In the new book, the authors examine past attempts to re-establish sustainable public finances - what works, what doesn't and why.
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.
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 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.
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.
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.
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 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.
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.
European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.
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.
Greece needs a collective effort by itself, the International Monetary Fund (IMF) and the rest of the euro zone members to resolve the crisis, according to Zhu Min, Deputy Managing Director, who spoke to CNBC from the summer meeting of the World Economic Forum in Dalian, China.
U.S. Treasury Secretary Tim Geithner will travel to Poland on Thursday for a meeting with euro zone finance ministers set for Friday and attempt to push them to show leadership and get ahead of the euro zone crisis.
News that Germany and France are ready to stand by Greece and avoid it leaving the euro helped stocks to rally following a conference call between Angela Merkel, Nicolas Sarkozy and Greek Prime Minister George Papandreou on Wednesday.
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.