CNBC's Tyler Mathisen looks back at the week's top business and financial stories. A shortened trading week, this week, as Easter is on Sunday. The week ended positive after Janet Yellen reassured investors. Low rates could be around another two years, she said.» Read More
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.
Nearly a year after their 2006 wipeout, these are still tough times for the GOP. President Bush and his aides have argued the party must expand beyond white voters. But last night African-American TV personality Tavis Smiley moderated a debate--and the leading republican candidates didn't show up.
President Bush promised on Thursday to take steps to reduce air traffic congestion and long delays that have left travelers grounded. "Endless hours sitting in an airplane on a runway with no communication between a pilot and the airport is just not right," he said.
Shares of Sallie Mae recovered some ground on Thursday, as traders bet that the endangered $25 billion deal to take over the student lender could be renegotiated at a lower price.
The single signature moment of last night's debate was what first appeared to be Hillary Clinton's declaration of independence from her ex-president husband. "He's not the one standing here"--her line after Tim Russert pressed on differences between her position and Bill Clinton's on torture--was a dramatic and effective moment of self-assertion.
Democratic presidential candidates pounced on rival Hillary Clinton for her positions on Iraq and Iran in a debate on Thursday as they sought to undercut her status as the campaign front-runner.
President Bush's speech at the UN today was notable for a couple of reasons--not merely the fact that he ostentatiously rolled his R's in referring to Peru and Morocco. He declined to rise to the provocative rhetoric of Iranian President Mahmoud Ahmadinejad. He didn't want to make the Iranian leader the focus of his speech.
Even though semi-professional historian Karl Rove has left the White House, they are still paying attention to past administrations at 1600 Pennsylvania Avenue. They're especially paying attention to how Bill Clinton revived his fortunes in the 1990s by fighting with the GOP Congress over spending.
When Erin Burnett's show "Street Signs" called me to talk trade this afternoon, the question was "Is Trade Dead?" I thought, for this Congress, it was--until I did a little reporting. As it happens, Republican and Democratic leadership sources both expect SOME progress on trade before the 2008 elections.
Here's why the Norman Hsu case is so alarming--for Hillary Clinton and other presidential candidates, not to mention the investors who prosecutors say were swindled out of $60-million. It's that no one knows how big this iceberg is.
The battle between the White House and Congress over S-Chip--the acronym for a state-federal children's health program--is a fascinating showdown that is playing out on multiple levels. It's partly about ideology and partly about political strategy. It's partly about health care and partly about spending.
Here are notes of interest from the political front. The first one on Newt Gingrich is from a breakfast meeting I attended this week with other journalists. The former Speaker sees a bleak Republican outlook but keeps a potential 2008 candidacy alive.
Paulson, in a letter to congressional leaders, urged quick Senate approval of a bill that would increase U.S. borrowing authority by $850 billion and reduce chances uncertainty over federal funding would exacerbate financial market turmoil.
I noted earlier that the questions rivals had raised about Hillary Clinton's health plan indicated she may have hit the political sweet spot. Republican Mitt Romney slammed her for a "big government" plan whose signal feature matched one he backed as Massachusetts governor.
John Edwards is attacking Hillary Clinton on health care. He argues that her approach isn't sufficiently confrontational, that she'd be too friendly to the insurance industry and thus couldn't deliver on the priority Democratic primary voters care about most: universal health coverage. .
Alan Greenspan may call himself a libertarian Republican, but his new book provides a major credibility boost for Democrats on economic policy. The first, and less surprising, blow came in his criticism of the Bush-era spending excesses. Many conservative Republicans have long offered that critique.
Hillary Clinton's new health plan is a sign of how the debate has shifted since 1993. It's universal -- the individual mandate she's called for would see to that--but less ambitious in design than the version that crashed and burned during her husband's presidency...
Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should act cautiously in lowering interest rates because of inflation risks, according to an interview published on Sunday.
President Bush has settled on Michael B. Mukasey, a retired federal judge from New York, to replace Alberto Gonzales as attorney general and will announce his selection Monday, a source familiar with the president's decision said Sunday evening.
Get the best of CNBC in your inbox