×

Politics Barack Obama

  • Investors need to always focus on the fundamentals, he says. That way they don’t miss great moneymaking opportunities.

  • John Podesta

    The Obama administration is planning to use the government’s enormous buying power to prod private companies to improve wages and benefits for millions of workers, according to White House officials and several interest groups briefed on the plan.

  • retirement_choices200.jpg

    Many in the investment world — and even President Barack Obama's administration — are taking a fresh look at annuities, and are finding there's a lot there to like.

  • Even though investors get another dose of Fed Chairman Ben Bernanke in Washington, D.C., the problems in Greece have crept back to the forefront of investor concerns. The issue today is whether the country can cut the budget enough to help the situation. And the big deal on Wall Street involves Coca-Cola and Coca-Cola Enterprises.

  • Clearly Ben worries that we are a ways from shaking off the effects of the financial meltdown. In his testimony he said he would need to see a rebound in employment, housing, and bank lending before he would feel a sustained recovery is at hand. That is pretty clear as to what has to be obvious before rates come down.

  • Fed Chairman Bernanke again committed to keeping interest rates "exceptionally low for an extended period" to support a "nascent" economic recovery. At the same time, Bernanke seemed to infer that he did not believe the economy was yet growing on a self-sustaining basis.

  • doctor

    If you've been confused by year-long wrangling over health care reform, and the fierce differences between the parties, let me try to make it simple.

  • Stocks rallied Wednesday as the dollar pulled back and Fed Chairman Ben Bernanke pledged to keep rates low for a long time. Financials were among the top gainers.

  • Despite a fairly decent earnings report out of Toll Brothers this morning, some concerns linger over the state of the housing industry. Toll’s CEO Robert Toll pointed out that the speed of a housing recover has been “hard to discern” due to “unevenness in demand” the homebuilder has seen since September.

  • Stocks rallied Wednesday as the dollar pulled back and Fed Chairman Ben Bernanke pledged to keep rates low for a long time. Financials were among the top gainers.

  • Timothy Geithner

    Assessing a tough governmental juggling act, Treasury Secretary Timothy Geithner assured lawmakers Wednesday that stimulus spending to spur the economy now isn't in conflict with a need for longer-term austerity.

  • The markets appear to be holding on to their gains, despite a disappointing January New Home Sales report. Once again, traders are awaiting Fed Chairman Ben Bernanke’s semi-annual report on monetary policy in front of the House Financial Services Committee. However, they suspect that his comments will lack new insights.

  • Paul Volker

    The Obama administration redoubled its efforts on Tuesday to overhaul the nation’s financial regulations, saying it would not back down from its efforts to restrict the trading activities of banks and to create a consumer agency to regulate financial products.

  • jobs_blocks.jpg

    Senior Democrats say the House is preparing to quickly pass a $15 billion job-creating measure once it is approved by the Senate, illustrating new urgency on the part of Democrats to show they are taking steps to improve the national employment picture.

  • Stocks opened slightly higher Wednesday as the market looked for direction ahead of Fed Chairman Ben Bernanke's semi-annual report on monetary policy and the economy.

  • Stethescope and money

    He also is throwing down the gauntlet of the prospect of using an aggressive parliamentary move called reconciliation.

  • One unintended consequence of delaying the hearing was that Bernanke was denied the opportunity to further signal his plans to begin to normalize the spread between the target federal funds rate and the discount rate. The Fed's announcement a week later that it would raise the discount rate last surprised some market participants.

  • US stock index futures pointed to a flat open for Wall Street before Fed chairman Ben Bernanke's  semi-annual report on monetary policy and the economy at 10am ET.  Bernanke's words are likely to influence whether the stock market can recover from yesterday's selloff, with the Nasdaq and the S&P 500 posting their biggest one-day losses since February 4.  The Dow's nearly 101 point drop was its biggest since February 8.

  • Doctor Writing

    With President Barack Obama's health care overhaul in limbo, Americans' fears about its effect on them eased in January, according to a poll released as the president tries to revive sweeping Democratic legislation.

  • A very disappointing consumer confidence report weighed on stocks this morning. The Conference Board revealed its consumer confidence index hit a 10-month low, falling to 46 in February — much lower than the 55 level economists had been expecting. Additionally, consumers’ 6-month outlook on business and employment conditions worsened.