Secretary of Agriculture Tom Vilsack announced in Cedar Rapids the formation of the first Rural Business Investment Company, a for-profit firm licensed by the USDA to invest in businesses that otherwise might not have the capital to increase business opportunities. The USDA traditionally has offered guaranteed loans or direct loans for rural businesses.» Read More
CNBC's Rick Santelli talks to Sen. Tom Coburn, (R-OK), about keeping farm relief fiscally responsible and reforming unbalanced subsidies.
China’s sluggish growth and contractions in oil supply and demand should be enough to convince oil market bulls that the oil rally can’t continue for long, Neil Atkinson, Director of Energy Research and Analysis at Data Monitor, told CNBC.
Days after joining the Romney ticket, Rep. Paul Ryan met with Sheldon Adelson, the casino mogul who has pledged to spend up to $100 million to defeat President Obama, The New York Times reports.
The intersection of Duke Energy’s interests and its support for the Democratic National Convention in Charlotte is testing President Obama’s pledge to free the party’s gathering from business and lobbyist support, The New York Times reports.
Banks complain that tighter regulation means that too much capital is tied up in regulatory funds and not enough gets to consumers. But they should get used to it as this is the “new normal” if we want economic growth, Professor Andrew Sentance, senior economic adviser at PricewaterhouseCoopers (PwC) told CNBC.
Republican vice presidential nominee Paul Ryan’s budget represents the "wrong direction" for clean energy policy, Democratic Rep. Henry Waxman told CNBC’s “Closing Bell” on Tuesday.
The budgets that Rep. Paul Ryan has pushed through the House have been nothing short of a conservative reordering of the nation’s tax and spending priorities for the 21st century, The New York Times reports.
When President Obama was elected, aides say, he saw Rep. Paul Ryan as someone he could possibly work with to reverse the federal debt. He soon would change his view.
Rep. Paul Ryan, the Wisconsin congressman who is now Mitt Romney's vice presidential choice, has made many appearances on CNBC in his role as chairman of the House Budget Committee and the author of a controversial budget plan that projects spending cuts of $5.3 trillion over ten years. Here's a collection of video clips going back to June, 2011.
The addition of Paul Ryan to the Republican presidential ticket offers a clear distinction between competing visions for the country, political and market observers said Monday.
The selection of Representative Paul Ryan as the Republican vice-presidential candidate provides President Obama with something he has been eagerly looking for — a bigger target. The New York Times reports.
Likely Republican presidential nominee Mitt Romney announced on Saturday that Wisconsin Congressman Paul Ryan would be his vice presidential running mate. Here are some official reactions to the news.
CNBC's Jane Wells has the latest detail on the impact this summer's drought has taken on crop prices and production.
CNBC's Hampton Pearson has the details on the latest multi-billion dollar loss from the U.S. Postal Service.
Discussing the government's financial obligations beyond the national debt, with David Walker, The Comeback America Initiative CEO.
Many small businesses will get checks from their health-insurance providers, thanks to the health-care overhaul that became law in 2010. Here's what businesses need to know.
Standard Chartered shares slumped more than 17 percent in Hong Kong and 16 percent in London after New York’s top bank regulator said the British bank worked with Iran to hide $250 billion in transactions, violating U.S. anti-money laundering laws, but analysts say that the case will only have limited impact on the bank.
If television ad spending is any guide, the White House race will come down to nine states that have absorbed an eye-popping $350 million in commercials so far.
President Obama touts job growth figures in July's unemployment report but says "too many folks out there" are looking for work. Mitt Romney calls it "another hammer blow."
After a final day of partisan battles that prevented action on a massive relief package for drought-striken farmers and on protecting the nation from cyberattacks, Congress has left for five weeks of vacation, facing a fall fraught with decisions on the political and economic future of the country.