Politics Barack Obama

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  • Hope for clarity on government programs moved stocks today. Several key events made it clear we are starting to approach the endgame on government programs.

  • Here's the unofficial transcript of my interview with my old friend, Jared Bernstein, on Team Obama's stimulus plan. Jared recently accepted a position as Vice President Biden's top economic adviser.

  • Treasury Secretary Timothy Geithner

    Timothy Geithner stood alongside President Obama yesterday. Obama talked about bank compensation limits and Geithner spoke about the need for trust, confidence, and faith in our leaders to get the job done. However, Mr. Geithner is guilty of a double standard.

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    Which kind of stimulus plan do you think will get our economy going again?

  • Last week I told you about an upcoming PowerShares Exchange Traded Fund (ETF) called the Alt-A Non-Agency RMBS Opportunity Fund.

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    President Barack Obama warned that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.

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    Obama's move to cap executive pay is getting all the attention, but did you know it’s just the first step in a much larger plan to reign in compensation?

  • Stocks turned mixed Wednesday as some disappointing earnings reports cast a pall over a pair of better-than-expected readings on the economy.

  • Commerce Secretary Judd Gregg

    An ex-aide to Commerce Secretary nominee Judd Gregg is under investigation for allegedly taking baseball and hockey tickets from a lobbyist in exchange for legislative favors.

  • Banks are again weakening midday, with all eyes on Bank of America. What's up?

  • Stocks turned mixed Wednesday as some disappointing earnings reports cast a pall over a pair of better-than-expected readings on the economy.

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    Tuesday the House dropped a provision from the stimulus bill that would allow film projects in 2009 to qualify for 50 percent write-offs, worth some $250 million in tax breaks.

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    The President just imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money.

  • business check

    It's today's hot topic on the Street - time for you to weigh in.

  • President Obama launched a campaign to rein in corporate compensation with rules limiting executive pay. Below are the new rules and restrictions on executive compensation issued by the Treasury Department.

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    President Obama kicked off a campaign to rein in corporate compensation with rules limiting executive pay to $500,000 a year for firms getting bailout funds .The following is Obama's speech on executive compensation.

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    President Obama kicks off a campaign to rein in corporate compensation with rules limiting executive pay to $500,000 a year for companies getting taxpayer bailout funds in the future.

  • Downsizing

    I generally dismiss the relevance of tired adages, but there’s a timely truth to the saying that it’s hard to teach an old dog new tricks. In days like these, however, a little reinvention is key to survival.

  • US stock index futures edged lower ahead of the open Wednesday, as investors waited for the next round of earnings and hoped for more details on the government’s stimulus package.

  • Top executives at companies taking government money from the TARP will likely see their pay slips capped at $500,000 under a new initiative to be announced Wednesday by President Barack Obama. But one analyst told CNBC that the move could have a negative effect.