Politics Barack Obama

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    After watching the dysfunctional, bickering Congress and a Bush Administration that looks out of gas, there are finally legitimate reasons for optimism coming from Washington—and when was the last time you heard that?

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    Brace for the glimmerings of a comeback in confidence in 2009, if only because it can’t get much worse than this. So, look for a corporate smashup, a new look from Goldman Sachs, and, yes that's right, the next bubble.

  • PREDICTIONS09_editors_badge.jpg

    Obama isn’t a moderate but he’ll play one on TV, the credit dam will break and the recession will end, sort of.

  • U.S. President-elect Barack Obama got a write-in vote in the north-eastern city of Iasi in Romania, where a disgruntled voter preferred him to seven local politicians competing for seats in parliament, Romanian news agency Rompres reported Monday.

  • Santa

    Stocks head into December with a tailwind, but the late November rally will quickly be put to the test by some gloomy economic reports and the next phase of efforts to save the struggling U.S. auto industry.

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    The Dow climbed higher on Wednesday as hopes of a General Motors bailout helped investors shrug off data depicting a worsening global economic downturn.

  • Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.

  • Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.

  • U.S. stocks retreated Wednesday as traders took a breather after a three-day winning streak.

  • U.S. stocks looked set to edge lower at the open on Wednesday as the positive reaction to the Federal Reserve's plan to buy mortgage-backed securities failed to bolster the futures. 

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    With investors hoping President-Elect Barack Obama will come up with a plan to save the economy, experts warn there is no escaping economic cycles.

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    Despite their deep political and philosophical differences, Barack Obama and George W. Bush are being counted on by Wall Street to work together in the next two months to tackle the financial crisis.

  • Cramer spoke with Eric Schmidt, the CEO of Google who is part of Obama’s transition economic advisory board about this new team and what they’ll do.

  • Do you want to know why the stock market was up 396 points today (this on top of Friday's 494 point rally)? Cramer says it's simple.

  • Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped nearly 60 percent, ending just shy of $6 a share. 

  • Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped 60 percent, trading above $6 a share. 

  • Some traders disappointed in Obama speech, but don't kid yourself. While Obama said a net tax cut is "part and parcel of what is needed for stimulus," he also said he was weighing whether to let the Bush tax cuts expire.

  • President-elect Barack Obama officially announced key members of their economic team today.  The economic team members announced today are listed below:

  • Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped 60 percent, trading above $6 a share. 

  • The government eventually will have to pony up $1 trillion in economic stimulus to get the country out of its economic slump, said CV Starr CEO Hank Greenberg.