Eswar Prasad, senior professor of Trade Policy at Cornell University, discusses the significance of a further delay in the already prolonged negotiations for the Trans-Pacific Partnership (TPP).» Read More
Lawmakers in Washington are racing to reach a deal to save the country from defaulting on its debt, but on Wall Street, financial players are devising doomsday plans in case the clock runs out. The New York Times reports.
Today marks one year since the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law. One year since Rep. Barney Frank and former Senator Chris Dodd chose to ignore our concerns that this bill would stifle the recovery, harm job creation and crush Main Street America.
All eyes are turned towards the clock as the August 2 deadline for the US debt talks approaches. Treasurys investors could stand to benefit if Congress cannot agree to raise the debt ceiling.
The Canadian dollar often rises when risk appetites are high - but this strategist says it's a safe haven against the messes in the U.S. and Europe.
Bulls are running in Europe and kiwis are lifting off - time for your FX Fix.
Defying a veto threat, the Republican-controlled House voted Tuesday night to slice federal spending by $6 trillion and require a constitutional balanced budget amendment to be sent to the states in exchange for averting a threatened Aug. 2 government default.
CNBC's John Harwood has the story on Tim Pawlenty's campaign for the 2012 election.
Two weeks before their final deadline, President Barack Obama and top lawmakers will face more pressure Tuesday for a debt deal amid a growing sense that a last-ditch plan taking shape in Congress may be the only way to avoid a devastating U.S. default.
As gold prices continue to break new record highs, analysts are reviewing their targets with many predicting further gains. But not everyone’s bullish on the precious metal.
Last Wednesday, I recommended selling the euro against the dollar because the bad news in Europe was far from over. Here's an update.
We made a joke about the need for a strategic bacon reserve in the US, but guess what? It's no joke in China. The Chinese have a four-month pork stockpile for just such a crisis—and they're about to unleash the hogs.
The heat is on up north, with Canada's economy significantly healthier than that of the U.S. Here's how to trade ahead of the upcoming Bank of Canada meeting.
As a Republican, I respect the concept of fiscal conservatism. However, fiscal conservatism must not be embraced at the expense of fiscal pragmatism.
Treasury Secretary Tim Geithner told CNBC Monday that he is certain that congressional leaders will strike a deal to raise the federal debt ceiling prior to the Aug. 2 deadline to avoid default.
US banks should be allowed to take a hit from risky investments if the free market is to be preserved, Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC Monday.
Ratings agencies. Can't live with 'em, can't live without 'em, these pros say.
Bank stress tests are straining the euro and the dollar is awaiting a deluge - it's time for your FX Fix.
A U.S. default isn't a matter of "if" but "when," David Murrin, chief investment officer at Emergent Asset Management, told CNBC.
You wouldn't believe the wild stunts some people will pull to get a job. One unemployed man is willing to die to get a job ... sort of. "This is a real every man for himself type economy right now," he said. Click through to read his life-or-death offer.
Bernanke is open to a third round of easing if needed - but these strategists are bullish on the dollar anyway.