Senator Rubio says he will fight to pass immigration reform.» Read More
Cisco shares jumped 19 percent on the quarter, mostly on the heels of CEO John Chambers' comments at the conclusion of the company's third quarter report that trends were suggesting something positive, or at least stable, in global IT spending.
The business community is neither hiring, nor firing. Labor markets are frozen in regulatory amber; this will be a Jurassic Park recovery. How can we grow without more people working? The answer is: Instead of more people working, we'll get the same number of people to do more work.
Today we saw the release of two piece of important employment data: the Challenger, Gray & Christmas monthly survey of lay-offs and the Monster Employment Index which measures on-line want ads.
Today's data dump from the Bureau of Economic Analysis tells us something very important: Obama's economic stimulus plan has not worked.
This is the problem with the new 'personal branding' business model: persons are more fragile than business. We are deeply wired to identify with other people more than with corporations or logos or abstractions.
Another potential sign that crude oil is topping out was my appearance last Friday night on the Kudlow Report, writes Stephen Schork.
This week on CNBC’s Kudlow Report I repeatedly called for the resignation of New York Fed chairman Steve Friedman over his blatant conflicts of interest with Goldman Sachs.
On last night’s Kudlow Report I asked Sen. Jon Kyl his thoughts on President Obama’s first one hundred days and whether he believes that government is taking over the economy.
I am a free market capitalist and abhor unnecessary Government intervention in the private sector, but the harm that is being done to credit worthy consumers is seriously detrimental to our economy and I fear that the only way to end it is through Government intervention.
On last night’s Kudlow Report I had the privilege of sitting down with a terribly smart old friend of mine, Jim Grant, editor of the popular newsletter Grant’s Interest Rate Observer. Put simply, Jim is blown away by the ‘caprice’ of total fiscal and monetary spending, which by his math, amounts to an astonishing 29 percent of GDP.
It's not often the CEO's comments can overshadow an entire earnings report, but that's what might be happening with Intel and the company's first quarter report.
From the Family Research Council: "An Open Letter to Larry Kudlow, the Nation's Irreplaceable CNBC Host. Dear Larry...."
Last night’s House vote on the Democratic stimulus package, where not a single Republican voted in favor, was another shot across the bow for this incredibly unmanageable $900 billion behemoth of a program that truly will not stimulate the economy.
The last thing we need is another master of the universe who feels like the rules of the moral code do not apply to him, says Jerry Bowyer.
The investor class was not nearly as impressed by yesterday’s inauguration as the political class. Inauguration day 2009 was the biggest stock sell off in the history of inaugurations. I’m pulling for Obama; I’m praying for him. But the investor class can’t afford to have anything other than a clear eye unencumbered by gauzy hype.
No, Obama was not my choice. No, I don’t believe that he is at the present moment a centrist, though history may teach him to be. I’m proud because America showed that she really meant it when she said she want a color blind society.
Remember the wall to wall coverage given to the dangers of outsourcing in the run up to the 2004 presidential election? It was the shark attack story of that summer. Some of us argued that the threat was exaggerated. It turns out that the supply side of outsourcing was as over estimated as the demand side.
My friend Dan Holland from Kudlow & Co (the actual company, not the show) sent me a link from the Times (the British one) about how houses which were built by Jimmy Carter and other liberal celebrities were falling apart.
Now, the dictionary has a number of definitions of ‘recession’ the most well known (and precise) of which is: two consecutive quarters of negative GDP. I haven’t been able to find a dictionary which defines a recession as ‘whatever the NBER says it is.’
Since Thursday, the incoming Team Obama (TO) has been hard at work and they have been listening to what the markets have been saying.