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  • U.S. President John F. Kennedy

    “In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now”: President Kennedy.

  • Debt Threat Debate     Friday, 15 Jul 2011 | 1:13 PM ET

    CNBC's Eamon Javers reports President Obama is urging the GOP to listen to the American people, as the debt threat looms and talks have stalled.

  • We're in a Bubble, a AAA Bubble Friday, 15 Jul 2011 | 9:36 AM ET

    A morning roundup of today's headlines.

  • Behind Battle Over Debt, a War Over Government Friday, 15 Jul 2011 | 8:17 AM ET
    Barack Obama meets for budget talks with congressional leaders July 10, 2011 in the Cabinet Room of the White House in Washington, DC, including House Minority Leader Rep. Nancy Pelosi (L), and House Speaker John Boehner.

    Intense exchanges this week between the two parties have made it clear that this is not so much a negotiation over dollars and cents as a broader clash between the two parties over the size and role of government, reports the New York Times.

  • German, Spanish Banks to Suffer in Tests: Analysts Friday, 15 Jul 2011 | 7:32 AM ET

    The results of the banking stress tests, due on Friday after the close of European markets, will be worst for German and Spanish banks, analyst Ralph Silva of SRN told CNBC Friday.

  • US Probes Credit Suisse for Aiding Tax Evasion Friday, 15 Jul 2011 | 7:07 AM ET
    Credit Suisse

    Swiss bank Credit Suisse said on Friday it is being probed by the U.S. Department of Justice as part of a broader investigation into banks suspected of helping Americans evade taxes.

  • US Default Inevitable: Fund Manager Friday, 15 Jul 2011 | 12:22 AM ET

    A U.S. default isn't a matter of "if" but "when," David Murrin, chief investment officer at Emergent Asset Management, told CNBC.

  • Jeter Fan Cashes In, With Help From Friends Thursday, 14 Jul 2011 | 3:44 PM ET
    Christian Lopez with Derek Jeter

    Yankees fan Christian Lopez was not expecting to catch Derek Jeter’s historic 3,000th home run. He also wasn’t expecting $14k worth of taxes to fall into his hands from the IRS. But since his Yankees tax debacle, Lopez has found friends in some high—and unexpected—places.

  • Amazon Takes On California Thursday, 14 Jul 2011 | 2:20 PM ET
    Income Tax

    Amazon, the world’s largest online merchant, has an ambitious and far-reaching new agenda: it wants to rewrite tax policy for the Internet era.

  • 'Clever' McConnell Plan Could Break Debt Impasse: Altman Thursday, 14 Jul 2011 | 11:25 AM ET
    Senate Minority Leader Mitch McConnell (R-KY)

    Sen. Mitch McConnell's "clever" proposal to give President Barack Obama sole authority to raise the debt ceiling could break the impasse in Congress, Evercore Partners Chairman Roger Altman said Thursday.

  • Happy Bastille Day! Or Not? Thursday, 14 Jul 2011 | 9:32 AM ET

    A morning roundup of today's headlines.

  • Bernanke Testifies to Congress on U.S. Monetary Policy

    "Money Never Sleeps" was the title of the sequel to Oliver Stone’s "Wall Street" and the phrase has never been so relevant according to Philippe Gijsels, the Head of Research at BNP Paribas Fortis Global Market in Brussels.

  • US Deficit Talks at Standstill as Default Draws Closer Wednesday, 13 Jul 2011 | 12:00 PM ET
    US Capitol Building at dawn

    Budget talks between President Obama and his GOP rivals are at a standstill, leading a top Republican to prepose giving Obama sweeping new powers to increase in the government's debt limit.

  • Murdoch Withdraws Bid for BSkyB Wednesday, 13 Jul 2011 | 9:32 AM ET

    A morning roundup of today's headlines.

  • Virginia's Tough Choices     Wednesday, 13 Jul 2011 | 7:46 AM ET

    Virginia Gov. Bob McDonnell, (R) weighs in on how his state invested in job creation and made some tough decisions on budget cuts but is bearing the fruit of those decisions.

  • British Parliament to Vote Against Murdoch Deal Wednesday, 13 Jul 2011 | 4:18 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation, attends the Allen & Company Sun Valley Conference with his wife Wendi on July 7, 2011 in Sun Valley, Idaho.

    The British parliament will unite on Wednesday to urge Rupert Murdoch to drop plans to further expand his media empire in a move unthinkable before a phone hacking scandal exploded just two weeks ago.

  • Harry Potter Casts Spell Over French Film Industry Wednesday, 13 Jul 2011 | 2:41 AM ET
    Harry Potter and the Half-Blood Prince

    On Tuesday, July 12, around 10,000 Harry Potter fans rallied towards the Parisian concert hall of Bercy to celebrate the premiere of the last episode of the adventures of the world’s most famous sorcerer. But while fans were parading with their magic wands, sorcerer's hats and flying brooms, the French film industry has been up in arms.

  • Murdoch's British Titles: Who Would Buy? Wednesday, 13 Jul 2011 | 1:41 AM ET

    Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.

  • Pass Incentives to Bring US Profits Home: Duke CEO Tuesday, 12 Jul 2011 | 5:42 PM ET

    U.S. corporations have $1 trillion in earnings overseas, and they'd be willing to bring that back home if the tax laws were changed, Duke Energy CEO James Rogers told CNBC Tuesday.

  • Repatriation Tax Block     Tuesday, 12 Jul 2011 | 3:16 PM ET

    Discussing how taxes on overseas profits prevents U.S. companies from reinvesting here at home, with James Rogers, Duke Energy president/CEO.

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