Stock prices have been doing well, corporate earnings are increasing, and economic data are improving. It is a fragile recovery but a recovery nonetheless.
CNBC's John Harwood has the details on what President Obama's tax overhaul is trying to achieve politically, explaining that the plan will be revenue neutral and will unlikely pass this year. Harwood also has an update on GOP candidates campaign efforts.
An unpaid work scheme that is a key part of the British government’s plans to get unemployed back into work has been threatened after a number of the UK’s biggest employers pulled out.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. The impact of Iran on oil's recent climb.
Greece is being forced to do some very drastic things but they are not in control of themselves and they made a terrible mistake, as did other European countries did by going over to the euro, says Donald Trump, Trump Organization chairman/president. Trump says the euro has been a disaster for some countries like Greece and also weighs in on Rick Santorum's recent popularity, saying he "flunked out of the Senate and now wants to be President."
CNBC's Michelle Caruso-Cabrera has the details on euro zone countries agreeing to give Athens 130 billion euros in additional bailout loans.
Congress on Friday approved legislation renewing a payroll tax cut for 160 million workers and jobless benefits for millions more, backing the main items on President Barack Obama's jobs agenda in a rare burst of Washington bipartisanship.
Stocks had their third best day of the year Thursday, and now traders are watching to see if the S&P 500 can retake its 2011 high.
Check out some of the billionaires from all over the world who have added a major sports team or two to their portfolios.
Master Lock, which is getting a visit by President Obama, recently brought back 100 jobs from China. Is it possible that factory work is back after a decade of decline? Don't hold you breath, says the executive director of the Alliance for American Manufacturing.
Michigan Republican Dave Camp, the chairman of the powerful tax-writing Ways and Means Committee, gave Treasury man Timothy Geithner a tough spanking this morning.
Although there are similarities with what the United States went through at the onset of the financial crisis, the issues in Europe are are more complex and will take years to resolve, Henry Paulson, former Treasury Secretary and founder of the Paulson Institute told CNBC on Wednesday.
The cancellation of Wednesday’s special meeting of euro zone finance ministers, which was planned to rubber-stamp Greece’s latest bailout deal, shows that other euro zone members are increasingly bargaining harder with Greece, economists told CNBC.
The New York Times reports that President Obama’s political standing is rising along with voters’ optimism that the economy is getting better, according to the latest New York Times/CBS News poll, a shift that coincides with continued Republican disquiet over the field of candidates seeking to replace him.
Members of a House-Senate committee charged with writing a measure to extend a payroll tax reduction and provide added unemployment benefits reached a tentative agreement Tuesday evening, with Republicans and Democrats claiming a degree of political victory in a fight with significant election-year implications, the New York Times reports.
The latest polls show Rick Santorum gaining ground on GOP front-runner, Mitt Romney. Discussing whether Romney's strategy of playing up his Michigan roots will work, with Howard Dean, fmr. DNC chairman, and Robert Costa, National Review.
European debt crisis headlines are the wild card for markets Wednesday, but the interesting news of the day may come from the Fed.
President Barack Obama told Chinese leader-in-waiting Xi Jinping on Tuesday that Beijing must play fair in international trade and vowed to keep pressing China to clean up its human rights record.
President Obama’s proposed fiscal 2013 budget — combining deficit cuts, tax increases, and spending to fuel the economic recovery — is an approach right out of the Simpson-Bowles playbook. Whether or not it’s the right approach depends on whom you ask.
If you shake out the Obama budget in terms of bold headlines, it’s really a class-warfare, tax-the-rich budget. Layer upon layer of tax hikes are piled on successful investors, small-business owners, and corporations.