David Rosenberg, chief economist and strategist at Gluskin Sheff, and the CNBC news team look ahead to today's GDP data and share their economic outlooks.
Weighing in on whether excessive lobbyists will bring abuse to the system, with Dan Mitchell, Cato Institute and Christian Weller, Center for American Progress.
Federal Reserve officials are increasingly confident in a durable recovery for the U.S. economy, even though they do not see employment picking up soon, according to minutes from their November meeting released Tuesday.
Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue them. Dividend checks are accumulating at the Treasury. Taxpayers won't recoup the full sum of the government's unprecedented infusion to the financial sector, but the returns are ahead of schedule.
President Barack Obama assured Americans that boosting jobs was a top priority, but gave no specifics about how to meet this goal that some economists say warrants more government spending.
The fund used to safeguard U.S. bank deposits dropped to a negative balance of $8.2 billion in the third quarter, the first shortfall since 1992, the Federal Deposit Insurance Corp said Tuesday.