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Congress Political Leaders

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  • Top Dogs Take Bigger Slice of Spoils Thursday, 30 Jun 2011 | 12:20 AM ET
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    To adapt the exchange between Ernest Hemingway and his literary agent: the super-rich are very different from the rich. They have even more money, according to the FT.

  • Euro Stress Test Speculation Unfounded: EBA Chairman Wednesday, 29 Jun 2011 | 10:34 AM ET
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    Press reports that the European Banking Authority (EBA) could fail up to 15 European banks as a show of the strength and resilience of the tests are completely unfounded, the EBA’s chairman said on Wednesday.

  • UK Regulator Must Focus on Competition: Policymaker Wednesday, 29 Jun 2011 | 10:05 AM ET
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    The UK government needs to address the concerns that the parliamentary committee which oversees the banking industry still has over its proposed regulatory reforms, a senior Conservative politician has told CNBC.com

  • Greek Growth Minister Confident That Vote Will Pass Wednesday, 29 Jun 2011 | 2:07 AM ET
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    In an interview with CNBC, Greece's minister for growth, competitiveness and shipping, Michalis Chrisochoides, was utterly confident that his PASOK party will be able to push through the unpopular medium-term austerity package.

  • Is the Greek Crisis a Boon for Russia's Gazprom? Wednesday, 29 Jun 2011 | 12:53 AM ET
    Gazprom

    Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.

  • Why a Short-Term Fix for Greece Makes Sense Tuesday, 28 Jun 2011 | 11:23 AM ET
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    A Greek default could be a couple of years away, and that wouldn't be such a bad thing, this strategist says. 

  • Busch: Political Cover for Debt Ceiling Deal Tuesday, 28 Jun 2011 | 11:13 AM ET
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    Both sides need to partake in educating the voters as to the choices and why the current spending is unsustainable. The more light that is shone on the negotiations; the more likely there will be a smooth process.

  • CEO Blog: Why GDP Growth Has Not Provided Jobs Yet Tuesday, 28 Jun 2011 | 10:54 AM ET
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    Why aren’t businesses hiring? There is a lot of analysis about this, but, to get a better understanding, it may be best to work in reverse by looking at the past and figuring out what the relative strength or weakness of conditions are today and then examine which policies, if any, might work.

  • An Interview with Marco Rubio Tuesday, 28 Jun 2011 | 9:45 AM ET

    Rising Senate star Marco Rubio of Florida put out a strong growth message in our interview last night.

  • Greek Tragedy Running in the Prime Minister's Family? Tuesday, 28 Jun 2011 | 2:00 AM ET
    The former Greek Prime Minister, George Papandreou

    It is the most crucial week yet for Greek Prime Minister George Papandreou in his efforts stave off default for the country.

  • US Debt Deadline Unlikely to Deviate Much Tuesday, 28 Jun 2011 | 1:21 AM ET
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    U.S. Treasury Secretary Timothy Geithner is not expected to significantly shift the Aug. 2 date when the government will have exhausted all of its emergency measures to stave off default, a source familiar with the administration's efforts said Monday.

  • Obama Still Hopeful for Debt Accord With Republicans Monday, 27 Jun 2011 | 2:27 PM ET
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    The White House said Monday that a "significant" deal with Republicans on cutting government spending and raising the nation's debt limit is still possible, even as the administration hardened its stance on the need for increased tax revenue to be part of any agreement.

  • Bachmann Kicks Off Presidential Campaign Monday, 27 Jun 2011 | 12:55 PM ET
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    Outspoken congresswoman and Tea Party favorite Michele Bachmann cast herself as the "bold choice" for the Republican presidential nomination, as she formally kicked off her campaign Monday in her Iowa home town.

  • Rotblut: Money Isn’t Changing Hands Fast Enough Monday, 27 Jun 2011 | 11:26 AM ET

    Federal Reserve Chairman Ben Bernanke continues to be the enemy of savers. On Wednesday, the Boston Red Sox fan reiterated his belief that interest rates should be kept at rock-bottom levels for an extended period of time. He views this as necessary in order to keep the economy growing. Part of Bernanke's problem has been his inability to accelerate the pace of money movement, or velocity.

  • Wen Visit Won't Provide Greek Solution: Analysts Friday, 24 Jun 2011 | 1:40 PM ET
    Wen Jiabao

    China's premier Wen Jiabao arrived in Hungary on Friday as part of a five-day tour of Europe that analysts expect will see the Chinese government attempt to reassure markets over its economic management and lend rhetorical support to Europe's economies.

  • The Green to Gold Business Playbook

    The authors say, "every business needs an eco-strategy. The “Green to Gold” discussion has changed from whether we need to adopt a green strategy to how."

  • UniCredit, Intesa Shares Sharply Lower Friday, 24 Jun 2011 | 7:20 AM ET
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    Shares in Italian banks UniCredit SpA and Intesa Sanpaolo fell sharply on Friday and were briefly suspended for hitting the daily downward limit under pressure from Europe's debt crisis.

  • Stocks Rise as Bulls Look Beyond Volatility Friday, 24 Jun 2011 | 7:19 AM ET
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    After a volatile session on Thursday as the International Energy Agency unveiled plans to release strategic reserves in a bid to push oil prices lower, stocks look set for a strong end to the week.

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    The release of an emergency supply of oil to the market has received a mixed response from experts, with some arguing that the high oil prices seen in recent months have held back economic recovery while others say it reflects a political struggle.

  • Exasperation at EU Debt Crisis Hand-Wringing Friday, 24 Jun 2011 | 12:40 AM ET
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    As European leaders meet in Brussels with Greece potentially facing a devastating sovereign default, it is easy to forget that just six months ago it looked as though the European Union was about to turn the corner in its debt crisis, the FT reported.