LONDON— It's the stimulus measure with the long, baffling name. Quantitative easing, or QE— the large-scale purchase by a central bank of government bonds and other securities— has been used by the U.S. Federal Reserve, Bank of England, and the Bank of Japan.» Read More
Former SEC chief Harvey Pitt told CNBC Wednesday that the commission should investigate the surprise departure of CEO Vikram Pandit from Citigroup, since there were no hints given on the bank's earnings call the day before.
The incredible prosperity in North Dakota has happened during the Obama administration. However, the fear is that things might change in the next four years, especially when it comes to fracking.
President Obama kept his eyes on his opponent, whereas Mitt Romney’s gaze often strayed to moderator Candy Crowley. Exasperated by Obama's aggressive demeanor, Romney at one point asked her to intercede, calling, “Candy, Candy, Candy.”
It was a fact-checker’s dream. The two major candidates for president, standing practically toe-to-toe, with contradictory versions of a basic fact: the level of oil production on public lands.
Tuesday night kicked off the second of three presidential debates between President Barack Obama and Mitt Romney. Who do you think won? Vote here.
The system costs taxpayers an $70 billion per year. But fiscal costs are the tip of the “cost iceberg.” Using incarceration as a one-size-fits-all solution to every social quandary has led to a ballooning of our prison population to 2.3 million Americans behind bars—the highest per-capita rate in the world.
An Obama re-election could mean a continuation of subsidies for wind and solar power. Would Mitt Romney turn off the spigot if he wins?
President Obama and Governor Romney prepare for Tuesday night's debate.
Pizza Hut is rethinking its contest daring people to ask "Sausage or Pepperoni?" at the presidential debate Tuesday.
CNBC's Gary Kaminsky on last night's debate.
In the second debate of the 2012 general election campaign—the only debate between the Vice Presidential candidates—the facts themselves became one of the issues.
On Thursday night Vice President Joe Biden debated Republican Vice Presidential nominee Paul Ryan. Take our poll and have your voice heard.
This is the complete transcript and video of Steve Liesman's exclusive CNBC interview with Lloyd Blankfein, Goldman Sachs Chairman & CEO, and Erskine Bowles and Alan Simpson, co-chairs of President Obama’s Deficit Commission. The interview aired live on CNBC on Thursday, October 11th at 12:30PM ET.
CNBC's Phil LeBeau reports the latest data from the Department of Transportation on airline flight delays, lost luggage, and tarmac waits.
Mitt Romney's strong performance in the first general election debate has drawn him closer in the race for the White House against President Barack Obama, according to new NBC News/Wall Street Journal polls of three swing states.
Ben White, Politico, says the stock market has essentially doubled under President Obama. Meanwhile Larry Sabato, author of "Pendulum Swing," says that if Obama wins key states, he'll win the election.
Vice President Joe Biden is a “very skillful” debater who could give Paul Ryan a run for his money, New York Jets owner Woody Johnson said Wednesday.
Big Wall Street donors are turning their back on President Obama. Peter Schweizer, "Throw Them all Out" author, explains.
Last month’s controversial U.S. payrolls report is “not correct”, billionaire real estate mogul Donald Trump told CNBC Tuesday, echoing complaints by Obama administration opponents.
In the shadow of the supersize super PACs that have reshaped the battle for the White House and Senate, a new and potentially potent kind of super PAC is proliferating in the closing weeks of the campaign and taking aim at House races.