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Top News & Analysis Washington


  • Rep. Boehner One-On-One Thursday, 15 Sep 2011 | 3:45 PM ET
    Rep. Boehner One-On-One

    I think there are parts of the President's jobs plan where we can find some common ground, say House majority leader, John Boehner, discussing the similarities and differences in his plan to put Americans back to work and the White House plan.

  • capitol_building_3_200.jpg

    Over the summer, we witnessed the ugliness and partisan-nature of politics as the debt ceiling debacle took place. The nation's balance sheet needs to be fixed.

  • US Economy Goes From Bad to Worse: Economist Wednesday, 14 Sep 2011 | 7:04 AM ET
    Recession-themed newsprint cuttings

    The US economy is going from bad to worse and will not fully recover until structural problems caused by the collapse of the housing market and the financial crisis are resolved, according to Capital Economics.

  • 10 Highly Paid Rookies Tuesday, 13 Sep 2011 | 3:57 PM ET
    For many people, a first job is an entry-level position whose greatest form of payment is experience. People taking these jobs have to slowly climb the ladder and prove themselves before they can earn better money. They have to pay their dues.For professional athletes, there is no entry-level job--they’re put on the field on day one and expected to deliver the goods. Rookie athletes are well-compensated for this, and for many sports fans, the players’ salaries and contracts are almost as fascina

    Check out our list of rookie athletes who received huge paydays to play for major league teams!

  • The King Dollar Frontrunners Tuesday, 13 Sep 2011 | 11:47 AM ET
    GOP Presidential Candidates Participate In Debate In Tampa

    Watching the two GOP frontrunners in last night’s debate — Mitt Romney and Rick Perry — a couple of policy points jumped out at me.

  • The Richest Members of the US Congress 2011 Tuesday, 13 Sep 2011 | 11:31 AM ET
    Recently, the Capitol Hill publication analyzed the financial assets of U.S. lawmakers, contained in mandatory annual disclosures, to determine the members of the US Congress that have the highest approximate net worth. Although these Congressional disclosures are not exact — they are displayed in a range of estimated value over broad categories — Roll Call, a Capitol Hill news and information provider, analyzed the assets and liabilities of every US representative and senator to come up with th

    Which members of the US Congress have the highest approximate net worth. Check out the list.

  • Obama to Send Jobs Plan to Congress Monday Sunday, 11 Sep 2011 | 8:50 PM ET
    President Barack Obama

    Barack Obama will try to keep steady pressure on Republicans on Monday when he announces that his $450 billion jobs plan is ready to be taken up by Congress, reiterating his call for lawmakers to quickly pass the bill. The FT reports.

  • Obama Sells Jobs Friday, 9 Sep 2011 | 4:40 PM ET
    Obama Sells Jobs

    One day after revealing his jobs package, President Obama has hit the road urging voters to do whatever it takes to make lawmakers pass his bill. Also, discussing whether the President can strike a compromise with Republicans, with Jacob Lew, White House Director of the Office of Management & Budget.

  • U.S. President Barack Obama, flanked by Vice President Joe Biden and Speaker of the House John Boehner, addressed both houses of the U.S. legislature to highlight his plan to create jobs for millions of out of work Americans on September 8, 2011 in Washington, DC.

    “We should pass this jobs plan right away,” said President Barack Obama as he addressed America and Congress, calling for an end to the political circus in Washington and action that would “actually help the economy.” With those words, the president threw down the gauntlet to his Republican opponents with a $447 billion dollar stimulus package aimed at boosting jobs before America goes to the polls late next year.

  • Previewing President Obama's Jobs Plan Thursday, 8 Sep 2011 | 4:37 PM ET
    Previewing President Obama's Jobs Plan

    Democrats are asking President Obama to be tough in his jobs speech tonight. Discussing the President's plan, with Senator Robert Menendez (D-NJ) and CNBC's Maria Bartiromo.

  • Economic Ills Not Temporary; Fed Will Help: Bernanke Thursday, 8 Sep 2011 | 1:42 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Federal Reserve Chairman Ben Bernanke reiterated the central bank's commitment to providing stimulus for the wobbly US economy but offered no specific promises or details about what action could be taken.

  • US Postal Service May Dodge Insolvency—For Now Wednesday, 7 Sep 2011 | 10:36 AM ET
    Postal worker

    The White House may pull the Postal Service back from the brink of insolvency, at least for a few months. The Postal Service faces a $5.5 billion payment to the Treasury at the end of September.

  • Johnson: All Job Growth is Local Wednesday, 7 Sep 2011 | 9:47 AM ET

    It would appear that capitalism has a developed a terrible dependency issue, turning hostile and violent when there’s nothing left in the punch bowl. Unfortunately, new fears of a double dip recession have emerged, the caked residue of weak economic growth and a soft job market. On the heels of a 30-year spending spree and the party of our lifetime, we find ourselves searching for our equilibrium once again.

  • Obama Must Stick or Twist on Jobs and Growth Wednesday, 7 Sep 2011 | 4:24 AM ET
    President Barack Obama

    With his approval ratings on the floor, President Barack Obama will on Thursday unveil an eagerly awaited speech on job creation that will define the 2012 battle for the White House.

  • Henes: Top 5 Economic Questions for the Fall Tuesday, 6 Sep 2011 | 12:57 PM ET
    Construction Highway

    As fall begins, the economy is a mess. Unemployment is at 9.1 percent. The U.S. economy failed to add jobs in August. Consumer confidence is at record lows. The housing market is in despair. Europe is imploding. And, our political leaders cannot seem to put their differences aside to create some certainty and progress.

  • Recession-themed newsprint cuttings

    Friday’s disappointing US non-farm payrolls data showed no jobs where created in the US in August sending stocks sharply lower as fears over a recession intensified.

  • need_job_200.jpg

    After trickling forward in terms of job growth in the United States, the August numbers released Friday were met with alarm. The numbers suggest that companies have stopped hiring and are maintaining the status quo in terms of head count. Based on this release, data equity markets sold off and gold rallied as concerns arose about the strength of the US economic recovery. Banks in particular including much maligned Bank of America were hit as a result.

  • A Real Recipe for US Job Recovery Thursday, 1 Sep 2011 | 1:40 PM ET
    President Barack Obama speaking on downgrade

    I’ve got a few thoughts on this so-called Obama jobs plan, scheduled for release next week. For starters, let’s be clear: Government doesn’t create jobs. It’s the private sector that creates jobs. And that’s precisely what President Obama has been missing for nearly three years now.

  • Analysts Weigh In on Bill Gross 'Mistake' on Bonds Tuesday, 30 Aug 2011 | 11:02 AM ET

    Pimco's manager in charge of the world's largest bond fund, Bill Gross, may have made a mistake when betting against US bond prices earlier this year, but the economy has deteriorated faster than anyone had appreciated, analysts told CNBC Tuesday.

  • Central Banks Cannot Go Bust—But Can Cause Trouble Monday, 29 Aug 2011 | 5:16 AM ET
    Financial Crisis

    With speculation growing that the Fed could pull the trigger on QE3 next month and the ECB buying up bonds in the euro zone, analysts at ING in Amsterdam have been asking if it is possible for a central bank to go bust.