Politics Barack Obama

  • Green Invests Here | See Complete Coverage

    Spot gasoline is dear. The market is screaming at the refiners to start processing gasoline and sell into the backwardation. Failure to take advantage today and the refiners run the risk of chasing the curve lower as we move out along the x-axis… not to mention they risk of the wrath of media savvy politicians should downstream inaction lead to higher prices at the pump for Americans through this summer and into hurricane season, writes Stephen Schork.

  • Futures held onto gains Thursday after an unexpected drop in initial jobless claims. However, the gains were muted as Dow component P&G slashed its outlook.

  • Stocks finished near session lows Wednesday as rising bond yields on government debt raised concern that borrowing costs are going to start going up and tamp down the economic recovery.

  • General Motors logo

    The Obama administration continues to try to facilitate a long-shot debt-reduction agreement with reluctant General Motors bondholders despite a bankruptcy deadline.

  • Stocks got a quick pop Wednesday after a report showed existing-home sales rose in April  but quickly retreated as the previous day's optimism faded and GM stirred anxiety in the market. But tech stocks gained, sending the Nasdaq into positive territory.

  • 100 days have now passed since President Obama signed the $787 billion economic stimulus bill into law.  Signed less than a month into his administration, the stimulus package provides notable investments into infrastructure/construction, renewable fuels/alternative energy, farming/agriculture, and healthcare.

  • Stocks got a quick pop Wednesday after a report showed existing-home sales rose in April  but quickly retreated as the previous day's optimism faded and GM stirred anxiety in the market. But tech stocks gained, sending the Nasdaq into positive territory.

  • John Ulzheimer says an interest rate cap included in the new law would have actually hurt consumers.

  • Futures pared earlier gains Wednesday to indicate a mixed open for Wall Street as optimism from the previous day's consumer confidence data dwindled and was replaced by anxiety about what looks like certain bankruptcy for General Motors.

  • The market’s rally today was driven by the strong May consumer confidence numbers released at 10am ET this morning. With confidence building, the hope is that the consumer will start spending again.

  • Stocks barreled higher Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.

  • Following President Barack Obama's nomination of New York Appeals Court Judge Sonia Sotomayor to the Supreme Court, CNBC went to the experts for their opinons on the decision.

  • Stocks recovered from a lower start Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.

  • Sonia Sotomayor, US Appeals Court Judge, 2nd US Circuit Court of Appeals.

    Here's some background on Sonia Sotomayor, who President Barack Obama chose to succeed Justice David Souter on the Supreme Court Tuesday, and her view of business issues: right/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__GOVERNMENT/supreme_court_building.jpg120015000righttruehttp://msnbcmedia.msn.comAP ASCOTUS ROBERTSWASHINGTONDCUSA632638944000000000false1DCMC105Pfalsefalsefalsefalse

  • Stocks bounced back from a lower open Tuesday as a broker upgrade on Apple buoyed the Nasdaq.  Getting the market off to a jittery start after the three-day weekend, the decline in housing prices showed no signs of letting up and there were reports of another missile launch by North Korea.

  • Stocks jumped sharply higher following the biggest gain in consumer confidence in 6 years. May consumer confidence of 54.9 rose significantly compared to last month’s reading of 40.8 and topped economists’ estimates of 42.6. The latest reading was the indicator’s highest level in eight months.

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    Look for sweeping legislation covering everything from consumer protection to executive compensation  to more hedge fund supervision and  the creation of a super regulator.

  • After 5 days of declines last week for its worst week this year, the U.S. Dollar Index is rebounding modestly today. Concurrently, commodities are giving back 1 percent to 2 percent of last week’s solid gains, while commodity stocks are slightly weaker in pre-market trading.

  • After a long Memorial Day weekend, futures indicated a negative open for Wall Street Tuesday as reports that North Korea launched missiles caused alarm.

  • Jeep_auto_sales.jpg

    Four months into President Obama's administration and three months after he created the Auto Task Force to find a solution for an imploding auto industry, people are mad at the President.