Wouldn't it be nice if, just for once, Obama defended American business instead of attacking it?, asks Larry Kudlow.» Read More
Discussing the difficulty in calling the market's next direction, and what current trends reveal, with Mark Okada, Highland Capital co-founder and CIO, and Dan Greenhaus, BTIG.
The Metropolitan Opera plays hardball with unions, vowing a lockout without concessions.
With nearly all Republicans voting in favor and most Democrats opposed, the bill cleared the House by a vote of 237-173. The White House threatened to veto the bill, though the Democratic-controlled Senate is unlikely to pass it. Dave Camp R- Mich., chairman of the tax-writing House Ways and Means Committee.
U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.
Economists shaved growth expectations for the second quarter after the June durable goods report revealed weak shipments and dampened hopes for business spending.
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.
The tax money will be have to be made up somewhere, billionaire investor Mark Cuban says.
President Obama has never pushed hard for corporate tax reform, so his new stance is pure politics, Politico's Ben White says.
According to the Big Mac Index, the value of the dollar is getting stronger in much of the fast food eating world.
This time it is auto loans, not the housing market, that appear to be driving a credit bubble similar to the 2008 bubble. FT reports.
The risk of losing your job is getting smaller and smaller.
TOKYO— Japan's inflation rate eased slightly in June as a sales tax high stunted demand, the government reported Friday. Excluding the direct effect of the April 1 increase in the sales tax to 8 percent from 5 percent, the inflation rate was 1.3 percent, the Bank of Japan said.
Vishnu Varathan, Senior Economist at Mizuho Bank, outlines why Asia may not see much of a boost from the ongoing recovery in the U.S.
Gina Sanchez, Chairwoman & Founder of Chantico Global, says a fall in U.S. new home sales for June, along with issues in wage growth and participation rate, underscore a weak U.S. recovery.
Despite improving fundamentals, U.S. equities are no longer cheap, says Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management. He also discusses the outlook for emerging markets.
Tremendous speculation in the markets may result in a "surprise or accident" in the credit sector, says Jim Awad, Chairman of Plimsoll Mark Capital.
MIAMI— Federal officials have capped the amount of money scofflaws will be forced to pay if they don't buy insurance this year at $2,448 per person and $12,240 for a family of five. The penalty for the first year starts at $95 per adult or $47.50 per child under 18, and it can rise to as much as 1 percent of annual household income.
Diane Black, R- Tenn., who sponsored the bill. The White House says President Barack Obama supports making the tax credit permanent but that the administration opposes the bill because it would add $97 billion to the budget deficit over the next decade. The White House statement stopped short of threatening a veto.
In an exclusive CNBC interview, President Obama took aim at tax inversions. Watch the interview here.
Business Roundtable president John Engler, discusses the current economic situation in the U.S., and what really matters. He shares his opinions on the Export-Import Bank.
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