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  • SEC Revamps Enforcement and Makes Other Changes Tuesday, 14 Jul 2009 | 11:43 AM ET

    The Securities and Exchange Commission has been revamping itself, buttressing enforcement efforts and taking a series of initiatives to protect investors in the wake of the financial crisis and massive Madoff fraud, the agency's chairman said Tuesday.

  • Dunkelberg: 'The Stealth Taxation That Congress Loves' Monday, 13 Jul 2009 | 10:36 AM ET
    GM logo, General Motors logo

    I thought I would be protected from having to pay for the barrage of spending programs that Congress has passed or is considering.  After all, I was promised that I would not see my taxes go up even a nickel if I earned less than $250,000.  Heck, I was even safe with the Biden revision to $200,000 as the definition of “rich”.  But now I am beginning to see the con, the semantic dodge, the switch behind the curtain, writes William Dunkelberg.

  • Meredith Whitney

    Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.

  • Government Selling Bank Stakes for Too Cheap: Panel Friday, 10 Jul 2009 | 7:47 PM ET

    The Treasury Department is selling its financial stakes in bailed-out banks for one-third less than they're worth, potentially shorting taxpayers up to $2.7 billion, a bipartisan congressional watchdog said Friday.

  • Obama Struggles With Healthcare Overhaul Friday, 10 Jul 2009 | 12:00 PM ET
    Sen. Barack Obama, D-Ill., answers a question during the first Democratic presidential primary debate of the 2008 election hosted by South Carolina State University in Orangeburg, S.C., Thursday, April 26, 2007. (AP Photo/J. Scott Applewhite)

    President Barack Obama acknowledged the tough going for his health care overhaul in Congress but rejected the notion the legislation is doomed.

  • Assets Are Less Toxic, but Banks Have Other Troubles Thursday, 9 Jul 2009 | 5:21 PM ET

    With bad home mortgages  on the back burner, the big threat to the economy is now believed to be troubled credit card, commercial real estate and commercial industrial debt.

  • Warren Buffett: Economy Needs Another Dose of Viagra Thursday, 9 Jul 2009 | 12:59 PM ET

    Warren Buffett is repeating his call for a second economic stimulus package, telling ABC News the first one passed earlier this year was excessively diluted by lawmakers' pet spending projects, like "half a tablet of Viagra mixed with candy."

  • Cities Lose Out on Road Funds From Federal Stimulus Thursday, 9 Jul 2009 | 10:39 AM ET
    South California highway

    Two-thirds of the country lives in large metropolitan areas, home to the nation’s worst traffic jams and some of its oldest roads and bridges. But cities and their surrounding regions are getting far less than two-thirds of federal transportation stimulus money.

  • SEC Denies 'Standing Down' in Stanford Probe Wednesday, 8 Jul 2009 | 4:29 PM ET
    SEC

    Securities and Exchange Commission staffers are denying they "stood down" in their investigation of accused fraudster Allen Stanford, according to a Congressman who attended a closed-door briefing on the case this morning.

  • Oil Speculators-The Devil You Know Wednesday, 8 Jul 2009 | 3:28 PM ET

    Decreasing speculation sounds great in theory, but the law of unintended consequences suggests in could lead to even greater volatility, writes Stephen Schork.

  • Bowyer: Micro-Chips: Bet You Can't Buy Just One Wednesday, 8 Jul 2009 | 10:37 AM ET

    The business community is neither hiring, nor firing. Labor markets are frozen in regulatory amber; this will be a Jurassic Park recovery. How can we grow without more people working? The answer is: Instead of more people working, we'll get the same number of people to do more work.

  • Healthcare Services Stocks For Trading Only: Analyst Wednesday, 8 Jul 2009 | 9:25 AM ET

    Healthcare services stocks will remain volatile as reform measures proceed through Congress and the economy struggles, industry analyst Leerink Swan said in a research note.

  • Farrell: Trading Outlook for Oil, Ford and More Tuesday, 7 Jul 2009 | 12:59 PM ET

    I have long thought the oil market got ahead of itself. The recent strength in the price has been due more to the thought economic recovery was close at hand. As I have been writing, I think that the recovery will come, but not today.

  • How Economy Fares in Summer Is Crucial to Obama Agenda Tuesday, 7 Jul 2009 | 11:43 AM ET
    President Barack Obama

    The pace of the economic recovery heading into the fall—electric smooth or diesel rough—will determine whether Obama can prod Congress on the key features of his agenda with momentum or from a defensive crouch.

  • Busch: Expect More Cries for Government Stimulus Tuesday, 7 Jul 2009 | 11:18 AM ET
    Andrew Busch

    As the summer wears on and discontent grows, I expect calls will be louder and louder for additional stimulus from Congressional Democrats to put more Americans to work.

  • Farrell: You Ain't Alone, Joe Tuesday, 7 Jul 2009 | 11:12 AM ET
    Vince Farrell

    The administration isn't the only one that got flattened by the steamroller that has been our economy recently. Unemployment is at 9.5% and some of you might remember I had a bet with a Soleil director it would level at 8.5%. So much for my predictions.

  • Health Co-op Offers Model for Overhaul Tuesday, 7 Jul 2009 | 10:40 AM ET
    Doctor Writing

    After a month of brainstorming, the Senate Finance Committee seems poised to propose private-sector insurance cooperatives — instead of a new government health plan — as its primary mechanism for stoking competition and slowing the growth of medical costs.

  • Well, of one thing I am certain—fiscal drag will offset monetary stimulus, and the result will be a torpid economy—with high unemployment and anemic growth. Hopefully, the Senate will be able to muscle enough change in the pending legislation to marginalize the economic drain, but I am not optimistic about that.

  • California Budget Crisis: When Is a Tax Not a Tax? Tuesday, 30 Jun 2009 | 5:23 PM ET
    Golden Gate Bridge

    The California legislature continues to deadlock over a solution to the state's budget crisis. Now Democrats are trying a unique, and potentially illegal, maneuver to break the stalemate.

  • Is Google Hurting Book Publishers? Tuesday, 30 Jun 2009 | 2:43 PM ET
    Kindle 2

    The idea to scan books and make them available online is intriguing, and it seems could ultimately help a struggling industry. But the question remains whether it's dangerous to put one company in control of so much information.

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