JFK understood that high tax rates, even on the rich, bring inequities into the nation's political economy that do not befit America's traditions.» Read More
A deficit reduction package to preserve short term economic growth by delaying the most aggressive measures would a no-go for the markets, the private sector and politicians, business leaders told CNBC on Wednesday.
NBC's Steve Handelsman offers insight on the Benghazi hearing on Capitol Hill.
President Obama turned to corporate leaders as he tried to rally support for comprehensive immigration reform.
Steve Wise was quoted in President Obama's press conference Wednesday afternoon. Meanwhile Rep. Jeff Flake, (R-AZ) discusses whether lawmakers can find common ground.
President Obama, having missed the deadline for submitting his budget, is proposing that Congress pass a short-term plan to delay spending cuts due to take effect March 1.
Sen. Coburn recommends eliminating Pentagon-run grocery stores, saving $9 billion, reports CNBC's Eamon Javers.
Aggressive marketing and savvy manufacturing have helped recast the place of guns in American life, turning AR-15-style rifles into a fast-growing profit center.
TJ Rodgers, Cypress Semiconductor CEO, offers insight on the stock market amid growing concern about the fiscal cliff.
U.S. corporate tax reform should be the top priority in the government's efforts to restore economic growth, FedEx Chairman and CEO Frederick Smith told CNBC.
Insight on the conflict between Hamas and Israel, with Richard Williamson, fmr. Ambassador to U.N. Security Council, and John Batchelor, The John Batchelor Show Host.
Travelers has been raising insurance premiums for three years because of severe weather patterns, said Chairman and CEO Jay Fishman told CNBC.
Sorry OPEC. There’s a new heavy hitter in the oil markets and it’s not about to be pushed around by you.
India's finance minister is putting welfare, defense and road projects on the chopping block in a last-ditch attempt to hit a tough fiscal deficit target by March, risking short-term economic growth and angering cabinet colleagues.
As Republicans return to Congress to tackle the "cliff", will they find a sincere attempt to compromise or just a sore winner?
South Korea warned on Wednesday it might consider a tax on financial transactions and Thailand said it was worried its strong currency would hurt exporters as moves by advanced economies to flood markets with easy money increasingly spill over into other countries.
A federal budget deal to avoid the “fiscal cliff” can be achieved without raising tax rates, Senate Minority Whip Jon Kyl said Friday on CNBC.
Stick with free-market economic principles.
Is Israel going to wipe out Hamas? Helima Croft, Barclays Capital senior geopolitical strategist and Former CIA senior economic analyst, offers insight. "The big question is will this remain confined to Gaza, or does it spread to the broader Middle East," she says.
According to the Wall Street Journal, President Obama wants a $1.6 trillion tax increase over the next 10 years. Ted Cruz, Texas Senator Elect (R), says "if President Obama continues on the path to higher taxes, the U.S. is headed to yet more gridlock."
CNBC's Eamon Javers reports President Obama's had his first opportunity today to speak about the Petraeus sex scandal.