ROME, March 28- Italy will probably nudge its forecast for economic growth this year up to 0.7 percent from 0.6 percent when it issues new economic and public finance projections next month, a senior minister said on Saturday. Maria Elena Boschi, minister for constitutional reforms, said at a Milan conference organized by retail lobby Confcommercio that the...» Read More
Former Italian Prime Minister Silvio Berlusconi says he will run for Italian PM if the party asks him to, and that he has been sentenced to four years in prison due to tax fraud, reports CNBC's Michelle Caruso-Cabrera.
How difficult could the first 6 months of 2013 be if the U.S. goes over the fiscal cliff? Jason Trennert, Strategas Research Partners, weighs in. "I didn't think there was a chance we would go over, until the last couple of days," he says.
Could the fiscal cliff negotiations get us anywhere before its January 1 deadline? Kiki McLean, Porter Novelli Democratic Strategist. and Tony Fratto, Hamilton Place Strategies, discuss when they think a resolution could come.
Discussing the state of tech around the world, and where it's headed, with Brian White of Topeka Capital Markets. "I think 2013 will not be a very robust environment, it will be very muted," he says.
Forecasting the market action for the holiday week ahead, with Yra Harris, Praxis Trading.
There has been a major selloff in municipal bonds the last 7-10 days, explains Alexandra Lebenthal, Lebenthal & Company president and CEO.
Can the Republicans recover from the fiscal cliff battle? Karen Finney, The Hill columnist and Katie Pavlich, TownHall.com, weigh in.
CNBC's Jackie DeAngelis takes a close look at the market action from this week, saying the financial sector was up more than 3 percent for the week. Also, discussing the market's reaction to fiscal cliff concerns, with Dan Greenhaus, BTIG; Karen Finney, The Hill columnist; and Katie Pavlich, TownHall.com.
In a heated "Street Signs" discussion, CNBC's Brian Sullivan argues that the danger to the economy posed by higher "fiscal cliff" tax rates is being overstated. John Harwood and Larry Kudlow respond it's not worth taking the risk when economic growth is already so tenuous.
Despite uncertainty ahead of the "fiscal cliff," BlackRock's Michael Fredericks says it's a good time to add portfolio risk.
Reuters is reporting according to a Republican aide, the GOP might return December 27, and that they might have a new fiscal cliff plan. CNBC's John Harwood and Larry Kudlow, share their opinions.
"The markets expect something will get done, even with the developments tonight," says Joe Terranova of Virtus Investment Partners. Sarah Fagen, Former George W. Bush senior aide, and Matt Miller, Washington Post, weigh in.
Discussing Speaker Boehner's comment that "it is up to the President to work with Senator Reid on legislation to avert the fiscal cliff," with CNBC Contributor Jared Bernstein and Katherine Mangu-Ward, Reason Magazine; and checking on the Asian markets, with CNBC Asia's Adam Bakhtiar.
There won't be a house vote on Boehner's "Plan B" tonight. Will this spark a year-end correction? Brian Kelly of Shelter Harbor Capital and Jim Iuorio, TJM Institutional Services, discuss. "The markets are going to start pricing in that we're fully going over the cliff," says Kelly.
Speaker Boehner is saying "Plan B" did not have sufficient support from House members, with CNBC's John Harwood and Larry Kudlow; and Sarah Fagen, Former George W. Bush senior aide, and Matt Miller, Washington Post, discuss the likelihood of going over the cliff.
CNBC's John Harwood and Larry Kudlow discuss news the House will remain in recess until after Christmas and there will not be a vote on "Plan B" tonight. Heather Higgins, Independent Women's Voice president, weighs in.
House Speaker John Boehner is gathering the Republicans into a caucus right now, and the vote on his "Plan B" is delayed, with Heather Higgins, Independent Women's Voice president and Ben Jealous, NAACP president & CEO.
Discussing how Boehner's "Plan B" proposal and upcoming vote is impacting the markets, with Jim Iuorio, TJM Institutional Services and
It appears the GOP does not have the votes to pass Boehner's "Plan B," with Keith Boykin, Former Clinton White House Aide; Heather Higgins, Independent Women's Voice president; and Ben Jealous, NAACP president & CEO.
Discussing President Obama's position on tax rates, and the state of the fiscal cliff negotiations, with Heather Higgins, Independent Women's Voice president and Keith Boykin, Former Clinton White House Aide.