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Jack Welch: How I’d Fix The Economy »

Saying President Obama has "shown no ability to lead," former General Electric chairman Jack Welch gave CNBC his own three-part prescription Thursday for improving the U.S. economy. Start with cutting 25 percent of current discretionary spending and 5 percent of military spending, which would save about $1.3 trillion over 10 years, Welch said....

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$250,000 Per Job »

Barack Obama's jobs plan may be one of the worst policy proposals I've ever seen. As I pointed out last week, the plan to "pay for" the jobs proposal with tax hikes is just lunacy. It eliminates...

Implement VAT, Cut All »

A value-added tax (VAT) that would come with the elimination of corporate and individual income taxes is the best way to get jobs rolling in the U.S., investor Wilbur Ross said. While the plan...

Bank Rules »

New international bank capital rules are “anti-American” and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has...

Jobs »

Jobs creation remains weak, because temporary tax cuts, stimulus spending, large federal deficits, expensive and ineffective business regulations, and increased health care mandates and costs do not...

Stop Trying »

We have tried bailouts, drawing applause from Buffett, whose company owns a 6.67 percent stake in Wells Fargo & Co. We have tried federal stimulus spending, which yielded little more than a sugar...

Size of Gold »

The price of gold hit a fresh all time high of $1,900 an ounce on Tuesday as investors continued to fret over the sovereign debt crisis in the euro zone and its impact on the global banking...

Investors Who Held On »

Past performance is no guarantee of future results, as the saying goes. But a new Fidelity Investments analysis of what’s happened to retirement investors’ portfolios since the 2008-2009 market...

QE3 Is Coming, But »

Now that the U.S. debt deal has come and gone, the focus has turned back to the American and global economies. The picture does not look pretty, and markets have taken notice. Stock indexes...

Down to the Wire by »

Here are the ingredients in the plot:  A problem everyone’s aware of.  If it isn’t resolved, a shutdown with unspecified but possibly disastrous consequences.  A deadline which seems...

PIMCO’s Gross Says »

PIMCO's Bill Gross is underwhelmed by the deal hammered out in Washington to cut government spending and raise the borrowing capacity of the United States, saying it does not make a "significant...

ISM Manufacturing index »

PMI was at 50.9% in July, down from 55.3% in June.  The employment index was at 53.5%, down from 59.9% and new orders decreased to 49.2%, down from 51.6%. From the Institute for Supply...

Housing: The Missing »

From Alejandro Lazo at the LA Times: Homeowners who want to trade up are stuck waiting Although there is no way to precisely to track move-up buyers, such shoppers often are looking in the...

How the Debt Crisis »

Everyone is upset about the debt crisis and how the government is  handling it. And we all should be. But at some point, we need to stop  being mad and start looking for the positives that could...

Companies Sitting On »

Hidden within this Washington Post article is a warning to “Corporate America”: Obama is probably going to be coming after you in short order   Corporate America is hoarding a massive...