President Obama says the world needs to tackle climate change now, as it's something that affects everything.» Read More
Global stocks rose Wednesday after Wall Street's overnight rally spurred by Federal Reserve Chairman Ben Bernanke's reassuring comments on the financial industry. Bernanke said the government did not have plans to nationalize major banks at this stage.
Executives of the biggest oil companies are taking their case for expanded offshore drilling to Congress, even as Democratic congressional leaders and the Obama administration promise to put some limits on energy development along the nation's coasts.
Obama spoke of many things in his Financial State of the Union. But the underlying tone was one steeped in one basic theme: accountability. For his administration, for you and me, and for the scoundrel corporate leaders everyone loves to hate nowadays. He said over and over again that the party is over, the fantasy dead. We have to be accountable for our actions.
Plus, Cramer's plan for Obama and the conundrum of preferred shares.
The president needs to address a few key issues in his speech to Congress Tuesday night, Cramer says, to help the markets get back on their feet.
"We have enough bad news out there. We need the positives," says one market pro about Obama's speech to Congress Tuesday night.
Now is not the time to push through narrow, costly special interest projects which at best don’t create jobs and at worst will cost them, says Bill Miller the National Political Director at the U.S. Chamber of Commerce.
We on Power Lunch were all transfixed during Sen. Corker’s questioning of Federal Reserve Chief Ben Bernanke Tuesday.
What follows below is the transcript of my interview with Canadian Prime Minister Stephen Harper on last night's show. Mr. Harper is a trained economist and quite an impressive statesman. Our northern neighbors are lucky to have him at the helm. We covered a wide range of key topics including the ailing banking system, risks of protectionism, oil sands and autos.
I reported, you voted, and the overwhelming winner of last week's "Call of Shame" is the SEC. You also emailed.
Fed Chief Ben Bernanke used an analogy to justify President Obama’s housing plan even if it does promote “moral hazard” and reward people for poor behavior. He compared it to a neighbor who’s house is on fire because he was smoking in bed.
Anybody out there got the super-secret e-mail address for President Obama, the Blackberry addict? How about a cell-phone number for Treasury Secretary Timothy Geithner?
Stocks fell off their highs of the morning while Treasuries and the dollar rallied following a horrendous consumer confidence report and downbeat comments by Fed Chairman Ben Bernanke.
As President Barack Obama prepares to outline his agenda to the nation on Tuesday, political and market insiders discuss what he is likely to say.
Barreling ahead on a mammoth agenda, President Barack Obama is ready to offer a detailed sketch of the first year of his presidency, casting the nation's bleeding economy as a tangle of tough, neglected problems.
float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/bush_andy.jpg110010000truehttp://msnbcmedia.msn.comAndrew Buschfalse1Pfalsefalsefalsefalse left/CNBC/Components/Images/spacer.gif157000lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalsefalsefalse Andrew BuschGlobal Finance Strategist BMO Financial Group There seems to be a lack of perspective to create a comprehensive vision of where we will end up from these decisions and if this destination is where we want to go, says Andrew Busch.
While off the highs of the morning, futures are still indicating a slightly higher open ahead of Fed Chairman Ben Bernanke’s semi-annual testimony in front of the Senate Banking Committee.
float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg110010000truehttp://msnbcmedia.msn.comfalse1Pfalsefalse left/CNBC/Components/Images/spacer.gif1107500lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalse Tony FrattoFormer White House SpokesmanSecretary Clinton's unfortunate foray into economic policy in Beijing last week only served to highlight the weakness of her approach.
Safe haven plays like gold and the dollar were down again Tuesday, despite the fall in global stocks, as concerns grew about the financial system, scaring investors off. Experts expect the precious metal's rally to continue past the record $1,030.80 it hit last March.
Global stocks were down Tuesday on heightened fears over the stability of the financial industry. Wall Street sank to an 11-year low overnight on reports the government may take a 40 percent stake in Citigroup.