CNBC's Tyler Mathisen looks back at the week's top business and financial stories. The bull market continues, in spite of bad winter weather and the situation in Ukraine. Auto sales were mixed, while Radio Shack & Staples announced they would be closing a number of stores. And the SAT made changes this week, going back to a total 1600 score and making the essay portion optional.» Read More
Sen. Hillary Rodham Clinton rebuffed Republican criticism of her proposals to tax the rich and guarantee health coverage for everyone, saying neither program would hurt the economy.
The Bush administration reported Thursday that the federal budget deficit fell to $162.8 billion in the just-completed budget year, the lowest amount of red ink in five years.
I rushed into work this morning, after massive flight delays getting back from Michigan last night, because I was eager to hear what the Treasury Secretary and our nation's top mortgage lenders had accomplished in the struggle to save thousands of cash-strapped mortgage borrowers.
My take on the results of the debate: Fattest Pitch Down the Center of the Plate: Ron Paul's comment about the absence of "imminent" threats against the U.S. -- which Rudy Giuliani knocked over the fence by asking where Paul was on 9/11.
Mitt Romney is a big (and very rich) boy, and has earned some of the shots that have come his way in the 2008 presidential race. Most prominent among them have been barbs at the evident calculations he has made in flip-flopping on key issues to appeal to the conservative Republican base.
Treasury Secretary Henry Paulson announced a new initiative under which major mortgage servicers, mortgage counselors, government officials and non-profit groups will coordinate their efforts to help struggling borrowers restructure their mortgage payments and stay in their homes.
Trade policy emerged as the hot-button issue among the nine Republican presidential hopefuls squaring off on Tuesday, but taxes, economic growth and the health of the American middle class also got their fair share of attention in the debate.
Up to the minute blog of the CNBC/MSNBC/WSJ GOP Presidential Debate in Dearborn, Michigan.
In recent history, Democrats have been the party of disorder and confusion in the ranks. To their House of Commons, Republicans have been the House of Lords. That has typically meant an orderly line of succession, with one establishment candidate after the other stepping up to claim their chance at the presidential prize: Ronald Reagan in 1980, his vice president George Bush in 1988, Bob Dole in 1996, the younger George Bush in 2000.
In case you didn't know, here's a look at the scorecard for the debate from the media side. The moderators are MSNBC's Chris Matthews and CNBC's Maria Bartiromo. They'll be asking questions as well as telling the debaters "Stop, you're time is up."
It's about three hours until the GOP presidential debate and I took a quick walk around the building. Security is tight for one thing. You have to show credentials every step of the way. Lots of media as I said before: local NBC and ABC affiliates, and CNN are here. But I didn't see Fox TV. What, no Fox coverage? Maybe I just missed them or they're saving themselves for the..um..business channel??
There are lots of big issues that will be explored in greater depth than before in tomorrow's CNBC/MSNBC/Wall Street Journal debate on the economy. The economy has gotten only brief and scattered mention in debates so far; Iraq has gotten most of the attention.
Don't miss the CNBC/MSNBC/WSJ sponsored GOP presidential debate next Tuesday from Dearborn, Michigan. The two hour debate will be live on CNBC-TV and streaming on CNBC.com starting at 4p EST. I'll be one of the panelists asking the questions and we'll also have live blogging so you'll get minute by minute coverage of what's going on behind the scenes.
Rudy Giuliani is getting out in front of next week's CNBC presidential debate with a seven-day media blitz touting his record as an economic conservative.
So, what does this rising anti-trade sentiment mean for Republican politicians--and Democratic ones, for that matter? It's tricky because, rhetoric aside, most economists and elected officials in both parties in fact DO believe free trade offers the best path to economic growth in a global economy.
So why has this decline in GOP free trade sentiment occurred? Think back to 1992, with Pat Buchanan and Ross Perot both ran for president as populists from the right. Since then, "there’s been a steady erosion in Republican support for free trade," says former Rep. Vin Weber, now an adviser to Republican presidential candidate Mitt Romney.
I've seen a lot of opinion polling, but my jaw dropped when I saw this result from our special NBC News-Wall Street Journal poll of Republicans in advance of next week's presidential candidate debate sponsored by CNBC, MSNBC and the WSJ.
The Arizona senator was counted out earlier this year after public discontent with Iraq and immigration reform knocked him off his front-runner's perch. When I'd see him in Washington, McCain himself would acknowledge the damage. But don't count him out yet.
A majority of Republican voters believe free trade has been bad for the U.S. economy, according to a new NBC News/Wall Street Journal poll.
The decision by Newt Gingrich to bypass the 2008 presidential race means the fields in both parties are set--at least for now. I wasn't surprised by Gingrich's decision; since talking with him at a press breakfast a couple of weeks ago, I didn't expect his exploratory effort to result in a "Go", though I did expect it to last longer than just a few days.