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Politics Barack Obama

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  • Stocks Slide Amid Bank, Auto Worries Thursday, 11 Dec 2008 | 4:44 PM ET

    Stocks closed sharply lower, led by financials after comments from JPMorgan CEO Jamie Dimon and as investors worried about the fate of the auto bailout.

  • Stocks Turn Mixed as Commodities Rise Thursday, 11 Dec 2008 | 3:44 PM ET

    Stocks turned mixed Thursday as a rise in commodities stocks offset pressure from a weak jobs report and a sharp drop in import prices.

  • Daschle: Why He's Good Choice for HHS Thursday, 11 Dec 2008 | 11:30 AM ET

    Mr. Daschle has long been involved in health care reform, even going back to the early 1990s when he played a part in Sen. Hillary Clinton's early efforts. He wrote a book on the subject: "Critical: What We Can Do About The Healthcare Crisis."

  • Futures Add to Losses on Jobs Weakness Thursday, 11 Dec 2008 | 8:51 AM ET

    Stock index futures indicated a slightly weaker open Thursday, pushed lower by further weakening in the jobs market and a sharp decrease in import prices..

  • Americans Glum on Crisis, Hopeful on Obama: Poll Wednesday, 10 Dec 2008 | 6:34 PM ET
    Barack Obama

    Americans remain downbeat about the economy, corporate America and the government's handling of the financial crisis, but optimistic about Barack Obama's ability to turn things around, according to a new NBC News/Wall Street Journal poll.

  • Time To Funnel Money For Grad School Education Wednesday, 10 Dec 2008 | 4:42 PM ET

    Maybe it's time to worry about the cost of higher education. The number of students taking the Graduate Record Examination or GRE, the test that's required for most grad school programs, will decline in 2008 according to Inside Higher Ed. Apparently this is the first time that's ever happened during an economic downturn.

  • Busch: Fed's Reach Into Private Sector Has Limits Wednesday, 10 Dec 2008 | 9:50 AM ET
    Andrew Busch

    At the minimum, government is inefficient in allocating resources. At the worst, they allocate resources based on political favors and based on enacting social policy. This is why the letter by Fed Chairman Ben Bernanke is a step in the right direction.

  • The Fast Money Four take a look at Electronic Arts in afterhours trading, the Apple rumor of iPhones being sold at Wal-Mart and the effect of President-elect Barack Obama's infrastructure plans on tech stocks.

  • Does coal work as an investment during a Barack Obama administration?

  • Illinois Lawmakers Want Special US Senate Election Tuesday, 9 Dec 2008 | 5:51 PM ET

    The heads of the Illinois state legislature said on Tuesday they will call the General Assembly into session to pass legislation on a special election to fill the U.S. Senate seat vacated by President-elect Barack Obama.

  • Illinois Governor Tried to Sell Senate Seat: Feds Tuesday, 9 Dec 2008 | 5:32 PM ET
    Rod Blagojevich

    Illinois Gov. Rod Blagojevich was arrested on criminal charges on Tuesday, including trying to sell the U.S. Senate seat being vacated by fellow Democrat President-elect Barack Obama, federal prosecutors said.

  • Dow Sheds 2.7% as More Firms Cut Outlooks Tuesday, 9 Dec 2008 | 4:28 PM ET

    Stocks declined Tuesday as more layoffs and lowered outlooks zapped the momentum out of the recent rally.

  • money_in_briefcase.jpg

    Obviously what Governor Blagojevich did in Illinois is a crime, but let’s just take a step back and think about what you want in a politician who’s supposed to represent you. If Blagojevich had succeeded in his plan to auction off Illinois’ vacant Senate seat to the highest bidder, who would have won? The person who out-bribed the competition.

  • Stocks Turn Mixed as Techs Tick Higher Tuesday, 9 Dec 2008 | 1:25 PM ET

    Stocks moved off their lows and turned mixed, helped by a smaller-than-expected decline in October pending-homes sales and a rally in big-cap tech shares

  • Stocks Move Off Lows And Turn Mixed Tuesday, 9 Dec 2008 | 10:13 AM ET

    Stocks moved off their lows and turned mixed, helped by a smaller-than-expected decline in October pending-homes sales and a rally in big-cap tech shares

  • Busch: Blaming Banks Wrong Way To Go Tuesday, 9 Dec 2008 | 9:57 AM ET
    Andrew Busch

    With the economy in a recession and massive jobs cuts seemingly announced daily, the public and government officials are searching for answers. Unfortunately, they are also looking to assess blame for the mess.

  • Stocks to Ease after Rally; FedEx Plunges Tuesday, 9 Dec 2008 | 7:52 AM ET

    U.S. stock index futures indicated a slightly weaker open Tuesday, following a strong rally in the previous session on the back of fresh economic stimulus proposals.

  • All Up From Here? Monday, 8 Dec 2008 | 7:15 PM ET

    Not quite, Cramer says. Here's your guide to trading this market.

  • Rep. Barney Frank discusses the auto bailout issue, while New York Attorney General Andrew Cuomo says a $10 million bonus for Merrill Lynch's John Thain is unjustified. Following are today's top videos:

  • Dow Gains 3.5% but Ends Below 9,000 Monday, 8 Dec 2008 | 5:09 PM ET

    Stocks advanced Monday, but ended off session highs, as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.