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Congress Political Leaders


  • Analysts Weigh In on Bill Gross 'Mistake' on Bonds Tuesday, 30 Aug 2011 | 11:02 AM ET

    Pimco's manager in charge of the world's largest bond fund, Bill Gross, may have made a mistake when betting against US bond prices earlier this year, but the economy has deteriorated faster than anyone had appreciated, analysts told CNBC Tuesday.

  • How to Trade a Safe Haven Currency That Isn't Tuesday, 30 Aug 2011 | 10:36 AM ET
    global coins_200.jpg

    The real safe haven currency is about to stand up, this strategist says.

  • white_house.jpg

    "Last Tuesday, the White House unveiled its plan to reduce and reform federal regulations...I was hopeful the administration had heard the pleas of American business owners and was willing to confront the out-of-control regulatory environment. Unfortunately, it seems that once again the President’s rhetoric did not yield any real results," writes Rep. Graves.

  • A local resident of Red Hook, Franklin Mount, crosses a flooded street on his bicycle in Red Hook, Brooklyn.

    Get ready for a bunch of demand-side economists to tell you that the post-Hurricane Irene rebuilding phase is actually a good thing for future economic growth. But don’t believe it. Who has it right?

  • Job seekers wait in line to have their résumés reviewed at the second annual Anaheim/Orange County Job Fair.

    The House Republican agenda this fall will focus on repealing environmental and labor regulations that GOP lawmakers say are driving up the cost of doing business and discouraging employers from hiring new workers.

  • Losing Our Economic Leaders Monday, 29 Aug 2011 | 12:25 PM ET
    Losing Our Economic Leaders

    The debt ceiling debate in Congress may be over but could the stalemate continue to weigh on the economy for years? Insight with Karen Dynan, Brookings Institution, and CNBC's Kate Kelly.

  • Henes: Economic Lessons Learned From Hurricane Irene Monday, 29 Aug 2011 | 11:07 AM ET
    A New York City Police car drives through a flooded intersection on 43nd Street in New York on August 28, 2011 as Hurricane Irene hits the city and Tri State area with rain and high winds.

    As the rain has moved past New York City and Long Island and wind gusts have subsided, it seems to me that we can learn some things from the experience that relate to the government's current handling of the economy.

  • Dollar Slips, Poland Talks Tough Monday, 29 Aug 2011 | 9:21 AM ET

    The dollar is set to slide, and Poland's finance minister says the euro's on the edge — it's time for your FX Fix.

  • Irene Blog: Business Impact Monday, 29 Aug 2011 | 5:56 AM ET
    Susan Petrella, lower left, stands near the King Neptune statue as the first wind and rain of Hurricane Irene blow in on August 27, 2011 in Virginia Beach, VA.

    The eye of Irene made its way over the New York City Sunday, rolling directly over the borough of Queens, and though the storm unleashed intense rains and heavy winds on the city, it was downgraded to a tropical storm from a hurricane.

  • Central Banks Cannot Go Bust—But Can Cause Trouble Monday, 29 Aug 2011 | 5:16 AM ET
    Financial Crisis

    With speculation growing that the Fed could pull the trigger on QE3 next month and the ECB buying up bonds in the euro zone, analysts at ING in Amsterdam have been asking if it is possible for a central bank to go bust.

  • A fallen tree which also knocked over a power line is seen on Loughboro Road after Hurricane Irene swept through the area.

    Hurricane Irene was the 'Perfect Storm' for insurers in a different sense of the cliche. The weakened storm that spared New York city from major damage gave the wealthy and rarely hit Northeast enough of a scare because of ominous weather forecasts leading up the storm that property insurers will be able to raise pricing even more next year, according to a Morgan Stanley analyst.

  • When Will Greece Say 'Enough Is Enough'? Monday, 29 Aug 2011 | 2:03 AM ET
    The Parthenon in Greece

    EU leaders yesterday rounded on the new Head of the IMF calling her comments on Europe 'misguided'. Christine Lagarde's assessment is certainly stark. The former French Finance Minister argues economies are now in a 'new dangerous' phase' that requires Europe's banks be forced to recapitalize in order to cut the 'chain of contagion'.

  • Trichet Gives Master Class in Saying Nothing Sunday, 28 Aug 2011 | 7:56 AM ET
    Jean-Claude Trichet

    In Jackson Hole Wyoming on Saturday Jean-Claude Trichet, the president of the European Central Bank was due to give a speech to a meeting of policy makers hosted by the Federal Reserve. As he prepared to speak the euro zone faced huge problems.

  • EU Working on ‘Radical’ Plan for Banks: Report Sunday, 28 Aug 2011 | 7:09 AM ET
    Jean-Claude Trichet

    Following weeks of heavy losses for banking stocks across Europe, the Sunday Times in the UK reported Sunday that European officials are working on a "radical plan" to prevent a fresh pan-European credit crunch.

  • Live Blog: Business Braces for Hurricane Irene Friday, 26 Aug 2011 | 1:23 PM ET

    With more than 50 million people potentially in Hurricane Irene's path, residents along the US east coast stocked up on food and water and worked to secure homes, vehicles and boats.

  • Don't Bet on 'Bernanke Put': Analyst Friday, 26 Aug 2011 | 8:19 AM ET
    Fed Chairman Ben Bernanke

    Federal Reserve Chairman Ben Bernanke is unlikely to announce a third round of quantitative easing in his Jackson Hole speech this afternoon, Tony Fratto, the director of Hamilton Place Strategies, a public policy research firm, told CNBC.

  • Wadhwa: Merkel's Grip on the Throne Shaky Friday, 26 Aug 2011 | 7:04 AM ET
    German Chancellor Angela Merkel

    Forbes Magazine might have just put German Chancellor Angela Merkel on the throne for the "Most Powerful Woman" in the world, but at home her less exulted throne of government is shaking.

  • Cat And Mouse Game In Europe: Analyst Friday, 26 Aug 2011 | 4:04 AM ET

    Germany is playing a cat and mouse game with less successful European economies as negotiations over the euro zone crisis continue at the country level, Giles Keating, head of research at Credit Suisse, told CNBC Friday.

  • QE3 Is Coming by Year End: Roubini Thursday, 25 Aug 2011 | 5:49 PM ET
    Nouriel Roubini guest hosts Squawk Box on CNBC.

    Whether or not Bernanke announces a third round of quantitative easing on Friday, it's definitely coming by the end of the year, economist Nouriel Roubini told CNBC.

  • Fears Over Greek Bailout Re-Emerge Thursday, 25 Aug 2011 | 11:10 AM ET
    Fears Over Greek Bailout Re-Emerge

    Chris Wheeler, bank analyst at Mediobanca joined CNBC to discuss the latest news on the European markets and what would happen if the Greek bailout fails.