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
President Obama is asking for tax increase on the top 2 percent of earners. Larry Elder, author and radio talk show host, shares his thoughts on taxing the rich.
The White House and GOP have both released plans for the fiscal cliff, reports CNBC's Eamon Javers. Karen Finney, Columnist for The Hill; David Webb, TeaParty365; and Guy Benson, Townhall.com.
President Obama met with a group of the nation's governors on Tuesday as part of his approach to resolving the "fiscal cliff."
The only way to solve America's debt crisis and bring certainty to Wall Street and the business community is to go over the fiscal cliff, said former Vermont Governor Howard Dean.
President Obama says that while tax rates must go up for a "fiscal cliff" deal, it may be possible to lower rates at the top end of the scale late next year as part of tax reforms.
Ti Martin, New Orleans' Commander's Palace restaurant co-proprietor, discusses the storm's impact on business and how she's dealing with it. Brad Cohen, in Gulf Shores, AL, discusses his business and how he believes they dodged a bullet. And Samuel Jones, mayor of Mobile AL, talks about the weather situation there.
Bank of America CEO Brian Moynihan said "fiscal cliff" uncertainty has already hurt 2013 business spending and said the failure to reach a resolution presents not only a near-term recession risk, but also the possibility of longer negative effects.
Hurricane Isaac is beginning to take its toll on the Gulf Coast. Todd Gross reports Isaac's path is similar to Hurricanes Betsy, Andrew, and Katrina. The storm, fortunately, appears to be locked in as a Category 1 storm. And it appears that New Orleans will not be too badly hit.
President Obama laid out a stern warning for Syria, saying "Syria's use of chemical weapons would be unacceptable." John Batchelor of The John Batchelor Show host, weighs in.
CNBC contributors Jared Bernstein and Dan Bartlett look at the speeches by Ann Romney and New Jersey Governor Chris Christie. CNBC's Larry Kudlow responds.
President Obama wants higher revenues and higher tax rates. Discussing whether his plan is attainable, with Keith Boykin, Former Clinton White House Aide; and Steve Forbes, author of "Freedom Manifesto."
New Jersey Governor Chris Christie talks about being a New Jersey Republican delivering a keynote address and representing a state with 700,000 more Democrats than Republicans. He also discusses his family's history and efforts to work across the aisle in the Garden State.
NFL's Jovan Blecher murdered his girlfriend before shooting and killing himself this weekend. The gun control debate is back in the spotlight, with Igor Volsky, ThinkProgress.org; and Lars Larson, The Lars Larson Show host.
CNBC's Larry Kudlow and John Harwood discuss the personal connection Ann Romney must make to try and convince women and undecided voters to support her husband. Featuring Ann Romney's convention speech.
If a fiscal cliff deal happens, and the economy grows, millionaire population will grow by 230,000 and fortunes would soar by $1 trillion.
Meteorologist Todd Gross reports Hurricane Isaac is strengthening in the Gulf, and Scott Cohn discusses preparations from New Orleans. Brian Shactman looks at how the storm is affecting the oil industry.
CNBC's Eamon Javers reports on Boehner and other Republicans' plan to avoid the fiscal cliff; and Steve Elmendorf, Former Kerry Deputy Campaign Manager; and James Pethokoukis, American Enterprise Institute; and Douglas Holtz-Eakin, American Action Forum, discuss.
Senator Marco Rubio, (R-FLA) discusses his new book, "An American Son," and the Supreme Court's ruling on the Arizona Immigration Law. "The ideal scenario is for the federal government to finally do its job, secure the border, have an electronic verification system in place, and modernize our legal immigration system so it reflects the 21st Century needs of our country," says Rubio.
Star Parker, President of Cure, explains why the Republican party needs to reach minorities with an economic message and makes the case for free markets.
CNBC contributor Robert Costa of the National Review discusses the buzz around Republican presidential nominee Mitt Romney in Washington right now. Richard Socarides, former Clinton administrative senior advisor; Kevin Madden, Mitt Romney campaign advisor; and Kevin Williamson, National Review, weigh in.