Politics Barack Obama


  • Credit Card swipe

    The credit-card overhaul that President Obama will sign into law Friday is expected to trigger a broad restructuring of how credit cards are priced, managed and marketed.

  • Who said most defense stocks don’t work under this president? Well, Cramer did, but this company has proved him wrong.

  • The credit card reform bill, which passed through Congress Wednesday and is expected to be signed into law by President Barack Obama Friday, will serve as a "warning light" to credit card companies that they can no longer take advantage of consumers, Rep. Paul Kanjorski, D—Pa., said.

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    How do you define "free market". Yesterday, I argued the "free market" should determine if cars and trucks are powered by diesel fuel or by the conventional gasoline most vehicles currently use. This baffled some of you.

  • When President Obama announced his deal to rescue Chrysler, he bludgeoned hedge funds holding senior Chrysler debt as mere "speculators" seeking a government "bailout." Within weeks, the hedge funds buckled under the withering attack from the White House bully pulpit and threw in the towel, writes Tony Fratto former Deputy Assistant to the President and Deputy Press Secretary for the Bush Administration.

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    The head of the Securities and Exchange Commission is objecting to a plan being considered by the Obama administration to create a new financial watchdog to protect consumers.

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    The bill is expected to be  signed into law by the President in the next few days.

  • Stocks are off their highs but a global commodity rally sucks in more buyers on weaker dollar, China stimulus, less fear; S&P 500 approaches May highs.

  • Trulia

    We all know that the biggest barrier to meaningful recovery in the housing market is the glut of foreclosed inventory on the markets. So finally some good news. A new survey from online real estate sale sites Trulia.com and RealtyTrac.com shows increased buyer interest in foreclosed properties.

  • President Barack Obama

    Over the last two days, as I've blogged about new fuel efficiency rules President Obama laid out at the White House, I've been struck by the opposition to these changes.

  • A panel of President Barack Obama's economic advisors stepped into the public view on Wednesday at a meeting to discuss energy issues and job creation.

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    The Obama administration, trying to crack down on abuses exposed by the financial crisis, is considering creation of a regulatory commission to protect consumers of financial products such as credit cards and mortgages, according to administration and industry officials.

  • Credit card legislation has just passed the Senate: good news for consumers, bad news for credit card companies.

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    The House is expected to approve the legislation later this week and then send it on to the President so he can sign it into law.

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    With the new mandate from Washington, this efficiency movement in the auto industry will pick up momentum, and several companies are positioned to profit.

  • Most of the large retailers have reported, and the results are better than expected, at least on the bottom line.

  • President Obama is being hailed this morning in news reports for cutting a deal with the state of California and automakers to raise fuel economy standards for cars - so called CAFE standards - reportedly in opposition to Bush Administration policy, writes Tony Fratto former Deputy Assistant to the President and Deputy Press Secretary for the Bush Administration.

  • 2007 GMC Acadia

    For years, we've heard Detroit and other auto makers lobby against higher fuel economy standards because it would drive up costs and ultimately hurt sales of SUV's and pick-ups- vehicles Americans want.

  • I have never bought a car in my life. My wife has bought a lot of them. I'm just not that into cars. I have usually referred to the cars we own by their color.

  • President Barack Obama

    President Barack Obama wants drivers to go farther on a gallon of gas and cause less damage to the environment—and be willing to pick up the tab.