Politics Barack Obama


  • GM auto dealership with sign.

    Auto sales continue to be week this month as consumers struggle with lack of confidence and lack of credit, General Motors CEO Fritz Henderson said Tuesday.

  • Financial Woes

    Americans were promised a reward for rescuing the nation’s banks. In return for all those bailouts, the banks essentially granted stock options to the government — a potential jackpot for taxpayers once the crisis blew over, the New York Times reported.

  • Arnold Schwarzenegger

    "UNCLE!!!!!!!!!" That's the cry you'll hear from Detroit to Washington as President Barack Obama announces a new tailpipe emission standard that mirrors the tough measures California has been trying to impose for years.

  • Car Emissions

    President Barack Obama will issue new vehicle emission standards and pair them with a broader goal of reducing pollution, marking the first time limits on greenhouse gases will be linked to federal standards for cars and trucks.

  • The NAHB home buying survey for May is out, and is again showing some improvement, but not much. Present and Future expectations of sales-essentially a survey of builder sentiment-rose. But traffic in prospective buyers, which is what counts, was unchanged.

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  • Chris Lardner had her interest rate tripled after a payment accidentally charged to her card took her over her credit limit.

  • Speaking near Albuquerque, New Mexico, at a town-hall meeting on Thursday, Pres. Obama said the federal debt load is unsustainable and warned of skyrocketing interest rates. He neglected to say that his massive spending-and-borrowing policies are directly causing this problem.

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    With President Obama banging the drum for legislation to sign into law, the Senate is under some pressure to vote on its reform measures as soon as possible.

  • The government has taken advantage of the economic crisis to get a tighter grip on the US economy, and this does not bode well for business, Jack Welch, former GE CEO and author of "Straight from the Gut," told CNBC Friday.

  • Plus, Cramer talks tech, restaurants, retail, IPOs and more.

  • I've been asked frequently how to play the inflation trade using ETFs. Let me show you how to do it, with the warning that you are likely early in this trade. The simplest way to play the inflation trade is to buy gold-and that's easy with ETFs.

  • Does anybody really believe that adding 50 million people to the public health-care rolls will not cost the government more money? About $1.5 trillion to $2 trillion more? At least.

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    A vote on the legislation, which some hoped for today, is now not likely until early next week.

  • Of all the possible things that Congress and the Obama administration could waste their time fiddling with, why did they have to pick executive pay?

  • Wall Street looks ready to transfer funds from bullish to bearish names, the Mad Money host says.

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    The Obama administration wants government to have a say in how financial institutions pay their employees and is working to change Wall Street practices so that compensation is more closely tied to performance over time.

  • Andrew Busch

    I spoke to the annual meeting of the Central Fabricators Association in Chicago which is a trade association serving structural steel fabricators across 13 states. This is smart, tough group that is the backbone of construction in the United States from buildings to bridges. They generally lag the downturns in the economy due to large backorders, but they are critical indicators of returning growth when they see their orders rise.

  • Healthcare coverage and the hastle of forms

    Senators are considering limiting—but not eliminating—the tax-free status of employer-provided health benefits to help pay for President Barack Obama's overhaul plan and provide coverage to 50 million uninsured Americans.

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    It appears the White House may be facing a serious clash – but this hot spot is nowhere near the Middle East.