The U.S. economic outlook has "clearly" deteriorated this year, and "conditions still aren't much different from an economy still in recession," Chicago Fed President Charles Evans said.
CNBC's John Harwood has the story on the republican debate that will take place tonight in Simi Valley, and discusses what we should expect from President Obama's jobs speech tomorrow night.
As a clearer picture of third quarter economic activity is beginning to take shape an interesting image is being formed. The quarter is starting to look like the picture of economic activity most forecasters were projecting back in May and June—before the summer of discontent emerged in Washington and in financial markets. For those fearful of another recession, I borrow that famous phrase from college football analyst Lee Corso: “Not so fast, my friend!”
Taking The Pulse of President Obama's Fundraising With the jobs picture getting more anemic with each passing month, President Obama's plans to address Congress Thursday on how to get Americans back to work.
It would appear that capitalism has a developed a terrible dependency issue, turning hostile and violent when there’s nothing left in the punch bowl. Unfortunately, new fears of a double dip recession have emerged, the caked residue of weak economic growth and a soft job market. On the heels of a 30-year spending spree and the party of our lifetime, we find ourselves searching for our equilibrium once again.
The President is pro business, but he must be able to persuade America that his plan will work because confidence is down, says Dick Parsons, former Time Warner CEO/ Citigroup chairman.
Companies are hiring in this environment, says Matt Ferguson, CareerBuilder CEO, who adds that his company sees a better picture for jobs this year.
Discussing what needs to be done to create jobs, with Jared Bernstein, former economic adviser to VP Biden, and Douglas Holtz-Eakin, former Council of Economic Advisers chief economist.
As fall begins, the economy is a mess. Unemployment is at 9.1 percent. The U.S. economy failed to add jobs in August. Consumer confidence is at record lows. The housing market is in despair. Europe is imploding. And, our political leaders cannot seem to put their differences aside to create some certainty and progress.
The Fast Money traders take a look at what's behind the market sell-off and CNBC's Steve Liesman, Steve Cortes, Patty Edwards, and Brian Kelly weigh in on where the economic safe havens are.
John Faraci, International Paper CEO discusses demand and its role in job growth.
Sometimes a summer vacation can set you up for the autumn, allowing you some-hard earned rest to recharge the batteries before returning to the office, light of heart and confident about the prospects for the rest of the year.
A preview of President Obama's jobs plan to be delivered this Thursday to a joint session of Congress. And analysis of what needs to be done to create jobs in the U.S., with Steve Blitz, ITG, who says Obama's jobs plan won't work, and Mark Vitner, Wells Fargo.
Friday’s disappointing US non-farm payrolls data showed no jobs where created in the US in August sending stocks sharply lower as fears over a recession intensified.
Friday's worse-than expected jobs figures have brought talk of a third round of quantitative easing, which has been around most of the year, to the top of the agenda.The U.S. economy has suffered through many recessions in its history. But just what is a recession and how do they come about? Here are the details in this CNBC explains.
This week's European Central Bank meeting will show whether the ECB can save the global economy. Here's how to get ready.
Think your boss is a psychopath? That may scientifically be true.
The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.
Between the stunningly bad jobs report and the mess in Europe, investors have more than their share of reasons to avoid risk. Here's how.
After trickling forward in terms of job growth in the United States, the August numbers released Friday were met with alarm. The numbers suggest that companies have stopped hiring and are maintaining the status quo in terms of head count. Based on this release, data equity markets sold off and gold rallied as concerns arose about the strength of the US economic recovery. Banks in particular including much maligned Bank of America were hit as a result.