I spoke with the terribly smart, tough, fiscal conservative Sen. Tom Coburn (R-OK) about why he walked out of the "Gang of Six" bipartisan budget talks. In short, what he told me was that the "Gang of Six" budget-cutting package was simply too small.
Unemployment rates fell last month in more than three-quarters of nation's states, evidence that companies are feeling more confident in the U.S. economy.
Spain's electoral oversight body ruled that jobs protests which young people are staging across the country would be illegal over the coming election weekend, but some demonstrators said they would defy the ban.
As the economy improves, businesses large and small are going to be fighting for the best talent. Employees who have stayed loyal because of fear of making a change in dire economic times are starting to look in earnest. The best employees may even have the luxury of choosing between multiple options.
A surprise dip in April existing home sales and weak regional manufacturing data supports the bearish view that the second quarter may prove weaker than expected.
Evidence is emerging that the damage wrought by the sour economy is more widespread than just a few careers led astray or postponed. Even for college graduates — the people who were most protected from the slings and arrows of recession — the outlook is rather bleak. The New York Times reports.
In Russian, we refer to risks as "underwater stones", the dangerous rocks lurking below the water’s surface that can sink a ship – or a stock portfolio. But the reality is that these underwater stones are never far below the surface, writes Dimitri Kryukov, chief investment officer of Verno Capital.
The shadow of the Winter of Discontent is looming over the UK again. Increasing unemployment, belt-tightening in the public sector, and a harder line from unions are ringing alarm bells for businesses.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Whether it's called QE3, QE Lite or some other nickname, market pros believe Fed Chairman Ben Bernanke will make sure the central bank remains ensconced in the market until the economy gets much better.
The sight of Dominique Strauss-Kahn, managing director of the International Monetary Fund and prospective candidate for the French presidency, doing the "perp walk" was stupefying. If the charges are true, this capable man is a lunatic. But, unless the case collapses, the event will cast a long shadow, according to the FT.
High gasoline and airline ticket prices may deter some Americans, but it may may be time to break from the austerity of recent years.
Whatever the outcome of the accusations of rape made against Dominique Strauss Kahn at the weekend, Marine Le Pen leader of France’s Front National was almost certainly right when she said that it marks the end of his campaign — or pre campaign — for the French Presidency.
Earlier today, I had the pleasure of interviewing former Speaker and now House Democratic leader, Nancy Pelosi. We’ve had several interviews down through the years. And while we’ve disagreed on a number of topics, I do have enormous personal respect for her.
High commodity prices will slow U.S. economic growth and raise inflation this year, but the Federal Reserve is not expected to start increasing interest rates before the first quarter of 2012, a survey showed on Monday.
French politicians are up in arms against proposals that would force those benefiting from state aid to do community service hours, which in the country's legal system are part of a list of punishments for those condemned for crimes such as damaging goods, petty theft or insulting the police.
Emotion needs to be off the agenda this week more than most. Just why are developed country sovereign bond yields quite as low as they are, given the fiscal deficit worries in so many of them?
Decisions by politicians on how to deal with debt on both sides of the Atlantic will be crucial to prevent another Lehman-style crisis, economists and analysts told CNBC in a debate about banking in the European Union and in the US.
Sperling took all those criteria and came up with a list of the top 10 cities for young people.
The two biggest risks to the US recovery are a genuine disruption of oil supplies or inept policy from Washington, according to Jim McCaughan, the CEO of Principle Global Investors.