A healthy dose of balance and good old fashioned Washington debate might be just what is needed for investors.
Voters seem to believe that a split Congress and increased gridlock is the best way to achieve these ends, and I don't disagree.
Barring a major surprise, the Republicans will take the House on Tuesday night – our prediction is a gain of 55 net seats, far more than the 39-seat magic number – while falling just short of the 10 seats needed to take the Senate.
The legalization of marijuana for medicinal use in 14 US states has stoked explosive growth the in manufacture, distribution and retail of hydroponics equipment for growing the plant.
Two volcanoes erupted Thursday on Russia's far-eastern Kamchatka Peninsula, tossing massive ash clouds miles into the air, forcing flights to divert and blanketing one town with thick, heavy ash.
My critique of proxy advisory firms has ruffled some feathers over at The Corporate Library, the leading corporate governance research company.
If you had any lingering hope that the Volcker Rule would keep taxpayer protected banks from acquiring hedge funds, it will be quashed by todays announcement that JP Morgan Chase has signed a deal to acquire a controlling stake in the Brazilian hedge fund Gavea Investimentos.
Oscar Goodman is winding down his tenure as perhaps the most famous mayor in Las Vegas' history. He hopes to go out on a high note, even as the state reports the city's unemployment rate has reached a record high of 15 percent.
The government let Lehman Brothers fail during the financial crisis because there was no other choice, former Treasury Secretary Henry Paulson said Wednesday.
The two stories related to mortgages do not have a great deal in common, other than tracing their lineage to the home loans of dubious provenance that were doled out to anyone with a pulse between 2005-07 and quickly packaged up into securities and sold by Wall Street to accounts around the planet.
Denture wearers will get a tax break on the cost of adhesives to keep their false teeth in place. But nursing mothers will not be allowed to use their tax-sheltered health care accounts to pay for breast pumps and other supplies, reports the New York Times.
Cramer checks in with Delaware’s Ted Kaufman one last time before he leaves the senate.
The US can afford another stimulus package but needs to commit to long-term deficit reduction to help states handle pension liability, Laura D’Andrea Tyson, an economic adviser to Obama, told CNBC Monday.
The housing market won’t trend up significantly until it hits bottom, the chairman of the Mortgage Bankers Association, Michael Berman told CNBC Monday, and two changes need to take place before that happens.
The foreclosure process in the US is slowing, enabling delinquent borrowers to stay in their homes for months after they stop making mortgage payments, according to one of the largest lenders. The FT reports.
Mark Mallen was already a highly successful, ice-cream entrepreneur In Denver when he started making the product for the state's fast-growing medical marijuana market.
Ever since the so-called “flash crash” on May 6, policymakers have fretted about the state of equity markets. So have investors. The FT reports.
The Office of the Comptroller of the Currency and the Department of Treasury Inspector General are investigating whether or not certain national bank executives lied to or misled bank examiners, CNBC has learned.
Both the New York Federal Reserve and Bank of America have been trying to calm jittery markets today by explaining that the Fed isn’t taking a regulatory action against Bank of America.
Internal company documents show that at least twice, the Remington Arms Company considered a nationwide recall of its popular 700 series rifles, but decided against it despite thousands of complaints and dozens of lawsuits over inadvertent discharges.