How to position your portfolio if a debt deal can't be reached in Washington, with Thomas Lee, JPMorgan.
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.
“I’m receiving a lot of encouragement to do that,” the 33-year-old Andrew Ross Sorkin-lookalike Josh Mandel told me this morning. When I asked him if he was running for Senate, he said:“This is the first time in my life where I've heard from baby boomers, senior citizens and folks across the state who have told me never in their life have they been so concerned.”
Budget talks between President Obama and his GOP rivals are at a standstill, leading a top Republican to prepose giving Obama sweeping new powers to increase in the government's debt limit.
Discussing the great divide in Washington and why there isn't a grand bargain on the deficit, with Joe Watkins, MSNBC political analyst, and David Goodfriend, democratic strategist.
The CNBC news team weigh in on the debt battle in Washington and its impact on the markets.
Are hedge funds paying their fair share of taxes? One powerful senator doesn't believe they are giving Uncle Sam his fair share. John Carney, CNBC.com frames the debate.
One of the depressing things about Washington, DC—where I've been for the last two days--is how much confidence the smartest people in our nation's capital have in policy.
When it comes to resources for the physically active, not all US cities are created equal. Click to see some of the cities that are havens for physically active Americans.
Secretary of State Hillary Clinton ratcheted up pressure on the Chinese Thursday over allegations of spying on the personal email accounts of top-level US officials. The Chinese government disavowed any involvement in the latest incident and sought to cast suspicion back on Google’s motive for disclosing the alleged attack.
The top ranked city falls far short of places like Seoul, South Korea and Helsinki, Finland. But if you're looking for fast broadband domestically, here are the ten best places to find it.
Carl Levin, chairman of the Senate investigative subcommittee, said there was “real hope” law enforcement authorities would act on his panel’s report accusing Goldman Sachs of misleading investors and Congress, the FT reports.
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.
The wealth management arm of UBS hosted both former presidents George W. Bush and Bill Clinton this week at a private panel discussion at Lincoln Center in New York. But the Swiss bank is not saying how much it paid for the privilege
Newt Gingrich, the former House speaker, disclosed his intention to run for President on Twitter and Facebook Monday, urging followers to tune into Fox News on Wednesday.
Corporate America dominated Washington’s lobbying spending in the first quarter of 2011, according to a report out Tuesday from the Center for Responsive Politics.
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.