Budget Battles
-
‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
-
Senate Advances $95 Billion Foreign Aid Package
-
GOP Infighting Continues as Senate Heads for Aid Vote
-
News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
-
Dems Help Save Johnson's Aid Package for Israel, Ukraine
-
Johnson Rejects a Plan to Save His Speakership
-
Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
-
Bannon Is Out, but Economic Nationalism Still Thrives at the White House
By Linette Lopez, Business InsiderJust because Steve Bannon is out of the White House, doesn't mean that his ideas are gone — especially when it comes to economics.
-
More Good News on Jobs Gives the Fed a Green Light to Start Unwinding
By Lucia Mutikani, ReutersThe number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay...
-
The Walls Are Closing In as Allies Abandon Trump
By Rob GarverThings have looked grim for Donald Trump’s future more than once in his relatively brief career as a politician. But on Wednesday, the cracks in the edifice of his public standing were really...
-
Household Debt in the US Just Hit an All-Time High
By Jonathan Spicer, ReutersAmericans' debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card...
-
Trump Is Headed for a Collision With the Auto Industry as NAFTA Talks Loom
By David Lawder, ReutersThe Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with...
-
Here’s Why Trump Deserves Credit for the Stock Market Surge
By Liz PeekAs of Tuesday, the Dow Jones Industrial Average had scored record highs for nine days in a row; the gains are driving anti-Trumpers crazy. Though the president’s boasts are not always accurate,...
-
Are You Rich? Tax Reform May Answer That Question for You
By YLAN Q. MUI, CNBCWhether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree that...
-
A New Report Shows Why The 10-Year Jobs Crisis Is Effectively Over
A new report by the Hamilton Project at the Brookings Institution has good news: "With [yesterday's] employment report, we can report that the national jobs gap relative to November 2007 has closed (...
-
Is Wage Growth Finally Coming for American Workers?
By Jeff Cox, CNBCWage growth has been the missing link throughout a period that has produced more than 18.5 million new jobs, including 209,000 in July. But Amy Glaser, who helps run Adecco Staffing, believes the...
-
Trump May Be in a Legislative Slump, but His Energy Agenda Is Getting Lots of Hits
By Tom DiChristopher, CNBCPresident Donald Trump may be fuming over Republicans' failure to repeal and replace Obamacare, but he can certainly take solace in the GOP's swift overhaul of the Obama administration's energy and...
-
Prices for America's Top-Selling Drugs Have All Soared Since 2011
By CAROLINE HUMER, ReutersMajor drug companies took hefty price increases in the U.S., in some cases more than doubling listed charges, for widely used medications over the past five years, a Reuters analysis of proprietary...
-
The End of the Jobs Crisis May Finally Be in Sight
By Rob GarverIn another of the sort of good news/bad news jobs reports that the US economy has been getting used to in the past year, 215,000 new jobs were created in the month of March, according to the...
-
The One Data Point That Could Determine Whether This Rally Lasts
Wall Street, for all its complexities, has been reduced to drooling, Pavlovian puppy dogs when Federal Reserve Chair Janet Yellen takes the microphone, as she did earlier this week. The Dow Jones...
-
How the 2016 Election Could Rock the Stock Market
By Leanne Miller, CNBCInvestors currently seem to be ignoring the horse race for the White House, but markets will soon pay rapt attention to the 2016 presidential race, according to one economist. "Four of the five...
-
The U.S. Economy Has Stalled, Again
While the stock market is back near three-year highs and job growth remains strong, U.S. economic growth has hit the skids once more. On Monday, in response to tepid personal spending data, the...