The Simpson-Bowles personal profit tour reveals that for them, for their creation -- the speciously labeled Campaign to Fix the Debt -- and for the CEOs, right-wing groups and Republicans rallying round them, the effort has nothing to do with deficits or fixing anything.
Great news, everybody, we can stop freaking out about Google's disastrous earnings release today, because Donald Trump has the solution. As usual.
Do I trust that the majority of Americans carefully listened to what was said, rather than how it was delivered? Sadly, I don't, and have to hope that the president is holding his best for the next two debates.
Arianna, along with Aspen Institute President and CEO Walter Isaacson, appeared Thursday morning on CNBC's "Squawk Box" to discuss the issue of job cr...
Arianna joined Ken Duberstein, a former White House chief of staff under Ronald Reagan, to discuss Mitt Romney's debate performance on CNBC Thursday m...
Anyone obsessively following the commentary of financial news on cable news networks or the Wall Street Journal -- all based in New York City -- would be struck by the almost unrelenting pessimism that characterizes their editorializing and "straight" reporting, on the actions of the Fed and the ECB.
It must be nice to live in CNBC's world, the best of all possible worlds, where the glasses are always half-full and the rich get richer but the poor don't get poorer.
Our shows document the stories of fraudsters at large, on the run, who have evaded the authorities. There is a reward offered for information leading to their arrest and conviction. Hopefully, we will be able to apprehend one of them as the result of exposing them.
Stocks are sharply higher thanks mainly to comments by Boston Fed President Eric Rosengren.
those attending presumably assumed they were there to learn from real "alpha" experts, which is a fancy term describing the value added by a fund manager over its designated benchmark. They must have been disappointed.
While the repeal of Glass-Steagall was certainly a part of making our system fragile to the point where it is at today, thinking that a simple solution like breaking up the banks will be the panacea that we seek is incredibly naïve.
The stock market is so angry at President Obama that it is going to rally hard ahead of his election. That seems to be the tortured logic of Wall Street.
We're screwed. That's as good a place to start this post as any. Congress and the Administration have been co-opted -- bought and paid for. Financial regulation is a joke and fraud is a business model and seen as standard operating procedure.
It's a shame that so many TV hosts have all but given up on the appearance of balanced market reporting. While the truth will emerge over time, it would be wise to recognize pessimistic opinions are no more reliable than optimistic ones.
Romney is identified hand and fist with Wall Street's interests. Yet it is still early in the campaign. It would be a coup were his campaign to look to that singular personage in government who fought tooth and nail for the interests of everyday America.
In order to understand Romney's reliance on his Bain Capital experience, one must also gain an understanding about how private equity works, the prevailing general ignorance about which has, thus far, benefitted the Romney campaign.