The atmosphere will already be tense as the fallout from Sunday's snap election in Greece settles and concern has grown in some quarters that central banks, which played such a big part in guiding economies through the financial crisis, are becoming less predictable. The shock of the Swiss National Bank abandoning its cornerstone currency cap had yet to fully...» Read More
The U.S. dollar versus Mexican Peso trade offers the punchiest and most appropriate exposure to Tuesday's U.S. election, HSBC said on Friday, arguing that that this currency pair will be best placed to reflect a U.S.-driven shift in risk appetite.
The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording. The New York Times reports.
Most everyone has an opinion on who will win the presidential election next week, but in all the prognostication one question has gone mostly overlooked: What if no one wins?
President Obama narrowly leads Mitt Romney in three battleground states less than a week before the election, according to new NBC News/Wall Street Journal polls.
CNBC's Kayla Tausche reports that President Obama is arriving in New Jersey to survey the damage after Sandy hit the East Coast.
New York state officials give an update on Hurricane Sandy, reminding residents that the storm is "life-threatening."
CNBC's Hampton Pearson reports the storm is bringing Washington, DC to a standstill, as schools and government agencies remain closed.
Despite repeated warnings from President Obama that unrestricted donations from conservatives to outside groups would swamp them, the White House and its allies are at least holding their own, The New York Times reports.
Anyone looking at their paycheck stub and seeing the laundry list of taxes taken out might be saying to themselves 'Why am I paying these and where does all that money go?'CNBC explains
Add one more potential horror to the nightmare political scenarios: a freakish two-in-one storm that could warp an election that's been two years and $2 billion in the making.
The re-election of U.S. President Barack Obama next week would be positive for bonds, while a victory for Republican rival Mitt Romney would be better for equities, according to a survey of professional investors by Barclays.
Economist Larry Summers expressed optimism about the economy's long-term prospects, telling CNBC that the first step in setting off a "virtuous circle" was to avoid the "fiscal cliff."
As we enter the final days of the 2012 race, with each campaign raising and spending an unprecedented amount of money, the final call on who wins or loses may come down to something as simple as the weather on Election Day.
President Obama and Mitt Romney are both on pace to raise more than $1 billion with their parties by Election Day, according to financial disclosures filed by the campaigns, The New York Times reports.
Romney has pulled even with Obama in the battleground state of Colorado, but continues to trail narrowly in Nevada, according to new NBC News/Wall Street Journal polls.
The battle for a 4-year stay at the White House has an enormous price tag, reports CNBC's Eamon Javers.
Tired of fighting efforts to roll back union rights in state after state, organized labor is trying a new strategy: going on the offense. The first target is Michigan, the cradle of the UAW and a bastion of union power, The New York Times reports.
Barack Obama and Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads.
Apple earnings and a Microsoft product launch keeps technology names at the forefront Thursday in a market that has been mostly punishing the sector for the last month.
Campaign talk about taxes and deficits may have obscured what is arguably the nation’s biggest challenge: breaking out of a decade of income stagnation that has afflicted the middle class and the poor and exacerbated inequality, The New York Times reports.