While the FDA has long reviewed test kits made by manufacturers, it has never exercised authority over tests developed and used in medical laboratories. But the FDA says laboratory tests have become increasingly sophisticated, often testing for genetic information, and now compete with manufactured tests that have undergone rigorous FDA review.» Read More
As President Barack Obama widened his lead over Mitt Romney in polls this month, traders at hedge funds and investment firms began shooting emails to clients with a similar theme: It's time to start preparing for an Obama victory.
As the government closes the books Sunday with a $1.1 trillion deficit for the year, budget analysts have little confidence in either Obama or Romney's plan to address the accumulating debt, now at about $16 trillion.
The T.S.A. says the number of guns found at airport security checkpoints has been steadily rising for the last couple of years. Through Friday, 1,105 guns have been found this year, a pace that is higher than last year’s. In 2011, the total was 1,320, up from 1,123 in 2010, the agency says. The New York Times reports.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
CNBC's Rick Santelli breaks down the latest numbers on consumer income and spending, and the impact on the markets, with CNBC's Steve Liesman.
As politicians hurl mud ahead of the election, investors might do well to ponder what “the economy, stupid” means in 2012.
President Barack Obama leads Republican challenger Mitt Romney among likely voters in the battleground states of New Hampshire, Nevada, and North Carolina, new NBC News-Wall Street Journal polls show.
A Treasury Department watchdog office said Thursday that 70 federal agencies owed about $14 million in unpaid taxes at the end of last year.
A new television ad for Obama blasts Romney for his secretly recorded “47 percent” comments and points out that Romney didn’t mention all of the other taxes that Americans pay, even if they’re not paying federal income tax. But the ad, entitled “Fair Share,” does the same thing to Mitt Romney
Running "such an inept, depressing campaign is grounds for dismissal.” Barry Diller says of Mitt Romney during an interview with CNBC.
Mitt Romney will need to get tougher if he’s going to have a chance against President Obama in the election, Donald Trump said during his weekly call with CNBC’s “Squawk Box” on Tuesday.
Traditional alliances have shifted, and teachers’ unions have pursued some strange bedfellows among lawmakers who would not appear to be natural allies, The New York Times reports.
Mitt Romney criticized President Obama on Sunday for refusing to meet Israeli Prime Minister Benjamin Netanyahu during this week’s United Nations General Assembly meeting, accusing the president of distancing the US from an important Middle East ally. The New York Times reports.
CNBC's John Harwood analyzes the Romney's 2011 tax return.
President Barack Obama holds clear leads over Republican challenger Mitt Romney in three more swing states—Wisconsin, Colorado and Iowa—according to new NBC News/Wall Street Journal/Marist College polls.
Stepping up his criticism of Mitt Romney's caught-on-tape moment, President Obama said his Republican rival's comments about voters suggest he doesn't know Americans very well.
The only thing that stands in the way of a boom in economic growth is fiscal policy, former Senator Judd Gregg said on Thursday.
Going beyond Mitt Romney's reference to 47 percent not paying federal income taxes, we looked at the rest of the secretly recorded video and found other instances where Romney’s facts do not always add up.
Mitt Romney says he cares about the poor and middle class as he tries to stem criticism over secretly recorded comments that he doesn't worry about the half of the country that doesn't pay federal income taxes.
Mitt Romney needs to a lay out a clearer, more encompassing vision of what he will do as president and not get sidetracked by small controversies, businessman and author Jack Welch said.