a lesson on global trade and the important role a healthy US economy plays in it.
The CEO of UBS Americas told CNBC Thursday that Federal Reserve President Ben Bernanke has “done a fantastic job” and that quantitative easing may be good for the country after all.
For many years, I’ve been a fan of Warren Buffett’s long term approach to value investing. Understanding the value of a company, regardless of its momentary stock price, is a great long term investing strategy. But it pains me whenever I read commentary from Buffett that glosses over reality or is somehow self-serving.
Despite a devastating recession, the collective personal wealth of congressional members increased by more than 16 percent between 2008 and 2009, according to study released Wednesday by the Center for Responsive Politics.
There’s something new going on in Washington, DC.
To get an idea of which GM models are the most iconic, Karl Brauer, Senior Analyst & Editor-at-Large at Edmunds.com listed his top picks.
Fedex President and CEO Fred Smith told CNBC Monday that US corporate tax rates need to be reduced to promote job growth.
Plus, Cramer highlights the most important events of the coming week.
Not that you're surprised or anything.
Now that the recession has killed the McMansion, what does the home of the future look like? It’s a lot smaller than you think.Take a stroll through the home of the future.
Confidence about the economy over the next six months is rising among CEOs worldwide, with nearly half of the US-based executives expressing optimism, according to quarterly survey by the Young Presidents' Organization (YPO).
Everyone these days is citing the findings of Narayana Kocherlakota of the Minneapolis Federal Reserve explaining why unemployment rate has risen even while the job vacancy rate has.
So what did our congressional representatives really learn from last Tuesday’s election? Not much, I fear.
Consumer borrowing increased in September for the first time since January even though the category that includes credit cards dropped for a record 25th straight month.