Janet Yellen believes rising inflation will lead to lower unemployment. But what we've learned over past decades is the reverse: Lower inflation leads to lower unemployment.» Read More
With negotiations on a "fiscal cliff" deal at an impasse, Democrats and Republicans have turned toward sending political messages just before the Christmas holidays.
Facing a GOP revolt, House Speaker John Boehner abruptly canceled a vote Thursday night on a plan to raise taxes for the wealthy, bringing the country closer to a plunge down the "fiscal cliff."
Senator Jay Rockefeller introduced a bill to study the impact of violent video games on children. Lars Larson of The Lars Larson Show, says the study is a distraction, and that there is not much evidence.
A back brace can be found on the Internet for $99, but Medicare pays $900, points out Tom Schatz, Citizens Against Government Waste president.
The Treasury is announcing today that it will dump its remaining stake in General Motors, with CNBC's Phil LeBeau and Michelle Krebs, Edmunds.com; and John Batchelor, The John Batchelor Show host, discusses the latest on the Benghazi scandal.
CNBC's Kayla Tausche reports a Stanford University study found that people who were introduced to a future version of themselves saved more money.
John Lott, author of "More Guns, Less Crime," weighs in on the rush to reduce the number of guns; and CNBC's Mary Thompson reports whether legal action is coming following the deadly Connecticut elementary school shooting.
Fiscal cliff negotiations between House Speaker Boehner and President Obama heat up, reports CNBC's John Harwood; and Democratic Strategist Jimmy Williams and Robert Costa of the National Review, weigh in. CNBC's Hampton Pearson also reports the NRA broke its silence on the Newtown tragedy.
The Longshoremen's Union may shut down ports from Maine to Texas, and the National Retail Federation is urging President Obama to intervene. Jonathan Gold, Supply Chain and Customs Policy for the NRF vice president, provides perspective.
Discussing the many factors moving the global markets, with Rebecca Patterson, Bessemer Trust CIO, who discusses the fiscal cliff negotiations, the new Japanese government, and where the markets could move in 2013.
Examining the economic impact of going over the fiscal cliff, with Doug Holtz-Eakin, former Congressional Budget Office Director. "Politics are trumping the economics right now," he says.
CNBC's Hampton Pearson reports Cerberus Capital Management is selling its stake in The Freedom Group after one of that firms guns was used in the Connecticut school shootings; and Mary Ellen O'Toole, Retired Senior FBI Profiler, and Don Clark, Former FBI Special Agent, offer insight on what investigators know about Adam Lanza and what they're looking for in the case.
One couple spent their 60th honeymoon anniversary at the Waldorf-Astoria since the hotel honors the original room rate for milestone anniversaries, reports CNBC's Bertha Coombs.
Jack Gerard, American Petroleum Institute CEO and president, explains why he believes maintaining a free trade is critical to continued U.S. energy security.
NBC's Jay Gray reports from Newtown, Connecticut, where funerals are being held for some of the victims of the Sandy Hook Elementary School shooting.
CNBC's John Harwood reports on the progress in Washington in the fiscal cliff negotiations; and how the talks are impacting the markets, with Brian Kelly of Shelter Harbor Capital. Also, breaking down Boehner's "plan b," with Karen Finney, Former DNC Communications Director and Sara Fagen, Former White House Political Director.
The tragedy of Sandy Hook has sent the stocks of gun makers plummeting, even as consumers appear to be flocking to buy new firearms.
The Dow jumped 100 points today on budget optimism. Jim Lacamp, Radio Talk Show Host, weighs in.
A House oversight report says the NLRB appear to have turned into a voice for unions. Rep. Darrell Issa, (R-CA), weighs in.
Larry Kudlow looks at a resurgent evangelical vote and why it may decide Ohio, Pennsylvania and Wisconsin. Ralph Reed, Century Strategies President & CEO, weighs in.