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Top News & Analysis United States


  • US Banks Tally Their Exposure to Europe’s Debt Monday, 30 Jan 2012 | 5:17 AM ET

    With the European financial crisis still threatening a trail of defaults, United States banks are betting that their insurance is going to pay out, the New York Times reports.

  • Palace of the Republican Guard

    The Pentagon doesn’t know what happened to more than $100 million in cash held at Saddam Hussein’s palace in Baghdad during the Iraq war, according to a new report by the Special Inspector General for Iraq Reconstruction.

  • Is Your 'Financial Personality' Affecting Your Wealth? Friday, 27 Jan 2012 | 12:29 PM ET

    There are five "financial personality" types, according to one survey. Which one are you? And is it affecting your wealth and retirement?

  • Greenspan: Battle for Capitalism 'Far From Won' Thursday, 26 Jan 2012 | 4:53 AM ET
    Alan Greenspan

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  • Rising Optimism About Economy Gives Obama a Boost: Poll Wednesday, 25 Jan 2012 | 6:30 PM ET
    President Barack Obama delivers his State of the Union speech.

    Rising optimism about the economy has slightly boosted President Obama’s prospects, according to the latest NBC News/WSJ poll.

  • The Man-cession and the He-covery Wednesday, 25 Jan 2012 | 2:31 PM ET

    During the height of the recent financial crisis, a new term entered the lexicon of pop economists and established number-crunchers alike --- “man-cession.” This term refers to the loss of jobs among men, which occurred at a higher rate than it did among their female counterparts. However, things finally seem to be turning around.

  • Private Equity Gets a Bad Rap: Silver Lake Co-Founder Wednesday, 25 Jan 2012 | 11:26 AM ET

    Although private equity is part of the larger capital markets that have driven growth and job creation in America, Glenn Hutchins, Silver Lake co-founder and co-CEO, tells  CNBC that private equity gets a bad rap.

  • Printing Money to Lead to 'Uglier' End-Game: Rogoff Wednesday, 25 Jan 2012 | 8:27 AM ET

    The euro zone is nowhere near finding a solution to the debt crisis plaguing it and needs deep restructuring as well as a new constitution as part of an effective long-term remedy as printing money will not solve its problems, Kenneth Rogoff, Professor at Harvard University told CNBC on Wednesday.

  • Iran: Closing Hormuz Strait to Deal With EU's Embargo? Tuesday, 24 Jan 2012 | 12:00 PM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    Iranian authorities have reacted to the decision by the European Union on an embargo by calling for an immediate halt to oil sales to the continent. In a statement on its website, the Iranian Oil Ministry described the European Union’s decision as “hasty” and “a political game”.

  • Euro Crisis in 'Perilous New Phase': IMF Tuesday, 24 Jan 2012 | 10:00 AM ET

    The International Monetary Fund on Tuesday lowered its forecasts for global growth, saying it sees global activity decelerating but not collapsing, with most advanced economies falling back into recession and developing economies slowing from a high pace of growth.

  • Forecasters See Small Pickup in Growth for 2012 Monday, 23 Jan 2012 | 5:44 AM ET

    A new economic forecast calls for the U.S. economy to make some modest growth strides this year, but not quite enough to significantly reduce the number of jobless Americans looking for work.

  • Email FAIL: What You're Doing Wrong in Your Inbox Friday, 20 Jan 2012 | 1:06 PM ET

    How many emails are in your inbox? Are you really as efficient as you could be? Well get ready, get excited — it's national clean out your inbox week! Here are some tips to help you get it together.

  • Iran Shuts Down Shops Selling Barbie Dolls: Report Friday, 20 Jan 2012 | 5:50 AM ET

    An Iranian news agency is reporting police have closed down dozens of toy shop for selling Barbie dolls. The stated aim is to fight Western cultural influence.

  • US Debt Reduction Has a Long Way to Go Friday, 20 Jan 2012 | 2:12 AM ET
    Credit Cards

    A couple of years ago, the words “American consumer” cast a shadow over global markets. No wonder. Back in the days of the credit bubble, American consumer borrowing helped to create a crazy debt binge, the Financial Times reports.

  • Marc Faber: Relax, Stocks Will Not Collapse Thursday, 19 Jan 2012 | 10:49 AM ET
    Dr. Marc Faber

    Stock markets have already discounted “some very bad news” and there is no reason to fear stocks will sink, despite gloomy prospects for the global economy, Marc Faber, publisher and editor of the Gloom Boom & Doom Report, told CNBC on Thursday.

  • 'California Is On the Mend': Governor Jerry Brown Wednesday, 18 Jan 2012 | 5:32 PM ET
    California Attorney General and democratic candidate for governor Jerry Brown.

    California governor Jerry Brown said Wednesday in his 'State of the State' speech: "tax revenues are increasing and the state deficit has been reduced significantly, though a 9 billion hole remains," before  asking voters to approve tax hikes.

  • What to Do When Your Kid Asks for More Money Wednesday, 18 Jan 2012 | 1:35 PM ET

    What do you do when your kid asks for a raise in allowance — Do you give it to the child or say "Scram, kid!"? Here's what the pros say.

  • In Silicon Valley, The Ripe Scent of New Money Monday, 16 Jan 2012 | 5:37 AM ET
    Map of Silicon Valley

    The start-up boom means there are more freshly minted millionaires looking to manage their wealth. And Wall Street firms are happy to help, for a fee. The New York times reports.

  • Iran Studying 'Hormuz Letter,' Warns Gulf Producers Monday, 16 Jan 2012 | 4:46 AM ET
    Straight of Hormuz map

    The Iranian Foreign Ministry has confirmed it has received a letter from the United States concerning the Strait of Hormuz, “via three different channels.” Authorities were considering whether to reply, although the contents of the letter were not divulged.

  • The Most Outrageous Excuses for Being Late to Work Friday, 13 Jan 2012 | 3:48 PM ET

    There are 1,001 reasons why people are late to work. CareerBuilder has compiled the most popular excuses and the most outrageous — including "my cat had the hiccups" and "I got distracted watching the 'Today Show.' Click ahead for the full list.