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Congress Political Leaders


  • Recession Officially Over; US Incomes Kept Falling Monday, 10 Oct 2011 | 12:58 AM ET
    Empty Wallet

    In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during the recession itself, new research has found, reports the NYT.

  • Should 'Occupy Wall Street' Worry Banks? Friday, 7 Oct 2011 | 4:15 PM ET
    Should 'Occupy Wall Street' Worry Banks?

    Discussing whether banks should be worried if the "Occupy Wall Street" protests gain support from President Obama, with Alex Sanchez, Florida Bankers Assosciaton president and Gary Weiss, former portfolio and Businessweek writer.

  • Marking Ten Years of US War in Afghanistan Friday, 7 Oct 2011 | 10:06 AM ET
    U.S. Army Sgt. Joseph Evans scans the area through a pair of binoculars while Spc. Brendon Quisenberry pulls rear security during a security halt on a route reconnaissance mission near Mir-e, Afghanistan.

    Ten years ago today, in response to the enormous tragedy of September 11, 2001, the United States invaded Afghanistan. So began the long road of endless war, endless suffering, endless spending, and endless death.

  • Greenspan on Trichet's Performance Friday, 7 Oct 2011 | 7:19 AM ET
    Greenspan on Trichet's Performance

    The ECB is not a fiscal agency of the European Union, says Alan Greenspan, former chairman of the Federal Reserve. "Jean Claude-Trichet may be French, but he acts like a German." Greenspan also weighs in on the US economy.

  • Aviva Happy With Exposure to Euro Zone Debt: CEO Friday, 7 Oct 2011 | 4:56 AM ET

    The insurer is happy with the exposure it has to indebted euro zone member states and is confident that European leaders will find solutions to the de debt crisis, Aviva CEO Andrew Moss told CNBC Friday.

  • Alan Greenspan

    The euro zone will need political unification to save the euro, Alan Greenspan, former chairman of the US Federal Reserve, wrote in an opinion piece in the Financial Times.

  • One-on-One with Herman Cain Thursday, 6 Oct 2011 | 7:18 PM ET
    One-on-One with Herman Cain

    Herman Cain, republican presidential candidate, defends his decision to enter the race for the White House, and provides insight on what makes him stand out from his political rivals.

  • 'Occupy Wall Street' Spreads to Main Street    Thursday, 6 Oct 2011 | 4:06 PM ET

    CNBC's Courtney Reagan has the story on the Wall Street protests developing swiftly around the globe.

  • It must be quite interesting be in Mr. Wen Jiabao’s shoes at the moment. The Premier of the globe’s second largest economy is living in a world that seems to be on the brink of a recession due to sovereign debt crisis in Europe and lack of recovery in the US.

  • Banks Face New European Stress Tests Thursday, 6 Oct 2011 | 1:10 AM ET

    Europe’s top banking regulator has started to re-examine the strength of the region’s banks, modelling a big writedown of all peripheral eurozone sovereign debt, reported the FT.

  • Bank of England Seen Holding Rates; Easing Unlikely Thursday, 6 Oct 2011 | 12:26 AM ET
    Governor of the Bank of England Mervyn King

    The UK’s central bank, the Bank of England, is expected to hold interest rates at their current level of 0.5 percent on Thursday as the global economic crisis appeared to worsen and the International Monetary Fund warned that a second global recession could not be ruled out.

  • A report from the state treasurer says the Golden State's debt burden is up to 7.8 percent, more than double what it was eight years ago. According to the report, each Californian owes $2,542 this year for state debt, more than twice the national median of $1,066. It could be worse.

  • Our Austerity Plan Will Work: UK Prime Minister Wednesday, 5 Oct 2011 | 11:28 AM ET
    David Cameron

    The British Prime Minister David Cameron defended the coalition government’s austerity plans on Wednesday telling delegates at the Conservative party’s annual conference in Manchester: “Our plan is right, and our plan will work.”

  • Boomerang

    Michael Lewis, acclaimed author of "Moneyball", "The Big Short", "The Blind Side", "The New, New Thing" and the iconic "Liar's Poker" is now out with his latest book, "Boomerang: Travels in the New Third World" - an illuminating look at the global financial meltdown.

  • Protestors on Wall Street, October 3, 2011.

    There is a reason the Occupy Wall Street movement has taken root so quickly and spread far and wide so rapidly – people are fed up. We are sick of shouldering the burden of an economic crisis caused by a few. We are tired of watching the wealthiest 1% receive tax cuts, while the rest of us face job cuts, pay cuts and cuts in vital services. And we are ready to do something about it.

  • Investor Takes a Swipe at Bank of France Governor Wednesday, 5 Oct 2011 | 9:47 AM ET

    Bank of France Governor Christian Noyer has been met with skepticism over her insistence on Wednesday that French banks are generally in good health and that the French central bank — as well as Belgium's — would back troubled lender Dexia in order to ensure it has enough liquidity.

  • What Does Osborne’s 'Credit-Easing' Really Mean? Wednesday, 5 Oct 2011 | 9:39 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    When chancellor of the exchequer, George Osborne, got up to speak at the Conservative party conference on Monday, he knew he had to tread a fine line between optimism that the British economy could recover and wasn’t going to fall into a "double-dip" recession, versus facing down calls from the Liberal Democrats to ease public spending cuts and those on the right of his own political party calling for an end to the 50p tax rate at the very least.

  • Spain Likely to Miss Growth Forecasts: Minister Wednesday, 5 Oct 2011 | 2:33 AM ET

    As the Spanish economy fails to drag itself out of the mire created by its debt burden, its Employment Minister Valeriano Gomez admitted to CNBC that it would likely miss growth targets this year.

  • Christie Move Sets 2012 Field, Boosts Romney Wednesday, 5 Oct 2011 | 2:29 AM ET
    GOP Presidential Candidates Participate In Debate In Tampa

    After months of turmoil and uncertainty, the Republican 2012 presidential race finally appears to have a settled field of candidates — with Mitt Romney solidifying his perch at the top of the pack.

  • How to Keep the Euro on the Road Wednesday, 5 Oct 2011 | 12:53 AM ET

    The euro zone was launched on a wing and a prayer. The wing has fallen off and the deities are not listening to prayers. Everyone focuses on averting a crash. But it is as vital to ask how to fly securely, the FT reports.