Congress Political Leaders

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  • Reichstag Parliment building, Berlin, Germany

    Frau Merkel lost another election. This time the one in the capital, in Berlin. That is, at least, the headline that tops most of the news on the outcome of this, the seventh regional election in Germany this year.

  • Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    Ministers are set to be told this autumn that a £12 billion ($18.8 billion) black hole has opened in the public finances, in a forecast that threatens to derail the coalition’s deficit reduction strategy and prolong austerity well into the next parliament, reported the FT.

  • Golden Gate Bridge

    A strike deadline came and went Sunday night for Southern California grocery workers, but no one was walking off the job just yet as negotiations with supermarket chains continued and looked like they could last into the night.

  • Dominique Strauss-Kahn

    The former IMF chief admitted to a “moral failing” but denied he had sexually assaulted a New York hotel maid in a widely-anticipated interview on French television.

  • US Capitol Building with cash

    The president on Monday will call for a new minimum tax rate for individuals making more than $1 million a year that will replace the alternative minimum tax and ensure that the wealthy pay at least the same percentage of their earnings as middle-income taxpayers, the New York Times reports.

  • Berkshire Hathaway CEO Warren Buffett

    President Obama will propose a "Buffett Tax" on people earning more than $1 million a year when he unveils his deficit plan on Monday, the White House said.

  • italy_rome_200.jpg

    Moody's Investors Service Friday left Italy's Aa2 foreign sovereign currency credit rating unchanged but reiterated that it remained on review for a possible downgrade.

  • Sydney Harbor Bridge & skyline

    When Europe sneezes, other markets get a cold. Just watch the Australian dollar.

  • Chipping Away at Public Debt

    In the new book, the authors examine past attempts to re-establish sustainable public finances - what works, what doesn't and why.

  • Solyndra's headquarters in Fremont, Calif.

    The Obama administration was worried about the financial health of a troubled solar energy company even as officials publicly declared the company in good shape, newly released emails show.

  • need_job_200.jpg

    The recession call is not conclusive. I’m the first to admit it. And my optimistic instincts rebel against the downturn scenario. But facts are facts. They must be reported. And the numbers aren’t good.

  • Euro leaders squabble and the Russian ruble is rocked - it's time for your Friday FX Fix.

  • A tramway pass in the center of Warsaw on June 8, 2011. Poland and Ukraine will co-host the 2012 European Football Championship.

    A collapse of Europe's monetary union would likely lead to a breakup of the European Union as a whole, posing significant risks to the region and even raising the possibility of war in the long term, Poland’s Finance Minister told CNBC.

  • U.S. Minority Leader Rep. John Boehner

    House Speaker John Boehner is calling for tax reform. In a speech today at the Economic Club of Washington, Boehner stressed the need to close loopholes and not raise income taxes that would hurt job growth.

  • Rep. Boehner One-On-One

    I think there are parts of the President's jobs plan where we can find some common ground, say House majority leader, John Boehner, discussing the similarities and differences in his plan to put Americans back to work and the White House plan.

  • Christine Lagarde, managing director of the International Monetary Fund (IMF)

    IMF Managing Director Christine Lagarde made remarks at The Ronald Reagan Building in Washington ahead of the annual meetings of The World Bank and IMF. Lagarde said, "It is a dangerous phase of the crisis. But equally I think there is a way out and path to recovery."

  • Mortgage

    Mortgage rates hit yet another record low this week, 4.09 percent on the 30-year fixed, according to Freddie Mac. This will only fuel President Obama's recent proposal to refinance more Americans into these lower market rates.

  • capitol_building_3_200.jpg

    Over the summer, we witnessed the ugliness and partisan-nature of politics as the debt ceiling debacle took place. The nation's balance sheet needs to be fixed.

  • fx_fix_1_200.jpg

    European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.

  • Jobless Claims

    Jim Iuorio, CME Group; Bernie Marcus, Home Depot co-founder/Marcus Foundation; CNBC's Steve Liesman & Rick Santelli discuss the inflation numbers, CPI, initial jobless claims, and the Empire Manufacturing Index.