Congressional negotiators have reached a bipartisan budget compromise. CNBC's John Harwood and Maya MacGuineas, head of the campaign to fix the debt, discuss if the far left and far right of each party will sign off on the deal.» Read More
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar, as interest rates begin to move up.
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.
Jim Nussle, former OMB Director, and Roger Altman, Evercore Partners, share their thoughts on the bipartisan budget deal hammered out by Rep. Paul Ryan and Rep. Patty Murray. The budget deal doesn't solve the long-term budget problems of this country but it shows that government can do something at a time when most people thought government couldn't, Altman said.
Lower-middle-income students have higher college loan debt than any other group, a new study found. Here's how it all breaks down.
NEW YORK, Dec 10- The euro hit a six-week peak against the dollar on Tuesday, helped by expectations of a banking deal in the euro zone and a growing view the Federal Reserve needs more positive economic data before it decides to start reducing its monetary stimulus.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
Grover Norquist, Americans for Tax Reform founder, shares his thoughts on why he is backing Rep. Paul Ryan's budget plan and why the sequester needs to stay in place.
Rep. Steny Hoyer, (D-MD), shares his thoughts on why he would like to see a bipartisan budget deal that includes jobs creation and restores long-term business confidence.
Rep. Steny Hoyer, (D-MD), explains why Congress has not been able to reach a deal on the budget. The creation of consensus has proved very difficult, Hoyer said.
In an exclusive interview, Julia Chatterley asked Greek Finance Minister Yannis Stournaras about the status of Troika discussions on the sidelines of the EcoFin meeting in Brussels.
NEW YORK, Dec 9- U.S. stocks edged higher on Monday, with the S&P 500 closing at a record high, as traders awaited more clues from the Federal Reserve on whether the U.S. central bank would soon begin winding down its economic stimulus. The Dow industrials traded within 43.11 points from session high to intraday low, in the Dow's tightest daily range since Aug. 17, 2012.
NEW YORK, Dec 9- U.S. stocks advanced modestly on Monday after positive Chinese trade and inflation data, while remarks by top Federal Reserve officials about the outlook for slowing the Fed's stimulus had little impact on the market.
Jeffrey Lacker, the president of the Federal Reserve Bank of Richmond, will speak at an economic outlook conference in Charlotte, North Carolina, at 12:30 p.m.. St. Louis Fed Bank President James Bullard will also speak on the economy in St. Louis in the afternoon, and Dallas Fed Bank President Richard Fisher will speak in Chicago in the evening.
NEW YORK, Dec 9- Wall Street rose modestly on Monday after Chinese inflation data eased worries about policy tightening there, while investors were cautious before speeches on the economy by four top Federal Reserve officials. Richmond Fed Bank President Jeffrey Lacker will speak at an economic outlook conference in Charlotte, North Carolina at 12:30 p.m..
CNBC's John Harwood reports Congress is inching closer to a budget deal that would prevent another fight over the debt ceiling and a potential government shutdown.
CNBC's Rick Santelli discusses the latest action in the bond market, and interest rate levels.
NEW YORK, Dec 9- U.S. stocks were little changed on Monday as investors waited for a number of top Federal Reserve officials to speak throughout the day for hints on the future of the central bank's stimulus plans. *Richmond Fed President Jeffrey Lacker will speak at an economic outlook conference in Charlotte, North Carolina at 12:30 a.m. ET.
Sen. Ron Johnson, R. Wis., weighs in on the upcoming budget talks on Capitol Hill and the problems associated with Obamacare. We need some real structural reforms to the long-term mandatory spending programs to get a deal to work, Johnson says.
After nearly going bankrupt and almost crashing out of the euro zone last year, Greece expects growth of 0.6 percent in 2014 and hopes to secure more leeway on its debts to the European Union and the International Monetary Fund.
Jack Ablin, BMO Private Bank executive VP & CIO, and David Kelly, JPMorgan Funds chief global strategist, discuss when the Fed will likely taper. "We are going move away from taper and put an emphasis on forward guidance," says Ablin.