It could almost make your head spin. With an economy on the front end of another recession, President Obama’s tax attack on the folks who are most likely to succeed, invest, start new businesses, and create jobs is nothing short of staggering. Only liberal-left class-warfare ideology can explain this.
The people who do the hiring in this nation need more leadership out of Washington and more certainty from the Obama administration's attitude on capitalism, hedge fund investor Nelson Peltz told CNBC Monday.
In order to solve the unemployment issue, we need investments, says Nelson Peltz, Trian Partners chairman/CEO, who adds there are no investments because of lack of confidence and lack of leadership.
Over the 100 years from 1950 to 2050, this decade will be seen as the "inflection decade" as both the developed and emerging economies make radical changes to adapt to a more dominant Asia, Anil Gupta, professor of strategy at University of Maryland told CNBC Monday.
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.
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.
Debating whether "shovel ready' infrastructure spending creates jobs, with Steve Moore, "Return to Prosperity" author, and Mort Zuckerman, New York Daily News publisher.
Bank layoffs won't be as deep as they were during the 2008 financial crisis, hedge-fund recruiter Ilana Weinstein told CNBC Friday. Those who remain, however, may see big cuts in bonuses—if they get one at all.
Eliminate regulation and an equalize corporate tax rates, and you'll see the U.S. economy turn around, says blogger Patricia Chadwick.
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.
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.
Despite a long-term picture in Europe that appears to be as unsettled as ever, investors will take any bit of good news and run with it.
The Misery Index is a composite created by adding the unemployment rate to the inflation rate, and it has been climbing. CNBC's Rick Santelli has the details.
Governments can "create" jobs in a non-Keynesian manner. The first thing to do is generate incentives for private sector companies to hire more staff, writes Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at the Royal Bank of Scotland.
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.
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.
The people in Washington do not have a clue about small business and how to create jobs, according to Bernie Marcus, Home Depot co-founder/Marcus Foundation chairman, who says Washington is a country to itself and do not understand what is happening in real America.
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.
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.