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  • 'Container Cliff' Avoided Until Early February Thursday, 27 Dec 2012 | 8:20 PM ET
    Members of International Longshore and Warehouse Union Local 63 Office Clerical Unit walk a picket line near APM Terminals, halting cargo at the busiest seaport complex in the nation.

    After a week of negotiations, The Federal Mediation and Conciliation Service announced that an agreement has been reached between the International Longshoremen's Association and the U.S. Maritime Alliance.

  • Consumer, Businesses Brace for 'Fiscal Cliff' Thursday, 27 Dec 2012 | 12:51 PM ET
    Stocks Rally on Mushy ‘Fiscal Cliff’ Rumors

    Business managers have blamed uncertainties over the looming "fiscal cliff" for their lack of new hiring. We may be about to find out just how justified those fears are.

  • New Home Sales Rise to Highest Level Since 2010 Thursday, 27 Dec 2012 | 10:02 AM ET
    Pending Home Sales Surge to Five Year High

    New U.S. single-family home sales accelerated in November to the fastest pace in 2 1/2 years and median sales price jumped, but economic optimism was tempered by a report showing falling consumer confidence.

  • Jobless Claims Continue Trend Lower; Sandy Fades Thursday, 27 Dec 2012 | 8:31 AM ET

    The number of Americans filing new claims for unemployment aid fell last week to nearly its lowest level in 4 1/2 years, a sign that the labor market is healing.

  • The 'Fiscal Cliff' Doesn't Matter: Economist   Thursday, 27 Dec 2012 | 2:00 AM ET
    The 'Fiscal Cliff' Doesn't Matter: Economist

    Roger Nightingale, Economist at RDN Associates argues the "fiscal cliff" doesn't matter and the U.S. economy will head into recession, irrespective of what Congress and the White House do.

  • Talks to Avoid East Coast Port Strike to Resume Wednesday, 26 Dec 2012 | 10:18 PM ET
    West Coast Wrap: Port of Los Angeles

    The International Longshoremen's Association and the U.S. Maritime Alliance will go back to the negotiation table to try to avert a longshoreman's strike that would close 15 ports from Massachusetts to Texas.

  • Profits at China's Factories Jump as Economy Recovers Wednesday, 26 Dec 2012 | 9:56 PM ET
    Labors work at a factory's workshop in Huaying, Sichuan province of China.

    Annual growth of China's industrial profits quickened to 22.8 percent in November from October's 20.5 percent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.

  • Geithner Warns US to Hit Debt Ceiling Monday Wednesday, 26 Dec 2012 | 4:40 PM ET
    Geithner Likely to Stay at Treasury Until ‘Fiscal Cliff’ Deal

    Treasury Secretary Timothy Geithner on Wednesday notified Congress that the U.S. is going to hit the debt ceiling on New Year's Eve.

  • Starbucks Raises Its Outlook, Increases Dividend

    Starbucks will use its ubiquitous coffee cups to tell U.S. lawmakers to come up with a deal to avoid going over the "fiscal cliff'' and triggering automatic tax hikes and spending cuts.

  • Did the Grinch Steal the Holiday Shopping Season? Wednesday, 26 Dec 2012 | 11:17 AM ET

    Despite some reports suggesting holiday sales will be the worst since 2008, Matthew Shay, president of the National Retail Federation, told CNBC he's still predicting a 4.1 percent increase.

  • Obama Picks El-Erian to Head Global Development Council Wednesday, 26 Dec 2012 | 10:59 AM ET
    Mohamed El-Erian

    Pimco CEO Mohamed A. El-Erian has been named chairman of President Barack Obama's Global Development Council, which was created to help boost global development.

  • Home Prices Post Gains as Recovery Keeps Pace Wednesday, 26 Dec 2012 | 10:45 AM ET

    Home prices rose in October, reinforcing the view the domestic real estate market is improving and should bolster the economy in 2013.

  • Over the Fiscal Cliff: What Kind of Landing? Wednesday, 26 Dec 2012 | 10:14 AM ET

    Why is it so hard for Republicans and Democrats to compromise on urgent matters of taxes and spending? What will happen if they fail to meet their Jan. 1 deadline? Here's a look.

  • US May Expand Mortgage Refinance Program: Report Wednesday, 26 Dec 2012 | 6:30 AM ET
    home-underwater-200.jpg

    The U.S. government is considering expanding its mortgage refinancing program to include borrowers whose mortgages are not backed by Fannie Mae and Freddie Mac, the Wall Street Journal reported.

  • Obama Returning for Last-Ditch 'Fiscal Cliff' Talks Tuesday, 25 Dec 2012 | 11:15 PM ET

    Congress waited for President Barack Obama to return from Hawaii and make one final attempt to avoid the "fiscal cliff."

  • US Holiday Retail Sales Growth Weakest Since 2008 Tuesday, 25 Dec 2012 | 9:43 PM ET
    Merry Christmas! Let’s Make a Deal

    U.S. holiday retail sales this year were the weakest since 2008, when the nation was in a deep recession.

  • Obamacare Tax Hikes May Just Be Getting Started Tuesday, 25 Dec 2012 | 3:20 PM ET
    Ohio, Wisconsin Reject Obamacare Health Exchanges

    It's hard to see how lawmakers can avoid touching health insurance if they want to eliminate loopholes and curtail deductions so as to raise revenue and lower tax rates.

  • Will the Bank of England Ditch Its Inflation Target? Tuesday, 25 Dec 2012 | 6:29 AM ET
    Incoming Bank of England Governor Mark Carney

    The Bank of England that Mark Carney will inherit in July is uncertain of its next steps, and the U.K.'s economic outlook does not appear to be getting any better.

  • What Issues Obama May Tackle in Second Term Monday, 24 Dec 2012 | 12:36 PM ET
    President Obama  speaks Dec. 6, 2012, while visiting a home in northern Virginia to discuss his plan to extend tax cuts for 98 percent of Americans.

    As President Obama approaches his second term, he'll have to confront tough and shifting challenges that will play big roles in shaping the rest of his presidency and his place in history.

  • What a Social Security Fix Will Probably Look Like Monday, 24 Dec 2012 | 10:47 AM ET

    Experts say there are ways to fix Social Security. Politicians just may not like trying to sell those changes to the American people. NBCNews reports.

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