One would think Iraq's instability would prompt a price spike. Instead, they're about where they were a year ago.» Read More
I know Scott McClellan a little from covering the Bush White House. But like many who interacted with him far more closely than I did, I am quite surprised at the tone of his memoir. His indictment of the administration's "deception" in promoting the Iraq War echoes and validates commonplace criticisms from the political left.
When the 2008 presidential race began in earnest last year, no one could have imagined the Iraq war as a change of subject. But that’s what it was when Congressional testimony took John McCain, Hillary Clinton and Barack Obama away from the top campaign issue--the slumping economy.
Surprise, surprise. Having failed to penetrate General Petraeus’s story about the great improvements on the ground in Iraq, liberals are now trying to make the case that the cost of the Iraq war may have somehow undermined the economy, and even caused the current slowdown. What complete and utter nonsense.
Boeing was debriefed by the Air Force today on why it lost the massive $40 billion tanker deal in a shocking defeat to Northrop Grumman-EADS. Mark McGraw, head of Boeing's tanker program, spoke with me just minutes after the meeting ended.
Iraq's government on Sunday urged Turkey to withdraw its ground forces from northern Iraq, where they are battling Kurdish rebels.
Turkish warplanes, helicopters and artillery bombed suspected hideouts of Kurdish rebels in remote, mountainous terrain of northern Iraq Saturday.
The U.S. House of Representatives on Wednesday approved a $556 billion bill to fund most of the federal government through September 2008, ending a year-long budget fight with President George W. Bush by also including new money for the Iraq war
On Tuesday night, the Pentagon issued a $2.7 billion order for 3,100 more Mine-Resistant Ambush-Protected vehicles, or MRAPs -- designed to protect troops from roadside bombs in Iraq. Herer are the seven manufacturers that will gain from the order.
The unofficial transcript of an interview with Vice President Dick Cheney on "Kudlow & Company."
Conagra Foods on Wednesday said it is not the target of a federal investigation into possible fraud and corruption in supplying the U.S. military in Iraq, denying information in a newspaper report.
President George W. Bush on Thursday ordered gradual troop reductions in Iraq but defied calls for a dramatic change of course, telling skeptical Americans the U.S. military role there will stretch beyond his presidency.
Public discontent with the Iraq war has slightly eased, increasing President Bush’s political maneuvering room at a critical point in debates over war costs and troop levels. Those shifts in public opinion remain modest. Yet only one in four Americans say troops should leave now regardless of conditions on the ground...
Stocks greet the new week with some trepidation and search for direction ahead of the open. European markets are slightly lower after an overnight selloff in most Asian markets, with Japan down 2.2%. Major exporting stocks led the decline in Tokyo.
Summer isn't over yet, but the languid pace that has prevailed in Washington since Congress left town in August has now definitively vanished. On every front, the White House and Congress, Republicans and Democrats, are girding for political action that will unfold rapidly with its ultimate consequences uncertain.
Presidential candidate Sen. John McCain (R-Ariz.) joined CNBC's Larry Kudlow on "Kudlow & Co." to discuss the economic strategy he would pursue if he were elected America's commander-in-chief in 2008.
Shares of KBR, the military contractor and engineering company, dipped slightly Friday after soaring to new highs earlier in the week amid a flurry of new business, including a contract one Wall Street analyst called a "game-changing win" for the former Halliburton subsidiary.
China could play fairer in its trade relations with the United States, Secretary of State Condolezza Rice told CNBC's Maria Bartiromo Friday. "On balance, a strong, growing Chinese economy is good for the international community, but China needs to play by the rules," she said.
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Defying President George W. Bush's veto threat, the House of Representatives on Wednesday approved a bill providing new war funds while setting a timeline for the withdrawal of all U.S. combat troops from Iraq by March 31 next year.
How can you make money on the recent jump in oil prices? Pavel Molchanov, associate analyst with Raymond James, joined CNBC's Erin Burnett on "Street Signs" with three oil plays -- for what he says is no brief spike.