The GAO said that 11 out of 12 fictitious applicants secured government subsidized healthcare. NBC News reports.» Read More
Defying a veto threat, the Republican-controlled House voted Tuesday night to slice federal spending by $6 trillion and require a constitutional balanced budget amendment to be sent to the states in exchange for averting a threatened Aug. 2 government default.
President Obama's comments about a potential bipartisan agreement gave a big boost to Treasuries this afternoon, with the Fast Money traders, and Dan Greenhaus, BTIG chief global strategist.
Wynn Resorts CEO Stephen Wynn used his company's conference call to lay into the Obama administration, calling it the "greatest wet blanket to business and progress and job creation in my lifetime."
Companies both large and small have been slow in creating jobs in the current recovery, and have cited many reasons for it.
Uncle Sam has spent tens of billions of dollars on unemployment benefits over the past few years. Some say it has been a lifeline for the long-term unemployed. Others say it has kept people from taking available jobs.
Unemployment remains stubbornly high, while job creation frustratingly slow.
Discussing Ireland's junk bond status; the possibility of additional asset purchases and its impact on the markets, with Alan Gayle, RidgeWorth Capital Management, and Larry Kantor, Barclays Capital.
Discussing the impact another round of quantitative easing would have on the markets, with Dan McMahon, Raymond James, and Tim Speiss, EisnerAmper.
Swiss drugs industry supplier Lonza is to buy U.S.-listed Arch Chemicals for some $1.2 billion, creating the world's largest player in the microbial control market, the groups said on Monday.
Mississippi Gov. Haley Barbour pulled out of the 2012 presidential race in April but that didn't stop him from sounding like a candidate as he criticized the Obama administration for its economic policies.
CNBC's Brian Shactman has a look at what the shuttle program meant to the U.S. as the final space shuttle launch counts down.
Supporters say it is premature without a replacement to the space craft, while opponents say the returns don't justify the cost.
Is space exploration a wise investment given the nation's budget problems?
Amidst calls for deep government spending cuts, the privatization of the space age may be the solution.
Are Obama's plans to close loopholes, let tax breaks expire and increase taxes on the wealthy job-killing measures? Discussing whether higher taxes can help cut the deficit, with Ben Ferguson, ICON Radio Network, and Greg Valliere, Potomac Research Group.
Former New Jersey governor and MF Global chairman/CEO, Jon Corzine, with final thoughts on the state of the U.S. economy and its prospects for recovery.
CNBC's Mary Thompson reports how the end of QE2 might have a negative impact on bank stocks.
A look at market reaction to Greece's austerity plan and what the U.S. needs to do to gain its financial footing, with Shawn Matthews, Cantor Fitzgerald CEO, and Jon Corzine, MF Global chairman/CEO.
Now that the Fed's buying plan is ending, what does that mean for the economy and the markets, with CNBC's Steve Liesman.
Discussing the many problems facing Greece and the U.S economy, now that QE2 is ending, with Jon Corzine, MF Global chairman/CEO.