Christie lets Fed off the hook for inflation, blames Trump and Biden
Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over the past year — but that's no thanks to President , according to Republican presidential candidate Chris Chr...
2023-09-06 14:11:53
How Wall Street trades student loans
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2023-09-04 17:22:21
Why student loans may be the next bubble
The U.S. has amassed more than in outstanding student debt, according to the Federal Reserve Bank of St. Louis. Billions of dollars worth of student loans are packed and sold as assets known as student loan asset-backed securities to some o...
2023-09-04 17:22:14
Biden admin proposes regulation to eliminate 'gun show loophole'
WASHINGTON — The Biden administration announced Thursday that it is proposing a rule to eliminate the so-called gun show loophole — one of the biggest attempts to regulate the sale of firearms in years. The administration said that new...
2023-09-04 17:22:08
Joseph Stiglitz says the Fed 'didn't do their homework' on inflation
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2023-09-04 17:22:02
'Bad economics': Stiglitz explains how the Fed went wrong on inflation
The "didn't do their homework" and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph Stiglitz. U.S. inflation started to gain pace in early 2...
2023-09-04 17:21:56
How to invest in real estate without buying a home
In this video Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services. © 2023 CNBC LLC. A...
2023-09-04 17:21:50
How Wall Street's REIT giants are reshaping U.S. real estate
In this article U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR's real estate business is one of the big players in th...
2023-09-04 17:21:44
Judge withdraws from Medicare drug price case after stock ownership is revealed
A federal judge on Friday withdrew from a case that could block Medicare from negotiating over drug prices, just hours after a watchdog group revealed his ownership of stock in two pharmaceutical companies that would be directly impacted by...
2023-09-04 17:21:37
New Zealand's opposition leads in polls, vows to shake up central bank
New Zealand's central bank could have its policy goals narrowed significantly and be subject to an external review if the center-right National Party opposition wins election this year, as political scrutiny of the bank intensifies....
2023-08-30 22:04:27
Hurricane Idalia: Biden signs state of emergency in Florida
WASHINGTON — President Joe Biden approved an emergency declaration for Florida as approaches and strengthens. Idalia is projected to grow to a Category 3 hurricane as it approaches the Florida coast, Florida Gov. Ron DeSantis said, bringi...
2023-08-30 22:04:21
Kamala Harris touts strength of labor unions to build the middle class
WASHINGTON — boost pay 10% to 15% for members and improve fringe benefits, bolstering the middle class and economy, a U.S. Department of the Treasury report released Monday said. "Union workers make our middle class and our entire economy...
2023-08-30 22:04:15
AmCham China president discusses Gina Raimondo's China visit
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2023-08-30 22:04:09
Former White House economic advisor says more Fed hiking is coming
WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again amid rising inflation numbers and energy prices. "The hiking is coming again," Kevin Hassett, former chairman of the...
2023-08-30 22:04:03
Medicare pricing deal to play key role in Biden 2024 campaign pitch
WASHINGTON — President Joe Biden is placing a priority on reducing individual health-care costs as he seeks reelection in a country where medical spending accounts for of the nation's gross domestic product, according to the Centers for M...
2023-08-30 22:03:57