Discussing the pending debt deal and what it means for the markets, with Chris Cordaro, RegentAtlantic Capital, and Peter Boockvar, Miller Tabak & Company.
Vice Pres, Joe Biden says he's confident a debt limit deal will pass and says he had a "good meeting" with the democratic caucus.
CNBC's John Harwood reports the Biden talks have reached an impasse, as talks have turned towards making hard money decisions; such as tax hikes and spending.
President Barack Obama and House Speaker John Boehner will hit the golf course Saturday—for a chance to 'bond' over the links. Who do you think will win?
US lawmakers are weighing $1 trillion in deficit-cutting measures as part of a possible deal that would allow an increase in the country's borrowing authority, Vice President Joe Biden said on Tuesday.
Talks to avert a potentially catastrophic U.S. debt default resume Tuesday after signs Republicans might soften their stance over a key obstacle to a deal with Democrats, but hopes for a breakthrough remain slim.
President Barack Obama is making less money than he used to, though it's still a lot: He and wife Michelle reported income of $1.73 million last year, mostly from the books he's written, according to his just-filed tax return. That was down from the $5.5 million of a year earlier.
The results don't reflect well on the home states of these leaders, regardless of their politics.
In a magazine article, Gen. Stanley A. McChrystal, the top commander in Afghanistan, was portrayed as openly contemptuous of some senior members of the Obama administration, reports The New York Times.
Brian Kelly explains what to look for when the May employment report is released Friday.
President Barack Obama and his wife, Michelle, made $5.5 million last year, largely on sales of his books, and paid nearly $1.8 million in federal income tax, according to the tax return they released Thursday.
Happy Anniversary! Well, sort of. Even for supporters of the American Recovery and Re-investment Act, the one-year anniversary of it being signed into law might not be a time for celebration -- at least not yet.
Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the $787 billion stimulus program that Congress passed during the depths of the recession.
Touting resilience in hurting upstate New York, President Barack Obama said Monday that better economic days are coming thanks to innovation and some help from the government.
Defending a costly plan to revitalize the economy, Vice President Joe Biden on Thursday said the government's sweeping stimulus effort "is in fact working" despite steady Republican criticism and public skepticism.
The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today's bleak landscape.
The nation's hospitals will give up $155 billion in future Medicare and Medicaid payments to help defray the cost of President Barack Obama's health care plan, a concession the White House hopes will boost an overhaul effort that's hit a roadblock in Congress.
Well, the Administration can't say "give it time to work" and have some others say "we need another one before this one has had time to do its thing." Talk about creating a box needlessly. And don't you find it curious that the meat of the Stimulus package, the shovel-ready job-creation part of the deal, is due to hit just about in time for the midterm elections?
Contrary to comments made this past weekend by Vice President Joe Biden, President Barack Obama says that the administration did not misread the economic downturn.
I have long thought the oil market got ahead of itself. The recent strength in the price has been due more to the thought economic recovery was close at hand. As I have been writing, I think that the recovery will come, but not today.