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
NBC's Jay Gray reports from Dallas on the lotto fever spreading across the U.S. tonight.
Gov. Rick Scott, (R-FL), discusses what's really at stake when it comes to state's rights and the economic benefits Florida offers businesses.
Americans For Tax Reform says on January 1, 2013, Americans will get smacked with a staggering $268 billion tax hike thanks to Obamacare. Katie Pavlich, TownHall.com, provides perspective.
CNBC's Mary Thompson and Jim Cramer report on JP Morgan's stunning admission of huge losses at the bank. Also, discussing what's causing the stall on Capitol Hill, with Kimberley Strassel, The Wall Street Journal; Bill Hennessy, St. Louis Tea Party founder; and Joy Reid, TheGrio.com.
CNBC's John Harwood reports highlights from President Obama's meeting with top business leaders, including Goldman Sachs CEO Llyod Blankfein; and discussing the odds of a deal on the fiscal cliff, with Dan Clifton, Strategas; Karen Finney, The Hill; and Kevin McCullough, TownHall.com.
Nile Gardiner, Heritage Foundation, discusses the fallout from the Greek election and whether austerity in Europe is dead.
CNBC's Larry Kudlow takes a closer look at some key economic releases today, including consumer confidence and home prices. Jack Bouroudjian, Bull and Bear Partners, and Jeff Kleintop, LPL Financial, discuss how fiscal cliff fears are impacting the stock market.
Will the Tea Party take over Congress in November? Sen. Jim DeMint, (R-SC) and Senate candidate, Richard Mourdock, (R-IN), weigh in on President Obama's policies, the U.S. economy and the nation's growing debt.
There are reports saying Former Florida Governor Jeb Bush could be the Republican frontrunner in 2016. Robert Costa, National Review, offers insight, saying "this is the guy to watch."
CNBC's Brian Shactman reports Third Point's Dan Loeb is going to war with Yahoo; Facebook says it is struggling to monetize its mobile ad business; Cisco shares tumbled on weaker-than-expected guidance; and News Corp. beat earnings estimates and announces a $5 billion dollar stock buyback.
Republican Senator Pat Toomey discusses whether any progress is happening in the fiscal cliff talks; and CNBC's Larry Kudlow reports cyber Monday was a record breaker this year, saying sales rose 30 percent this year from 2011.
Is the administration's policy on capital gains and dividend taxes killing the U.S. economy? Jared Bernstein, Center on Budget and Policy Priorities and Rep. Jeb Hensarling, (R-TX), weigh in.
Phoenix, Arizona, has offered up to 100 free trips to California CEOs to check out the workforce there, lower taxes and incentives for creating jobs. CNBC's Jane Wells has the details.
Robert Costa, National Review reports angry voters took out their fury over the economy at the polls, with Keith Boykin, former White House aide; Heather Higgins, Independent Women's Forum; and Tony Katz, Tea Party supporter.
Sully County, South Dakota, has the highest per capita personal income increase over the past five years of all counties. Why is America's wealth shifting from urban areas to the heartland for the first time in hundreds of years? Tyson Slocum, Public Citizen and Dan Mitchell, Cato Institute, weigh in.
Brett Arends,The Wall Street Journal; Katie Stockton, MKM Partners; and Andrew Busch, BMO Capital Markets, discuss the decline in stocks, oil and Treasury bonds and whether the U.S. economy is headed for deflation.
Discussing looming worries on the fiscal cliff, with Dean Baker, Center For Economic & Policy Research, and Jim Pethokoukis, American Enterprise Institute; and Brent Bozell, For America chairman, explains why the problem continues to be overspending.
CNBC's John Harwood reports on President Obama's support of same-sex marriage and debating whether this is a ploy to divert attention from his economic record, with Keith Boykin, former White House aide; Heather Higgins, Independent Women's Forum; and Tony Katz, Tea Party supporter.
Hostess and its unions agree to mediation in an effort to save the company and more than 18,000 jobs. CNBC's Kayla Tausche spoke with Greg Rayburnm Hostess CEO.
CNBC's John Harwood reports major liberal donors are opening up their wallets to aid Democrats in the coming November elections, and debating whether Independents and swing states will throw their support to Mitt Romney, with James Pethokoukis, American Enterprise Institute; Dan Gross,Yahoo Finance;and Rep. Heather Wilson, (R-NM).