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CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Bernanke's comments concerned investors. There was good housing news and Apple's Tim Cook faced the Senate's music. Also, Jamie Dimon held on to his dual titles.
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Fred Thompson's rivals don't intend to let him hold the spotlight if they can help it. You can see that in Mitt Romney's release of new tax-cut details this week. Romney has said for months that he aimed to cut the capital gains tax for middle class investors to zero.
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Pacific Rim nations agreed that climate change was of "vital interest," but officials squabbled over whether their leaders should include energy efficiency targets in a statement at their annual summit.
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In recent days the excitement of Fred Thompson's campaign team has been mixed with this nagging fear: that expectations for Thompson's performance upon entering the GOP presidential race might prove too high to meet. Today's kickoff event showed why.
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While Fred Thompson was rolling out his well-choreographed entry into the Republican presidential race, national front-runner Rudy Giuliani was signaling the tack he will use to fend off his new rival: too risky.
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We've compiled some information about GOP presidential candidate Fred Thompson that you might not know.
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Fred Thompson officially entered a wide-open Republican presidential race Thursday, vowing to invigorate a dispirited GOP and promising to thwart another Clinton from capturing the presidency.
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China's President Hu Jintao gave qualified support to an Australian initiative on climate change on Thursday as a rift opened at the APEC meeting over the "Sydney Declaration" and its targets for cutting greenhouse gas emissions.
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Fred Thompson will officially--and some say finally--step into the race tomorrow for the Republican presidential nomination in 2008. It is too late? What does he have to bring to the race? He's second in the national polls among GOP contenders. Here's my video report today from "Street Signs."
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Barack Obama trails Hillary Clinton in polls nationally as well as in key states like Iowa and New Hampshire. But he continues to draw impressive crowds--which is sometimes, though not always, a leading indicator of political momentum.
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The Republican headache that is the Larry Craig scandal just turned into a migraine. By signaling that he might reconsider his decision to resign, the humiliated Republican has extended his party's pain--the headlines, the late night TV jokes, the discomfort within the Senate Republican Caucus.
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U.S. President George W. Bush and Australian Prime Minister John Howard cemented a strong alliance on Wednesday as Asia-Pacific ministers began talks ranging from human security and climate change to trade and economic reform.
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U.S. President George W. Bush said on Wednesday it would help to balance trade if China floated its currency, which has been allowed to appreciate gradually in the past two years but remains tightly managed.
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You'll get a nice look at political stagecraft this week with Fred Thompson's carefully calibrated entry on Thursday into the Republican presidential race. There's a Wednesday night GOP debate in New Hampshire that Thompson chose not to participate, lest it muddy his opening message. But instead of leaving the stage altogether, here's how he will attract attention that day...
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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.
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President Bush outlined reforms on Friday aimed at helping subprime mortgage borrowers. This marks the administration's first public response to the subprime housing crisis since the problem began gathering in February.
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Fred Thompson begins something next week that in most circumstances would seem totally implausible: limping into a presidential race long after competitors set off with a running head start. Smart money isn't betting the ex-Tennessee senator will overtake them. His hope is that the chaotic, shifting 2008 guideposts offer precisely that kind of course that a chaotic, shifting campaign can navigate.
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President Bush tried to calm financial markets by announcing proposals intended to prevent homeowners from defaulting on risky mortgages.
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After watching for weeks as the mortgage meltdown roiled the markets and squeezed homeowners, President Bush inserted himself directly into the matter today. It remain unclear how much his intervention will help investors, lenders or homeowners. But there's no mystery about why he did it.
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OK, we now know that the President, the Congress, and the Fed are acting, and if things get worse, will act in an even more aggressive manner. What's next? Here are the facts: 1) We are heading toward the end of the year, and traders are now trying to figure out how to insure profits
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I'm incensed. There's no other way to describe it. I called the White House, because after listening to the President's speech and reading the corresponding press release from the White House, I was confused, because of this: "The "FHA-Secure" program will help people who have good credit...