The Obama administration pointed to declining budget deficit and improved housing market as likely factors for economic growth.» Read More
Friday's March jobs report can't help but be bad, but the question is whether it will stall the stock market's rally.
I recently attended an OECD conference in Italy on the subject of credit availability in the current “crisis” for small and medium enterprises. After listening to the presentations of representatives from 20 or so countries, it became clear that one major problem is that there is no bank competition in most countries, writes William Dunkelberg, Economics Professor at Temple University.
Calling it "general theft," Sen. John McCain blasted the Obama administration's budget proposal on CNBC Thursday.
Leaders from around the globe made headway Thursday on tackling the world's worst financial crisis since the 1930s, with signs of agreements to give more money to the International Monetary Fund, clamp down on tax havens and tighten regulation over freewheeling hedge funds.
The fate of an important accounting rule will have a big impact on markets Thursday and beyond. It's not just any accounting rule. It's the highly controversial mark-to-market rule, criticized for the massive write downs in the banking industry.
U.S. President Barack Obama said on Wednesday there was "enormous consensus" between the world's largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
President Barack Obama ordered General Motors and Chrysler to accelerate their survival efforts and brace for possible bankruptcy, saying neither company had done enough to justify the taxpayer money they were seeking.
President Barack Obama is sending a blunt message to Detroit automakers: To survive—and win more government help—they must remake themselves top to bottom.
Whether stocks end their record-setting run could be decided by a heavy calendar of economic news, and sentiment around next week's major summit of world leaders in London.
President Barack Obama announced Saturday he would nominate three new people for positions at the Treasury Department.
White House Insider and real estate magnate Don Peebles has opinions on just about everything. He's earned the privilege: As chairman and ceo of The Peebles Corporation, he runs a $4 billion development empire.
President Barack Obama will quiz top U.S. bankers Friday about developments in the economy and their businesses as his administration seeks broader authority to regulate the financial system.
A Colorado company that drug and medical device makers pay to oversee patient safety during clinical trials drew scorn Thursday at a Congressional hearing on whether such companies adequately supervise medical trials, the New York Times reports.
Traders say the stock market's recent rally has had its life extended by end-of-quarter window dressing, as big investors increase their exposure to stocks.
The Obama administration has unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds.
Treasury Secretary Tim Geithner will unveil a four part plan to reform financial regulation when he testifies before the House Financial Services Committee Thursday.
As March winds down, traders say portfolio reshuffling ahead of the end of the first quarter could mean buying for stocks and more trouble for Treasury bonds.
U.S. Treasury Secretary Timothy Geithner on Wednesday said he will soon outline proposals for new, tougher requirements on major financial firms to protect the financial system and new rules to prevent financial fraud and abuse against consumers and investors.
The complex plan to deal with toxic assets may have answered Wall Street’s questions about shoring up balance sheets but it's raising concerns about funding and oversight.
Legislation giving the US new powers to seize troubled financial firms is unlikely to be introduced before Congress’s Easter recess, a source told CNBC.com.
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