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
The Group of Eight wealthy-nation summit in Germany is ending Friday. Now, the question arises: Is the G8 still able to confront global issues or has it become outdated? Ian Vasquez, director of the CATO Institute’s Center for Global Liberty & Prosperity, and P.J. Crowley, senior fellow and director of homeland security at the Center for American Progress, presented differing views on “Morning Call.”
The U.S. International Trade Commission ordered a ban on Thursday of some imported cell phone models containing Qualcomm chips that infringe on a Broadcom patent.
The Bush administration is poised to suspend a major post-9/11 security initiative to cope with increasingly angry complaints from Americans whose summer vacations are threatened by new passport rules.
This meeting of the world's richest nations may be the most challenging one for the U.S. in years, given the growing power of Russia and China.
Russian President Vladimir Putin proposed to US President George W Bush setting up a joint missile radar base in Azerbaijan to overcome a crisis between the two countries.
Mike Huckabee, former Arkansas governor and presidential candidate, told “Squawk Box” he’s “running the electric car of presidential campaigns.” Huckabee advocated change on several key fronts: taxation, health care and U.S. relations with Russia -- and used the NASCAR race as an analogy for his competitive edge.
The White House remains optimistic about the U.S. economy, despite its forecast that the gross domestic product will drop from 2.9% to 2.3% for 2007. Chairman of the Council of Economic Advisors Edward Lazear shared his insights with CNBC’s Liz Claman on “Morning Call.”
President Bush challenged lawmakers to have the political courage to pass an immigration bill amid intense pressure from critics who call it amnesty and advocates who believe the current system is broken.
President Bush, seeking to blunt international criticism of the U.S. record on climate change, urged 15 major nations to agree by the end of next year on a global target for reducing greenhouse gases.
China's Vice Premier Wu Yi in a speech Thursday night rebuffed U.S. demands for trade and currency reforms. President Bush commented that he was "disappointed." What does this mean for trade relations between the two key economic powers? Morris Reid, former Commerce Department aide under President Bill Clinton, and Kellyanne Conway, president and CEO of The Polling Company, gave their opposing views on "Morning Call."
The House passed a bill that would give the FTC more authority to probe price profiteering from gasoline and other refined products. Violators would face criminal penalties and fines. The bill, which the Bush administration has threatened to veto, is meant to prevent gasoline stations from running up prices.
The U.S. Senate's immigration reform bill could result in the H1B visa cap jumping from 65,000 to 115,000 annually. “Morning Call” invited immigration experts to debate both sides of the issue. Ron Hira, a public policy professor at the Rochester Institute of Technology, said the H1B program -- for highly skilled workers -- has been “corrupted and needs to be repaired.” ... But Robert Hoffman, vice president of congressional and legislative affairs at Oracle, disagreed.
Democrats controlling Congress presented a $2.9 trillion budget blueprint, ensuring a confrontation with President Bush over spending boosts for education and other domestic programs.
President Bush plans to nominate two financial service company executives, Larry Klane and Elizabeth Duke, to fill vacancies on the Federal Reserve Board.
President George W. Bush’s proposal to cut commercial airline taxes by $1.68 billion each year has sparked fierce debate in Washington. Aviation experts joined “Street Signs” to argue each side of the issue.
Investment strategists and economists have weighed in on China's uncanny 11% growth. How does the Bush Administration view the Asian powerhouse? Rob Portman, of the Office of Management and Budget, joined CNBC's Maria Bartiromo on "Closing Bell" to talk about the "good news."
What are the odds of a recession in the U.S.? "Under 50-50," according to Lawrence Summers. The Harvard professor, managing director of D.E. Shaw and former Treasury secretary (under President Bill Clinton) joined CNBC's Maria Bartiromo on "Closing Bell" to offer some sobering predictions.
President George W. Bush visited the storied border town of Yuma, Ariz. Monday to build support for his immigration-reform policies -- proposals that not only affect illegal aliens and blue-collar workers, but also affect the higher end of the educational and economic spectrum. Ron Hira, Public Policy Professor at Rochester Institute of Technology, and Robert Hoffman, vice president for Congressional & Legislative Affairs at Oracle, joined "Power Lunch" to debate expanding H1-B visas for highly trained foreign nationals.
On Friday, the U.S. Commerce Department announced it would impose import duties on shipments of Chinese coated paper. The move reverses a 23-year policy of not enacting tariffs on goods from nations deemed to have non-market economies. Perhaps more significantly, the decision signifies China's evolution into a developed global powerhouse -- one which is now expected to "follow the same rules" as the U.S., according to Commerce Secretary Carlos Gutierrez.
Eight federal prosecutors were fired last year because they did not sufficiently support President Bush's priorities, Attorney General Alberto Gonzales' former chief of staff says in remarks prepared for delivery Thursday to Congress.