*Red Sea resorts quiet but some cancellations coming in. By killing two holidaymakers near one of Egypt's biggest sea-and-sun resorts, the Islamist militants behind the attack have undermined Egyptian official assurances that foreigners face no threat from the turmoil that has shaken the country since the overthrow of autocrat Hosni Mubarak in 2011..» Read More
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.
Change has come to Colombia. The South American nation was not so long ago synonymous with narcotics trafficking, violent revolutionary groups and shocking assassinations of prosecutors and judges.
The FBI is investigating anonymous mailed threats against the Goldman Sachs investment firm but does not consider the warnings to be of "high credibility," an investigator said Friday.
Police in London's bustling nightclub and theater district on Friday defused a bomb that could have killed hundreds, after an ambulance crew spotted smoke coming from a Mercedes filled with a lethal mix of gasoline, propane and nails, authorities said.
Police cordoned off part of central London after they defused what they called a "potentially viable explosive device" found in a car.
Stephen Schork, editor of The Schork Report, told CNBC’s “Morning Call” that he expects gasoline prices to decline by summer to a nationwide average of about $2.70 a gallon. He said gasoline supplies always decline at this time of year as refiners build their supply of crude oil to prepare for the summer driving season. The drop in gasoline supplies creates a temporary spike in prices.
Dozens of companies are being investigated for backdating stock options to the days that followed the Sept. 11, 2001, terrorist attacks, and profiting on the back of the equity-market slump that resulted, The Wall Street Journal reported Wednesday.
In 2002, the U.S. government enacted the Terrorism Risk Insurance Act, creating a Federal backup for insurers in the wake of the Sept. 11, 2001 attacks. TRIA expires at year's end. "Power Lunch" guests debated whether it's still a valuable instrument -- or has degenerated into "corporate welfare."
Pipe bombs sent to U.S. asset management firms in Kansas City and Chicago appear linked to an individual known as "The Bishop"
It's been a year since the Dubai Ports World (DPW) imbroglio. Tomorrow, Rep. Barney Frank, D-Mass., chairman of the House Committee on Financial Services, will convene the HCFS to ask the question: Have we learned anything? That's also what Rob Nichols and Gary Hufbauer are asking.
President George W. Bush is doing a lousy job steering the U.S. economy -- or, Bush is doing an excellent job -- depending whether you ask economist Christian Weller or GOP strategist Jack Burkman, both of whom joined "Power Lunch" to dissect the president's economic record.
The huge sell-off in crude oil this week is raising concerns about possible hedge fund losses. Are commodities across the board headed for another Amarenth-style debacle? Howard Simons of Bianco Research and Kyle Cooper of IAF Advisors were on “Closing Bell” to discuss the repercussions of a further decline in commodities.
In an exclusive interview on cnbc.com’s home page, the "optimistic" forecaster talks to CNBC’s Joe Kernen about tax hikes – and other acts he says cause recessions.