BOSTON— Outside political action committees raised and spent more on last year's race for governor than the candidates themselves, according to a new report from the Massachusetts Office of Campaign and Political Finance. More than half of the 2014 money— $11 million— went to help elect Republican Charlie Baker governor. Democratic candidate Martha Coakley...» Read More
Despite repeated warnings from President Obama that unrestricted donations from conservatives to outside groups would swamp them, the White House and its allies are at least holding their own, The New York Times reports.
Add one more potential horror to the nightmare political scenarios: a freakish two-in-one storm that could warp an election that's been two years and $2 billion in the making.
The re-election of U.S. President Barack Obama next week would be positive for bonds, while a victory for Republican rival Mitt Romney would be better for equities, according to a survey of professional investors by Barclays.
Freed to do so by the Supreme Court, major companies are suggesting and sometimes explicitly recommending how their workers should vote, The New York Times reports.
As we enter the final days of the 2012 race, with each campaign raising and spending an unprecedented amount of money, the final call on who wins or loses may come down to something as simple as the weather on Election Day.
President Obama and Mitt Romney are both on pace to raise more than $1 billion with their parties by Election Day, according to financial disclosures filed by the campaigns, The New York Times reports.
Romney has pulled even with Obama in the battleground state of Colorado, but continues to trail narrowly in Nevada, according to new NBC News/Wall Street Journal polls.
The battle for a 4-year stay at the White House has an enormous price tag, reports CNBC's Eamon Javers.
Barack Obama and Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads.
Campaign talk about taxes and deficits may have obscured what is arguably the nation’s biggest challenge: breaking out of a decade of income stagnation that has afflicted the middle class and the poor and exacerbated inequality, The New York Times reports.
GE Chairman Jeff Immelt warns Washington against diving over the "fiscal cliff," telling CNBC on Wednesday that the issue was a needless “distraction” at the wrong time.
Sanctions against Iran, imposed by the U.S. and the European Union, are important and effective but more needs to be done, according to Israeli Finance Minister Yuval Steinitz.
The final presidential debate was supposed to be about foreign policy, but the candidates often tried to shift the focus to domestic issues like the economy. And as the debate lurched back and forth around the world, the facts were sometimes taken for a ride.
Real estate magnate and Republican political figure Donald Trump told CNBC he has a major announcement to make Wednesday concerning the presidential race.
For the last couple of months, there has been a parlor game on Wall Street and in Washington about who will become the next Treasury secretary. After all, Timothy F. Geithner has made it clear he plans to be out of that office at the end of the year whether President Obama is re-elected or not, the New York Times reports.
Some Democrats in Congress are seeking to include an extension of the $120 billion payroll tax cut in negotiations over the looming “fiscal cliff,” shaking what had appeared to be a bipartisan consensus to allow the measure to expire as planned at the end of the year.
Two weeks before Election Day, a late surge in support for Mitt Romney has put him in a dead heat with President Obama, according to a new NBC News/Wall Street Journal poll.
The United States and Iran have agreed in principle for the first time to one-on-one negotiations over Iran’s nuclear program, according to Obama administration officials, setting the stage for what could be a last-ditch diplomatic effort to avert a military strike on Iran, The New York Times reports.
Two weeks before Election Day, President Obama and Mitt Romney are deadlocked at 47 percent among likely voters, a new NBC News/Wall Street Journal poll shows.