KIEV, Oct 2- Ukraine's economy is likely to shrink by 8 percent this year and contract again next year because of the effect of the separatist war in the industrialised east, the World Bank said on Thursday. The bank had previously expected Ukraine's gross domestic product would contract by 5 percent this year and then grow 2.5 percent next year.» Read More
Insight on a possible vote on the "fiscal cliff," with Sen. Jerry Moran (R-KS). "If sequestration is going to be postponed, it's going to be payed for by reduced spending elsewhere," he says.
CNBC's John Harwood and Eamon Javers report the latest in Washington; and Senator Tom Coburn (R-KS), offers perspective from the Senate; and Igor Volsky, ThinkProgress.org; and Robert Costa, National Review, provide perspective.
Discussing the state of the "fiscal cliff" negotiations, with Sen. Chris Coons (D-DE); and how to play the markets amid policy concerns, with Michael Cuggino, Permanent Portfolio Funds and Peter Schiff, Euro Pacific Capital CEO.
CNBC's Eamon Javers reports the House of Representatives has adjourned for the day, and will reconvene on Tuesday at noon ET; and CNBC's Larry Kudlow weighs in, saying taxing the rich has nothing to do with long-term growth.
Idaho Forest Group hit its own fiscal cliff in 2009, making layoffs and closing mills, reports CNBC's Kate Kelly;
Mad Money host Jim Cramer offers insight on the "fiscal cliff" negotiations and how to play the market now; and CNBC's John Harwood reports the Democrats are troubled by the estate tax provision, saying it is too generous to Republicans.
The House of Representatives will not vote on anything tonight, so the U.S. will technically go "over the cliff," reports CNBC's John Harwood. CNBC's Steve Liesman, has the details on the emerging deal in Washington. Doug Holtz-Eakin, American Action Forum president, and CNBC Contributor Jared Bernstein, weigh in.
Dennis Gartman of The Gartman Letter, discusses the "fiscal cliff" negotiations, investing in housing and banking, and how to play cotton, with the Fast Money traders.
Selling gold stocks for these alternate investments looks like a good idea, says Dennis Gartman, editor of The Gartman Letter.
The House will not vote on the fiscal cliff tonight, and the deadline is hours away, with CNBC's John Harwood and the Fast Money traders; and Cliffs Natural Resources is the best stock performer on the S&P 500 today, however the worst performer year-to-date, reports CNBC's Courtney Reagan.
Tanya Marchiol, Team Investments, explains what to expect from housing in 2013.
CNBC's Eamon Javers reacts to President Obama's statement on the '"fiscal cliff," with Joe Lavorgna, Deutsche Bank; and CNBC's Melissa Lee, Michelle Caruso-Cabrera and Tyler Mathisen.
There is no deal in place, and President Obama is set to speak from the White House on the "fiscal cliff" any minute, with CNBC's Eamon Javers and Rep. Ron Paul (R-TX); and CNBC's Melissa Lee; and the Money In Motion traders. "I believe there is too much bipartisanship on the spending, and nobody is talking about cutting any spending," says Rep. Ron Paul.
Congressional leaders are heading to the White House for a meeting over the "fiscal cliff," reports CNBC's Eamon Javers; Dan Greenhaus, BTIG; Todd Schoenberger, LandColt Capital; and CNBC's Rick Santelli, weigh in.
CNBC's Brian Sullivan reports shares of Herbalife popped 6.8 percent, and the FMHR traders discuss how to trade the stock now; and Alec Young, S&P Capital IQ, explains where he is seeing buying opportunities in the market.
Elections, the economy and a looming debt crisis in the U.S. and Europe dominated headlines in 2012. What will take center stage in 2013? Washington Post's Ezra Klein and Yahoo! Finance's Mike Santoli make their predictions on what's ahead for Washington, Wall Street and around the world.
As falling off the "fiscal cliff' becomes more plausible, investor confidence is slipping and the markets are following suit. What does this mean for your portfolio in the New Year? Varick Asset Management's Alison Deans forecasts the potential impact on the markets and the economy overall in 2013.
A number of experts are saying that small business will get hit the worst if we go over the fiscal cliff. Gene Marks of The Marks Group, explains why it's a mistake to generalize that more than 20 million small businesses nationwide will be affected.
CNBC's Eamon Javers reports the House is set to reconvene on Sunday; and discussing all sides of the fiscal cliff talks, with Brian Kelly, Shelter Harbor Capital; Ken Heebner, Capital Growth Management; Rep. Aaron Schock (R-IL); Joy-Ann Reid, Miami Herald columnist; and Jonathan Collegio, American Crossroads.
A four-year cycle in the stock market suggests that a couple of sectors are going to lead us lower, says Barry Sine, Drexel Hamilton director of research.