Economist John Taylor said Alan Greenspan kept rates too low for too long, exacerbating the housing bubble. Greenspan said Taylor's wrong.» Read More
A plan to replace the "sequester" should put the bulk of the reductions years out to protect the economy in the short run, House Minority Whip Steny Hoyer told CNBC.
As $85 billion in spending cuts loom, people across the country who rely on the government were trying to fathom what it would mean for them. The NYT reports.
Singapore's government, which has faced growing resentment over a widening wealth gap and rising cost of living, announced a slew of measures in its latest budget to appease its disgruntled citizens.
President Obama isn't "moving the goal posts" by asking for more revenue to avoid the automatic spending cuts, White House economic adviser Gene Sperling told CNBC.
The controversial new documentary's Rome premiere was canceled, its subject deemed "too political" ahead of elections this Sunday.
The Obama administration Wednesday mobilized the full force of the federal government in an effort to stop theft of trade secrets from American companies.
Will retail ring in big this year? CNBC's Courtney Reagan; Rebecca Patterson, Bessemer Trust; and William Baldwin, Forbes Investments Strategies, offer insight.
Are Afghans perfectly capable of defending themselves like the President says they are? Bing West, Former Assistant Secretary of Defense, weighs in. "President Obama has an uphill climb ahead of him if he going to get back to a position of power in the Israel-Arab dynamic," he says.
Discussing whether it is possible to rise above the partisanship, and to produce a fiscal deal that will help the country grow, with Senator Tom Coburn M.D. (R-OK). "We ought to be talking about the realistic goals of the President, and his plans for entitlement reform," he says.
CNBC's Robert Frank offers the details of Warren Buffett's op-ed in the New York Times today, where he argued once again that the rich pay a lower tax rate than the middle class.
Discussing the looming fiscal cliff, with Peter Fisher, BlackRock's Fixed Income Group. "If they come up with a framework by December 20th, that would be a good outcome, but I don't think it will be a bill signed with all the details," he says.
Over the weekend, Republican senators are talking about breaking the so-called Grover Norquist pledge against raising taxes, reports CNBC's John Harwood; and Keith Boykin, CNBC Contributor and Larry Elder, author of "Dear Father, Dear Son," discuss spending cuts, and the looming fiscal cliff.
Right after the election, it was all peaches and cream and conciliatory common-ground language.
FHA is short $56 billion in reserves, with Stephen Meister, Meister, Seelig & Fein; and SEIU activists are protesting outside Los Angeles Airport, with Mary Kay Henry, SEIU International president.
Discussing the Keystone pipeline, and job creation, with Kenneth Green, AEI Resident Scholar and Tyson Slocum, Public Citizen Energy Program.
A cease-fire between Israel and Gaza went into effect today, but at least 12 rockets have been fired into Israel since the truce. Peter Brookes, Heritage Foundation senior fellow, and Gen. Wesley Clark, U.S. Army Retiree, discuss whether the cease-fire is bad for Israel.
The bankruptcy court approved Hostess brands liquidation plan late this afternoon, and 15,000 employees' jobs will be terminated, with CNBC's Larry Kudlow.
Breaking down the many "what if" outcomes on the fiscal cliff, and how different scenarios might impact the markets, with Jim Iuorio, TJM Institutional Services.
Discussing how going over the fiscal cliff might impact the U.S. economy, with Jared Bernstein, Center on Budget & Policy Priorities, and Art Laffer, Laffer Investments. Sen. Susan Collins (R-MA), also weighs in on the impact for small businesses.