BRUSSELS, April 21- Jacques de Larosiere says he is an isolated and modest man. An eminence grise as respected among France's political elite as in the heart of the law-drafting European Commission, de Larosiere finds himself at the nexus of finance and rulemaking, treading a fine line between lobbying and advice.» Read More
President Barack Obama says an independent commission investigating the Gulf oil spill will thoroughly examine the disaster and its causes to ensure that the nation never faces such a catastrophe again.
Gas prices could climb higher than $5 a gallon by 2012 and oil companies could move exploration to other countries if the Obama administration’s suspension of offshore drilling continues for six months, John Hofmeister, a BP consultant and former Shell executive told CNBC Tuesday.
Gary Kaminsky's call to action today: Stay small. Don't be afraid of cash. Here's why.
U.S. businesses sold $528 million in food products to Cuba last year, from small dairy farmers to multi- billion dollar agribusiness corporations. And they seem to have one thing in common: mixing a little social messaging in with their sales.
Abolishing the mortgage-interest deduction enjoyed by some 75 million homeowners is a a way to “end the subsidization of too much debt,” which was at the crux of the recent financial meltdown, a Cato Institute official told CNBC Friday.
Ten of JP Morgan & Chase's largest investors meet with CEO Jamie Dimon on Wednesday amid concerns of financial regulation and whether the company would consider buying back stock or raising its dividend.
Although the federal government and the beef and produce industries have known about the risk posed by these other dangerous strains of E. coli for years, regulators have taken few concrete steps to directly address it or even measure the scope of the problem.
The Lehman Brothers bankruptcy estate has filed a lawsuit against JP Morgan Chase executives, including CEO and president Jaime Dimon, alleging that JP Morgan illegally siphoned billions of dollars from Lehman in its last days before the bank filed for bankruptcy.
So, who are the most influential Goldman Sachs alums linked to Washington DC and beyond? Click to find out!
American industries of all kinds—from travel and telecom to construction and energy—would be poised to profit if the 52-year trade embargo with Cuba were lifted. Among the first businesses to cash in would be those involved with tourism, most experts agree.
A little known program allows foreigners to invest in U.S. businesses and create jobs in exchange for a green card. Think of it as "immigration through investment". Foreigners can apply for it by proving they'll pour $1 million into a U.S. company.
As the House and Senate begin merging their separate bills into a single bill, they still have a chance to make some important improvements. Here are four issues to watch in coming weeks. The NYT explains.
The list of House Financial Services Chairman Barney Frank includes six subcommittee chairs and Joint Economic Committee Chairwoman Carolyn Maloney.
The Federal Reserve on Monday introduced an online database listing the terms and conditions of more than 300 credit card issuers to help consumers find a card that best suits their personal finance needs. The NYT reports.
Despite an economic embargo against Cuba that has existed for a half century, Americans and citizens of US allies routinely conduct business with the country, including trade and tourism.
It was a midday “throw-down,” or shouting match, between two lawyers at opposite ends of the carried-interest debate, as they gave their views on CNBC Monday.
About one-third of employers subject to major requirements of the new health care law may face tax penalties because they offer health insurance that could be considered unaffordable to some employees, the New York Times reports.
Anxious and angry, Americans are not in a congratulatory mood. That's bad news for President Barack Obama and his Democratic allies.
Dread of potential new financial regulations and late-week risk-trimming raised the anxiety among U.S. traders on Friday, said Wall Street traders and analysts.
On the same day the Gulf of Mexico oil slick contined to spread—while lawmakers were feeding the public live video of the catastrophe—the oil giant BP responsible for one of the country’s worst environmental disasters was lauded as a hero.