MINNEAPOLIS— A federal judge ruled Friday that part of a Minnesota law designed to promote the use of renewable energy is unconstitutional because it attempts to control business that takes place outside state borders— and she barred Minnesota officials from enforcing it.» Read More
It has been called the largest airborne transfer of currency in the history of the world. But finding out what happened to the billions of dollars the New York Fed sent to Iraq has become one of the biggest financial mysteries of all time. Eamon Javers investigates.
The President has made it official, U.S. troops will be home from Iraq by the end of the year. CNBC's John Harwood has the detail.
In September 2007, Fox News put Mitt Romney, Mike Huckabee, Ron Paul, Rudy Giuliani and a man who was, back then, a long shot for the Republican presidential nomination, John McCain, on a debate stage in New Hampshire. The face-off attracted 3.2 million viewers—the most of any debate so far that year, the New York Times reports.
Rick Perry of Texas struggled through his first three debates, so his aides have staged practice sessions, complete with a stand-in for Mitt Romney. He has stirred outrage among conservatives on immigration, so he is defending his stance on the campaign trail as good economics, report the New York Times.
A recent survey of the unemployed showed more than a quarter of respondents opposed renewing the current extended unemployment benefits, the NY Times reports.
Ten years ago today, in response to the enormous tragedy of September 11, 2001, the United States invaded Afghanistan. So began the long road of endless war, endless suffering, endless spending, and endless death.
"Now is absolutely the right time to invest in Africa. We are talking about price-earning ratios in the low single digits in some cases. There are some very attractive opportunities across a wide range of countries," Graham Stock, chief strategist at Insparo Asset Management, told CNBC.
China intends to suspend some military exchanges with the U.S., in the first concrete sign of the fallout from Washington’s decision to provide a $5.9 billion arms package to Taiwan. The FT reports.
The first living marine in 38 years to receive the nation's highest honor, Sgt. Dakota Meyer, rings the opening bell.
A collapse of Europe's monetary union would likely lead to a breakup of the European Union as a whole, posing significant risks to the region and even raising the possibility of war in the long term, Poland’s Finance Minister told CNBC.
A new book claims that President Obama’s response to the economic crisis was hampered by a White House economic staff plagued by internal rivalries, a domineering chief adviser and a Treasury secretary who dragged his feet on enforcing decisions with which he disagreed, the New York Times reports.
For four years, a doctor commuted between his clinics in Texas in a $5 million turboprop with jazzy metallic stripes and ruby stones embedded on the drink cabinet inside. The plane featured exotic wood veneers and polished chrome, and his daughter’s initials were in the tail number. The New York Times reports.
"Post-9/11 surveillance measures have made it far too easy for the government to review our personal and business records, telephone and e-mail conversations, and virtually all aspects of our lives," the author and President of the ACLU explains in this guest blog why the Fourth Amendment is good for business and essential for democracy.
The growing tension between China, Vietnam and the Philippines in the South China Sea could lead to a miscalculation and further escalation between the parties, a former advisor to U.S. Vice President Dick Cheney warned on Friday.
How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.
Post-Gaddafi Libya could begin pumping oil in the next few months, as rebels secured oil infrastructure around Tripoli and edged closer to taking complete control of the country. However, oil markets are shifting their attention to concerns that the US might undertake further fiscal stimulus.
"The question about interest rates and cheap money is probably more important to the oil market and the commodities sector than what is happening in Libya right now," Johannes Benigni, managing director at research firm JBC Energy, told CNBC.
Oil companies are understood to be preparing to move back into the North African country, which used to pump 1.6 million barrels per day before the uprising against Muammar Gaddafi's government began six months ago.
As the nation tightens its budget belt, the century-old military retirement system has come under attack as unaffordable, unfair to some who serve and overly generous compared with civilian benefits.
Pakistan allowed Chinese military engineers to photograph and take samples from the top secret stealth helicopter that U.S. special forces left behind when they killed Osama bin Laden, the Financial Times has learnt.