By contrast, Japanese data released earlier on Friday showed Japan's core consumer prices barely rose and household spending unexpectedly fell in the year to April, casting doubt on the Bank of Japan's view that a steady economic recovery was lifting inflation toward the central bank's 2 percent target. A warning from Japanese Finance Minister Taro Aso...» Read More
The president distanced himself from an ad that appears to link Mitt Romney’s former firm, Bain Capital, with the cancer death of a steelworker’s wife. However, the same steelworker — and the same dubious connection — are featured on the Obama campaign’s official web site.
Paul Ryan says he regrets signing letters in 2009 requesting stimulus funds for projects in his congressional district because “it’s clear the Obama stimulus did nothing to stimulate the economy.” That is not exactly true, according to an Investigations Inc. analysis of the projects Ryan championed.
Mitt Romney’s campaign is doubling down on its claim that President Obama “gutted” the work requirement under the 1996 welfare reform law. A new ad released Monday is more specific about the claim than in the past.
Mitt Romney’s plan to restore $716 billion that he says President Obama “robbed” from Medicare has puzzled some experts, who say it might cost recipients hundreds of dollars a year.
Republican challenger Mitt Romney remains close behind President Obama in the race for the White House, but with growing challenges and limited time as he heads toward next week’s nominating convention, a new NBC News/Wall Street Journal poll shows.
The mere mention of her name makes me smile. There was nobody like her; she was one of a kind.
Reigniting the U.S. and the world economy requires a change in U.S. leadership, Stephen Ross, Miami Dolphins owner and The Related Companies chair & CEO, told CNBC’s “Squawk Box” on Monday.
Democrats are eagerly renewing their fight against privatizing Social Security now that Republican Mitt Romney has picked Paul Ryan as his running mate.
Paul Ryan will add a great deal to the Republican ticket, Alan Simpson, a retired Republican senator from Wyoming, told CNBC’s “Closing Bell” on Friday.
What the U.S. economy needs is for leaders to stop condemning success, John Sununu, former Republican governor of New Hampshire, told CNBC’s “Squawk Box” on Thursday.
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.