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Federal Budget (U.S.)

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  • Market Pros: Pharma M&A, Recession Cure Ahead Monday, 17 Nov 2008 | 3:36 PM ET

    As recession fears continue to spread globally, investment banks like Goldman Sachs scramble to survive — and investment gurus alter their tactics and strategies to roll with the damage. CNBC's expert advisors gave their outlooks on what's coming and what to do about it.

  • Wilbur Ross: Allowing GM Bankruptcy a 'Wrong' Idea Friday, 14 Nov 2008 | 6:17 PM ET

    The U.S. government should provide funding to struggling Detroit automaker General Motors, Wilbur Ross, chairman & CEO of WL Ross & Co., told CNBC on Friday.

  • Stocks enjoyed a late-day rally Thursday after the S&P 500 broke through its Oct. 10 low — but the euphoria abruptly ended amid talk of a $14 trillion consumer debt pile, and layoff talk from Sun Microsystems and Dow Chemical. CNBC's expert guests offered their views on what's coming next.

  • Bernanke on Policy Coordination Friday, 14 Nov 2008 | 8:44 AM ET

    The full remarks of Federal Reserve Chairman Ben Bernanke on central bank policy coordination the Fifth European Central Bank Central Banking Conference.

  • Economic Summit: Major Problems, Modest Hopes Thursday, 13 Nov 2008 | 5:56 PM ET

    This weekend's global economic summit isn't generating a lot of enthusiasm on Wall Street. But some are hoping that the gathering might yield some tangible results.

  • Market Pros: No Apocalypse Now...But Soon Thursday, 13 Nov 2008 | 1:14 PM ET

    New jobless claims hit a 7-year high Thursday; and even strong companies look weaker in the future. But some strategists see hopeful market signs amid the chaos. CNBC canvassed economic and financial experts for their insights.

  • Market Pros: Stick With U.S. Equities Wednesday, 12 Nov 2008 | 3:29 PM ET

    Treasury Secretary Henry Paulson on Wednesday said he'd direct the $700 billion bailout fund toward uses like consumer debt — and away from dicey mortgage assets. Solid news for some; more uncertainty for others. CNBC's expert guests weighed on the markets and the global economy.

  • Bailout Becoming Come-One, Come-All Parade Tuesday, 11 Nov 2008 | 6:17 PM ET

    The US government could be entering a bottomless pit of bailouts if it starts propping up failing companies outside the financial sector—including the struggling auto industry, economists say.

  • Stock Market To Fall Another 20%-25%: Roubini Monday, 10 Nov 2008 | 9:48 AM ET

    The economy will worsen in the coming months and cause the market to fall another 20 to 25 percent in the United States and abroad, said Nouriel Roubini, a New York University business professor, on CNBC’s “Squawk Box” on Monday.

  • Financial Regulation Likely to Increase: Market Pros Thursday, 6 Nov 2008 | 10:56 AM ET

    Market pros are seeing more regulation ahead for financial markets.

  • Democrats Push Stimulus, But White House Objects Thursday, 6 Nov 2008 | 10:38 AM ET

    Barack Obama's victory and an expanded majority in Congress could have Democrats making up a list of economic stimulus measures and checking it twice. 

  • New Stimulus for Economy May Arrive by Christmas Wednesday, 5 Nov 2008 | 6:04 PM ET

    Barack Obama's victory and an expanded majority in Congress could encourage Democrats to make up a list of economic stimulus measures and check it twice. 

  • Treasury Boosts Bond Offerings to Counter Crisis Wednesday, 5 Nov 2008 | 11:13 AM ET

    The U.S. Treasury said on Wednesday it will resurrect the 3-year note and conduct more frequent auctions of 10-year notes and 30-year bonds to cope with staggering borrowing needs that some say could reach $2 trillion in the current fiscal year.

  • The standard position in American politics is to act like the government running a deficit is bad, and especially bad for the younger generation because, after all, "we're the ones who are going to have to pay it back."

  • Coming Soon: Congress Is Back With 'Stimulus-2' Friday, 31 Oct 2008 | 11:11 AM ET

    Washington, taking a page out of Hollywood, looks set to release Stimulus 2, the sequel.  And if anything, it may be the mother of all economic stimulus packages.

  • Mood of Consumers Posts Record Decline in October Friday, 31 Oct 2008 | 10:05 AM ET
    Crowd of people on the street

    Consumer confidence suffered its steepest monthly drop on record in October, a survey showed Friday, as the worst financial crisis in generations took its toll.

  • Regulators to Approve Derivatives Clearinghouse Friday, 31 Oct 2008 | 9:20 AM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Regulators are expected to approve a clearinghouse for credit derivative swaps in the next several weeks, CNBC has learned.

  • Consumers Cut Spending For First Time in Two Years Friday, 31 Oct 2008 | 8:48 AM ET

    U.S. consumers cut their monthly spending for the first time in two years during September, evidently bracing for hard times as jobs continue to disappear and credit conditions tighten.

  • Bank Borrowing From Federal Reserve Fell Last Week Thursday, 30 Oct 2008 | 4:40 PM ET

    U.S. banks' direct borrowing from the Federal Reserve fell last week, although it remained at very high levels even as the U.S. central bank made its first foray into the commercial lending markets, Fed data showed

  • US Economy Is 'Deeply Worrisome': Fed's Yellen Thursday, 30 Oct 2008 | 4:22 PM ET
    Janet L. Yellen

    Recent trends in the U.S. economy are "deeply worrisome" at a time damage from the credit crunch has outpaced the Federal Reserve's huge interest rate cuts, a top Fed policy-maker said Thursday.