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  • Spending Rises Most in Three Years; Orders Jump Friday, 21 Dec 2012 | 8:52 AM ET

    U.S. consumer spending rose in November by the most in three years as incomes climbed, while a gauge of planned U.S. business spending rose much more than expected.

  • Is 'Cliff' Compromise Possible?     Friday, 21 Dec 2012 | 8:31 AM ET

    A look at the future of "fiscal cliff" talks after last's night's defeat of "Plan B" in the House, with Rep. Steny Hoyer, (D-MD), and Barry Knapp, Barclays.

  • Where Do 'Cliff' Talks Go From Here?     Friday, 21 Dec 2012 | 8:05 AM ET

    Austan Goolsbee, University of Chicago professor, explains why he thinks we're going over the "fiscal cliff" but is optimistic for a deal next year. Barry Knapp, Barclays, weighs in.

  • 'Cliff' Negotiations on the Brink     Friday, 21 Dec 2012 | 8:02 AM ET

    "The President has something of a plan," CNBC's Steve Liesman reports.

  • Rep. Shelley Moore Capito, (R-WV), discusses the defeat of the House's "Plan B" bill and the next step in reaching a compromise on the looming "fiscal cliff."

  • Trichet: Fed, ECB Balance Sheets ‘Abnormal’ Friday, 21 Dec 2012 | 5:50 AM ET
    Jean-Claude Trichet

    Ballooning central bank balance sheets across the U.S., Europe, the U.K. and Japan are “profoundly abnormal”, according to Jean-Claude Trichet, the former president of the ECB.

  • No 'Happy New Year' for UK as Gloom Worsens Friday, 21 Dec 2012 | 3:48 AM ET

    With gloomy economic forecasts, falling consumer confidence and poor retail figures adding to concerns over talk of the U.K. leaving the European Union, 2013 is set to be a tough year for the country, analysts say.

  • Boehner Abruptly Scraps 'Plan B' Vote in Setback Thursday, 20 Dec 2012 | 9:57 PM ET
    U.S. Speaker of the House Rep. John Boehner

    Facing a GOP revolt, House Speaker John Boehner abruptly canceled a vote Thursday night on a plan to raise taxes for the wealthy, bringing the country closer to a plunge down the "fiscal cliff."

  • With Boehner's 'Plan B' Off the Table, What Now? Thursday, 20 Dec 2012 | 8:00 PM ET
    U.S. Speaker of the House Rep. John Boehner

    House Speaker John Boehner called off a vote on Thursday to raise taxes for wealthy Americans, bringing the country on the brink of going over the "fiscal cliff."

  • Why 'Plan B' Would Actually Raise Taxes on Low Earners Thursday, 20 Dec 2012 | 1:05 PM ET
    John Boehner

    One in five of Americans earning less than $20,000 a year would see a tax hike of $1,070, since Boehner's bill would eliminate deductions for low earners.

  • New Fiscal Cliff Situation Is 'Worst-Case Scenario' Thursday, 20 Dec 2012 | 12:23 PM ET

    Both sides have given up ground in "Cliff" negotiations, but the tactic of the Republicans to put forth a "Plan B" has suddenly thrown the whole deal into doubt.

  • Higher-End Homes Finally Selling Again Thursday, 20 Dec 2012 | 11:36 AM ET

    Sales of existing homes beat expectations in November, with Realtors reporting a surprisingly modest effect in the Northeast from Superstorm Sandy. An even bigger surprise was a huge gain in activity among higher-end homes.

  • Home Re-Sales Jump 5.9% Amid Mixed Economic Data Thursday, 20 Dec 2012 | 10:03 AM ET

    U.S. home resales rose sharply in November to their fastest pace in three years while a gauge of future U.S. economic activity fell in November and factory activity in the U.S. mid-Atlantic region accelerated.

  • Medicare Premium Increase Plan Redefines 'Well-Off' Thursday, 20 Dec 2012 | 9:45 AM ET

    Income-based premium hikes are likely part of any budget deal, and would eventually affect one in four retirees.

  • US Economy Grew 3.1%; Jobless Claims Rise Thursday, 20 Dec 2012 | 8:49 AM ET

    The U.S. economy grew at a faster pace that previously forecast in the third quarter, while weekly jobless claims rose slightly more than expected.

  • Is Bank of Japan Already Dancing to Abe's Tune? Thursday, 20 Dec 2012 | 3:28 AM ET
    Shinzo Abe

    Japan's incoming Prime Minister Shinzo Abe is slated to take office next week, but the country's central bank, which concluded its two-day policy meeting on Thursday, already appears to be dancing to the leader's dovish tune, analysts told CNBC.

  • Boehner Challenges Obama With 'Plan B' Showdown Wednesday, 19 Dec 2012 | 4:55 PM ET
    House Speaker John Boehner, D-OH, speaks on the 'fiscal cliff' during press conference December 19, 2012 on Capitol Hill in Washington, DC.

    House Speaker John Boehner pressed his backup tax plan Wednesday despite a White House veto threat, saying it will be approved Thursday by the GOP-controlled House.

  • Why Economy Could Slow Even With 'Fiscal Cliff' Deal Wednesday, 19 Dec 2012 | 12:55 PM ET

    No matter what happens with the "Fiscal Cliff," every working American is likely to see a big pay cut after Jan. 1—and that could slow the economic recovery.

  • 'Real Recovery' Depends on 'Cliff' Deal: Pros Wednesday, 19 Dec 2012 | 12:44 PM ET

    President Barack Obama and House Speaker John Boehner are close to a deal that could help the U.S. economy see a "real recovery", Silver Lake Partners Co-Founder Glenn Hutchins told CNBC.

  • How Obama Would Change Social Security Payments Wednesday, 19 Dec 2012 | 10:33 AM ET
    Nancy Pelosi, John Boehner, Barack Obama and Harry Reid

    Obama's offer to slow the growth of Social Security benefits would force fellow Democrats to abandon promises to shield the program from cuts as part of the fiscal cliff negotiations.

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