CNBC's John Harwood reports Hillary Clinton's campaign was playing defensive this weekend after the departure of DNC Chair Debbie Wasserman Schultz. » Read More
It seems that if consumers are most afraid of debt expansion, then more large government programs to “stimulate” the economy might heighten their fears and produce even more contractionary behavior (more saving, postponed buying) which could offset, even overwhelm, any expansionary power the new program might contain.
CNBC's Carl Quintanilla moderates a panel on real estate. Many real estate investors got torched during the financial crisis. Is now the time to come back to real estate, with Bill Ackman, Pershing Square Capital Management LP founder and CEO; Barry Sternlicht, Starwood Capital Group chairman & CEO; and Sam Zell, Equity Group Investments chairman.
Solutions and analysis of the biggest issue facing the U.S. economy: the country's crippling deficit, with CNBC's Steve Liesman; Jon Corzine, MF Global CEO; Damon Silvers, AFL-CIO director of policy and special counsel; Emil Henry, Henry Tiger, LLC; and Thomas F. Steyer, Farallon Capital Management, LLC, sr. managing member.
CNBC's Maria Bartiromo talks to Laurence Fink, BlackRock chairman & CEO; Pierre Lagrange, GLG Partners LP co-founder; Jim Leech, Ontario Teachers' Pension Plan; and Meredith Whitney, Meredith Whitney Advisory Group CEO, about America's place in the world as new economic powers rise in the East.
The BRICS turn the tables and the Belarussian ruble takes a dive - it's time for your FX Fix.
CNBC's Jim Cramer talks with Treasury Secretary Timothy Geithner about the global economy and what sovereign nations in Europe and around the world are doing to deal with the threat of default.. In this broad-ranging discussion, Geithner tells Cramer growth in the U.S. is weaker than he would like, largely due to the shocks of the past year. The political dysfunction in the U.S. & Europe only adds to the uncertainty, he says.
Prime Minister Silvio Berlusconi's government won a confidence vote on Wednesday in the lower house of parliament on a 54 billion euros ($74 billion) austerity package aimed at staving off financial crisis in Italy.
Markets around the world have been waiting for decisions from euro zone leaders on greater fiscal integration and euro bonds since July.
The US economy is going from bad to worse and will not fully recover until structural problems caused by the collapse of the housing market and the financial crisis are resolved, according to Capital Economics.
The US Treasury would effectively accommodate a possible Federal Reserve stimulus to drive down long-term interest rates, according to people familiar with the matter. The FT reports.
Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.
Investors will have to deal with an avalanche of news flow from Europe on Wednesday ahead of a crucial meeting of euro zone finance ministers and US Treasury Secretary Tim Geithner on Friday.
Watching the two GOP frontrunners in last night’s debate — Mitt Romney and Rick Perry — a couple of policy points jumped out at me.
Which members of the US Congress have the highest approximate net worth. Check out the list.
Predications of global economic collapse are overstated, and ignore the market, says blogger Vince Farrell.
Everybody's worried about the euro zone, but Turkey gets some good news — it's time for your FX Fix.
As the euro zone enters the most dangerous phase of its debt crisis, bailout patience is eroding in the fiscally responsible tier of the zone. While Brussels wonders whether the Finns have become Euro-skeptic, the reality is the reverse. Europeans are turning into Finns.
Angel Gurria, secretary-general of the Organisation for Economic Co-Operation and Development, issued a strong defense of the euro over the weekend.
It has been another dramatic weekend in the euro zone. On Friday, Germany’s representative on the European Central Bank's governing council, Juergen Stark, resigned in protest at the bank's decision to buy Italian and Spanish bonds. He will be replaced by German deputy finance minister Joerg Asmussen.
Barack Obama will try to keep steady pressure on Republicans on Monday when he announces that his $450 billion jobs plan is ready to be taken up by Congress, reiterating his call for lawmakers to quickly pass the bill. The FT reports.