WASHINGTON, April 1- The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group Inc and Mondelez International Inc with manipulation of prices of wheat used in products such as Oreo and Chips Ahoy cookies. The regulator alleged that Kraft and Mondelez bought $90 million of wheat futures, or a six-month supply, but never intended to...» Read More
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.
GE Chairman Jeff Immelt warns Washington against diving over the "fiscal cliff," telling CNBC on Wednesday that the issue was a needless “distraction” at the wrong time.
Fed officials, huddling in Washington for a second day Wednesday, are likely to be discussing how to tweak policy later in the year. Those changes could include a new way of communicating their low rate policy, and what they will do when their Operation Twist ends in December.
While Silicon Valley and other traditional high-tech hubs claim dominance as places for startups, demand for health care and other business services has put places like Indianapolis and Salt Lake City on the entrepreneurial map.
The final presidential debate was supposed to be about foreign policy, but the candidates often tried to shift the focus to domestic issues like the economy. And as the debate lurched back and forth around the world, the facts were sometimes taken for a ride.
Real estate magnate and Republican political figure Donald Trump told CNBC he has a major announcement to make Wednesday concerning the presidential race.
Two weeks before Election Day, a late surge in support for Mitt Romney has put him in a dead heat with President Obama, according to a new NBC News/Wall Street Journal poll.
Two weeks before Election Day, President Obama and Mitt Romney are deadlocked at 47 percent among likely voters, a new NBC News/Wall Street Journal poll shows.
Despite his improved national standing, Romney trails Obama by at least six points in two key swing states, according to the latest NBC/WSJ/Marist polls.
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.