CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.» Read More
The US economy has been in recovery for two years, but the pace has been frustratingly slow, well below that of past rebounds from deep recessions and inadequate to repair the damage done by the crisis of 2008-’09. Every time it seems the recovery may be gaining traction, the momentum peters out... Still, the economy retains important supports.
Does Wall street have a problem with President Barack Obama? Not if his fundraising or reelection efforts tell us anything.
CNBC's Eamon Javers has the details on the new report on President Obama's fundraising efforts for his 2012 re-election campaign.
Greece's bailout gives a lift, but the dollar is missing the fun - time for your Friday FX Fix.
Banks across Europe are braced to take as much as 17 billion euro ($24.5 billion) of writedowns on their holdings of Greek sovereign debt within a matter of days.
If the debt ceiling does not get raised, the ramifications range from really bad to Armageddon. That's why the markets and pundits believe the debt ceiling will get raised. It has to. But here are the top five reasons the debt ceiling may not get raised.
Despite President Obama's optimistic words, an eleventh-hour breakthrough in deficit negotiations using the so-called "Gang of Six" plan doesn't seem to have a chance.
Senate Budget Chairman Kent Conrad said Thursday that it's impossible to enact the "Gang of Six" plan for spending cuts, a tax code overhaul and changes in benefit programs by the Aug. 2 default deadline, so a short-term extension of the debt limit is the most likely solution.
Today marks one year since the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law. One year since Rep. Barney Frank and former Senator Chris Dodd chose to ignore our concerns that this bill would stifle the recovery, harm job creation and crush Main Street America.
All eyes are turned towards the clock as the August 2 deadline for the US debt talks approaches. Treasurys investors could stand to benefit if Congress cannot agree to raise the debt ceiling.
Could it be? A euro debt deal may be finally in sight - time for your FX Fix.
Sen. Kent Conrad (D-ND) discusses the specifics included in the "Gang of Six" proposal to cut this country's enormous debt.
George Osborne has urged euro zone leaders to “get a grip” on the sovereign debt crisis at their summit today, warning that failure to do so could unleash an economic crisis as serious as the recession that followed the banking crash of 2008.
We are witnessing a classic restructuring negotiation. The Administration and Congress are negotiating a plan to restructure the federal government. The dynamics of the debt ceiling restructuring negotiations resemble corporate restructuring negotiations.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Investors seem hopeful that something will actually come of this latest euro zone confab. But be careful what you wish for.
Four Plans and four probable outcomes from DC.
Bulls are running in Europe and kiwis are lifting off - time for your FX Fix.
Defying a veto threat, the Republican-controlled House voted Tuesday night to slice federal spending by $6 trillion and require a constitutional balanced budget amendment to be sent to the states in exchange for averting a threatened Aug. 2 government default.
Presidential campaigns are marathons, but time is running short for former Minnesota Gov. Tim Pawlenty. Once viewed as the principal rival to GOP front-runner Mitt Romney, Pawlenty has struggled with lackluster donations, weak poll ratings, a sub-par debate performance and new home-grown competition from Tea Party favorite Michele Bachmann.