WASHINGTON, June 29- Contracts to buy previously owned U.S. homes rose to their highest level in just over nine years in May, in a further boost to the housing market and the broader economic outlook. The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 0.9 percent to 112.6, the highest...» Read More
Measuring Washington's progress on the "fiscal cliff," with Tony Fratto, Hamilton Place Strategies, and Jared Bernstein, Center for Budget and Policy Priorities.
Bank Indonesia held its benchmark rate steady at 5.75 percent, aiming to help keep Southeast Asia's largest economy growing at least 6 percent a year and showing it feels inflation remains at a comfortable level.
China's economy is likely to surpass the United States in less than two decades but the Asian country is not expected to take on the superpower role of the United States in gathering coalitions to deal with global issues.
Forecasting the impact of higher taxes, with Barry Knapp, Barclays head of U.S. equity portfolio strategy. "Our definition of a good deal is one that isn't too reliant on tax revenues, and getting our mandatory spending under control," he explains.
Mercedes Benz and BMW are rolling out special deals for high-end cars that few have ever seen. Why now? CNBC's Phil LeBeau explains and reports that BMW sales surged 42 percent in November.
Discussing what a real deal to avert the fiscal cliff looks like, with Senator John Thune (R-SD). "As we look at these policies, entitlement reform and tax reform has got to be about growth," he says.
Checking on the economic impact if the U.S. economy goes over the fiscal cliff, with Nathan Sheets, Citi, and Ian Shepherdson, Pantheon Macroeconomic Advisors.
Discussing the major roadblocks in the fiscal cliff negotiations, with Senator John Thune (R-SD). "Ideally, we would like to see a deal right now that includes a restructuring of entitlement programs," he says.
CNBC's Joe Kernen reports on which stocks investors should keep an eye on this morning, including Jefferies cutting its price target on Apple from $900 to $800.
The Federal Reserve is expected to replace Operation Twist with new asset purchases this week, reports CNBC's Steve Liesman. The quandary for the Fed is how much of the decline in the unemployment rate to believe, he says.
Erskine Bowles, one half of President Obama's deficit reduction commission, tells "Squawk Box" why he's more optimistic the "fiscal cliff" will be averted.
President Obama is preparing to speak in Detroit today on the U.S. economy, and there is no word of any progress on a deal to avert the fiscal cliff. CNBC's John Harwood offers insight.
How to position your portfolio amid concerns about higher capital gains rates ahead, with Jeff Kilburg of Killir Kapital Management
The White House has given the green light for a plan that would require all future cars and trucks to be equipped with black boxes for gathering data in accidents, with Former Prosecutor Tom Curran.
Zach Karabell, River Twice Research, weighs in on Apple's wild ride this week, and how other tech stocks are faring amid fiscal cliff concerns.
A look at how to trade despite an apparent "fiscal cliff" stalemate, with David Darst, Morgan Stanley Wealth Management.
What investors should keep an eye out for in tomorrow's trading session, with Quint Tatro, Tatro Capital; Scott Carmack, Leader Capital; and Joe Heider, Rehmann Financial.
TD Bank Group's CEO Ed Clark discusses Q4 profits that beat the Street, and his company's decision to buy Epoch Holding Corporation.
CNBC's Eamon Javers reports fiscal cliff negotiations resume after a week-long pause.
Is this a good time or a bad time to invest? CNBC's Steve Liesman breaks down the data from CNBC's All America Economic Survey, saying 55 percent on average say it is a good time to buy stocks.