CNBC's John Harwood with a look at JP Morgan Chase CEO Jamie Dimon and today's speech at the US Chamber of Commerce event, where he criticized the extent of Dodd-Frank regulation and the possibility the U.S. may default on its debt by not raising the debt limit.
General Electric, the nation’s largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.
When a senator leaves office, the lobbyists who once worked on their staffs lose about a quarter of their income, according to anew study from three economists at the London School of Economics.
Shortly after 4 o'clock this morning, a small group of staffers at the U.S. Treasury trooped down a winding staircase into the basement of the building, entering a secure facility called the Markets Room, where the Treasury Department monitors global market conditions on a minute-by-minute basis.
When it comes to retirement, Americans have high anxiety. And the three-lane highway of Social Security, retirement savings, and a traditional pension is full of potholes.
It’s time for a little history lesson, boys and girls. I'm feeling inspired by my recent trip to the nation's capital, so the subject of the day is: the federal budget.