The political world is buzzing over the salacious news surrounding Sen. Larry Craig of Idaho, the conservative Republican caught up in a police sting that targeted sexual activity in a men's restroom. The news endangers Craig's career, at minimum, and might conceivably threaten the GOP's grip on his Senate seat should he be ultimately be forced aside. At a time when Republican social conservatives are already dispirited by the woes of President Bush...
We are creeping closer to the point of full engagement in the 2008 presidential race--but not there yet. On the Democratic side, John Edwards and Barack Obama are gingerly ramping up their criticism of front-runner Hilllary Rodham Clinton. With the Iowa caucuses just four months away--and Clinton leading polls nationally and in early states alike--they need to.
One question about market turbulence that I'll be watching is its effect on the 2008 presidential race. It's not clear the disruptions will prove long lasting, much less lead to an economic recession. If it proves a short-term blip, the effects will be negligible.
In an exclusive interview with CNBC's Becky Quick last night in Omaha before his Barack Obama fundraiser, Warren Buffett said the current market chaos and turmoil will probably create buying opportunities for him and Berkshire Hathaway. UPDATED AT 9:45am et WITH VIDEO CLIPS OF BECKY'S SQUAWK BOX REPORTS.
A video dispatch filed from Omaha by CNBC's Becky Quick has just arrived. In it, she reports on her exclusive interview with Warren Buffett ahead of tonight's fundraiser for Barack Obama .. and we hear from Mr Buffett on the tax code and how market chaos can create opportunities.
One of the more interesting aspects of last night's Berkshire Hathaway portfolio filing is the appearance of just under 3 million shares of Dow Jones stock. We now know who sold those shares to Warren Buffett. PLUS: A preview of tonight's real-time coverage as Buffett hosts a fundraiser in Omaha for Barack Obama's presidential campaign.
In an exclusive interview on CNBC, presidential candidate Hillary Clinton outlined her plan to toughen standards for mortgage brokers and to set up a $1 billion federal fund to help homeowners avoid foreclosure.“I think a lot of the lenders have really taken advantage of what is a really tough economic situation for many Americans," Clinton told CNBC's Dylan Ratigan during the live interview.
The Bernanke Fed is being put to its first big test as Fed watchers monitor its handling of the credit drama when it releases its statement at 2:15 p.m. The Fed's one day meeting is not expected to end with any adjustment in rates, but traders are hoping for a tweaking of the Fed statement with language that will soothe some of the anxiety about mortgage and credit markets.
Mike Bloomberg is slated to meet with influential business executives Thursday to encourage them to back Democratic causes on a national and state level.
The Supreme Court said on Friday that it will hear three cases over President Donald Trump's financial records next year.
The Conservative Party will form the next U.K. government with the largest majority since Tony Blair's Labour party retained power in 2001.
Conservative Party leader Boris Johnson promised unity on Friday, shortly after securing a five-year term in office.
An estimated 71.6 million people watched the final debate between White House contenders Hillary Clinton and Donald Trump on TV on Wednesday.
Clinton and Trump agree on this issue, but they're both wrong about how to fix the problem, says Pinar Çebi Wilber.
There isn't a "chorus" behind Donald Trump's debate performance, experts told CNBC.