Hugh Johnson, Chairman & Chief Investment Officer at Hugh Johnson Advisors, expects the Fed to upgrade its assessment of the U.S. economy and explains what that means for interest rates.» Read More
RALEIGH, N.C.— North Carolina House and Senate Republicans have unveiled the details of a budget that gives teachers an average 7 percent raise, preserves teacher assistant positions and makes a 1 percent cut to the Medicaid reimbursement rate for health care providers.
FORT WORTH, Texas— The U.S. has barred a shipment of Kurdish crude oil from reaching the Texas coast amid concerns independent oil sales from Kurdistan could further weaken Iraq's fragile central government as it struggles to contain a Sunni military offensive.
SOFIA, July 29- Bulgaria's outgoing parliament voted on Tuesday to widen the 2014 fiscal deficit target and raise 3.4 billion levs in new debt, giving the next government some of the tools needed to solve the country's banking crisis.
BUENOS AIRES, Argentina— Argentina risks financial default unless it reaches an agreement with a group of holdout bondholders by Wednesday. The swap, however, failed to resolve Argentina's troubles. Argentina's government lined up two more swaps in 2005 and 2010, offering existing creditors new bonds worth much less than the old ones.
Paul Singer has called the threat of a widespread blackout from an electromagnetic surge the "most significant danger" in the world.
Discussing U.S. growth forecasts, with Mike Wilson, Morgan Stanley Wealth Management, and Jim Dunigan, PNC Asset Management Group.
Amid all the conflict and unrest in the world, the US is increasingly a haven for the world's money, says Ron Insana.
If there is a time to own gold as a safe alternative to other assets during tumultuous times, there's no time like the present.
The Commerce Department has put on hold several requests to sell crude abroad, stalling an industry push to export a glut of oil, sources said.
Though Wall Street awaits the Fed's monetary policy announcement, it's not the "biggest wildcard" this week, says Jefferies analyst David Zervos.
Consumers grew more confident about the economy in July, The Conference Board reported on Tuesday, as expectations built for the recovery.
LONDON, July 29- Gold turned lower on Tuesday as uncertainty before a Federal Reserve policy meeting and key U.S. data later this week pulled the metal back from a one-week high hit on the back of violence in the Middle East and Ukraine. Gold is highly sensitive to any changes in U.S. monetary policy.
ATHENS, Greece— Greece's next meetings with international debt inspectors will take place in Paris instead of Athens, the government said Tuesday, calling the move a sign that the country is no longer under "intense pressure" to make austerity measures.
PITTSBURGH— The city of Pittsburgh and the University of Pittsburgh Medical Center have dropped opposing lawsuits over the hospital network's nonprofit status.
Delinquent debt is overwhelmingly concentrated in Southern and Western states with residents of Texas cities among the most reported.
CNBC's Fed Survey shows market pros aren't very confident the Fed can end its easy money polices without a market crash, a recession or bad inflation.
Among the difficult questions posed by the ongoing border crisis is whether illegal immigrants are a boon or bust to the US economy.
BRUSSELS— The European Union's antitrust authority on Tuesday approved the Polish government's 200 million-euro bailout for its ailing national carrier, LOT airlines. Star Alliance member LOT has been in financial difficulty for several years.
WASHINGTON— The Senate on Tuesday unanimously confirmed former Procter& Gamble CEO Robert McDonald as the new Veterans Affairs secretary, with a mission to overhaul an agency beleaguered by long veterans' waits for health care and VA workers falsifying records to cover up delays.
WASHINGTON— Racing to adjourn for the summer, the Senate scheduled major votes Tuesday on proposals to keep federal highway funds flowing across the nation— billions of dollars to avert layoffs for construction workers and shutdowns of road and bridge projects just before the November elections.
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