WASHINGTON, Jan 29- President Barack Obama will call for a 7 percent rise in U.S. domestic and military spending in his budget that would end caps known as' sequestration,' the White House said on Thursday, setting up a new source of conflict with Republicans in Congress. The White House rejects that criticism and hopes Obama can find common ground with lawmakers...» Read More
President Obama's fiscal 2014 budget plan proposes cancellation of or cuts to several weapons programs.
Warnings of massive job layoffs and another recession were all the talk when sequestration began in March. But so far the impact of government cutbacks seems a lot less than was predicted.
The U.S. Defense Secretary Chuck Hagel acknowledged he's concerned the crisis in Korea could escalate, with CNBC's Eamon Javers; and how this news is impacting stocks, with Brian Jacobsen, Wells Fargo Advantage Funds and Tom McClellan, The McClellan Market Report.
The U.S. military is sending missile defense technology to Guam, specifically THAAD, or Terminal High Altitude Area Defense, reports CNBC's Eamon Javers.
Defense Secretary Hagel says North Korea's rhetoric presents a "real and clear" danger from the country. CNBC's Eamon Javers reports the U.S. is sending missile defense to Guam. CNBC's Bob Pisani, weighs in.
Discussing just how concerned the world should be with the aggressive tenor coming out of North Korea, and whether the U.S. is doing enough to combat hackers, with Leon Panetta, Secretary of Defense.
The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.
Of the Dow 30 companies, only Boeing and United Technologies are strongly in defense, but they're hardly pure plays, reports CNBC's Jane Wells.
Neal Dihora, Equity Analyst at Morningstar, says defense companies need certainty on the US 'sequester' spending cuts in order to carry on with their business plans.
Defense stocks are up this year, despite concerns over government spending cuts to the industry. Richard Aboulafia, Teal Group Corporation, provides perspective.
Cai Von Rumohr, Cowen and Company analyst, talks about what investors should consider before buying stock in the defense sector.
CNBC's John Harwood reports the latest in Washington where President Obama is speaking out on Republicans and tax reform.
How the sequester might impact the economy, with Rep. Gregory Meeks (D-NY); Mark Simone, WOR Radio Talk Show Host; Robert Costa, National Review; and Gen. Barry McCaffrey, NBC News' military analyst.
North Korea's latest belligerent talk isn't just cheap rhetoric: North Korea is preparing for a war because, in their eyes, the US may really be planning an offensive.
CNBC's Mary Thompson reports tonight's latest headlines, including 15 Republican senators are sending a letter to President Obama asking him to pull Chuck Hagel's nomination for defense secretary.
Mad Money host Jim Cramer shares his final thought of the day.
The GOP rejected the Democrats $110 billion sequester avoidance plan, reports CNBC's Eamon Javers; and what the impact might be on the economy if the sequester goes into effect, with Alan Greenspan, Former Federal Reserve Chairman.
The deficit was front and center in last night's State of the Union, and with the upcoming sequester looming, Rep. Marsha Blackburn (R-TN), shares her opinions on spending cuts.
Defense Secretary nominee Sen. Chuck Hagel is facing criticism for past comments he's made on Israel and Iran, with Jimmy Williams, Democratic Strategist. Kevin Williamson, National Review; and Joel B. Pollak, Breitbart editor-in-chief.
In what ways the sequester could impact the economy, with Laura Tyson, University of California Berkeley business professor, and Robert McTeer, National Center For Policy Analysis.
Get the best of CNBC in your inbox