Politics Barack Obama

  • Bankers Bonus

    President Obama had some harsh words on Thursday for bankers who paid themselves billions of dollars in bonuses despite the sweeping government rescue of the nation’s financial industry. Senator Christopher J. Dodd of Connecticut said “every possible legal means” should be used to claw back the money.

  • Futures bounced up and down Friday as investors tried to make sense of a report that showed the economy shrunk less than expected in the fourth quarter.

  • Wednesday night’s House tally on the Democratic stimulus package, where not a single Republican voted in favor, was another shot across the bow for this incredibly unmanageable $900 billion behemoth of a program that truly will not stimulate the economy.

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    Officials from the Obama administration are holding around the clock meetings with senior Wall Street executives on how to create a new government bank to buy bad assets from major financial firms, people with direct knowledge of the talks tell CNBC .

  • Construction Highway

    China, the United States and many other countries have unveiled a slew of stimulus packages aimed at reviving their economies. These proposals should see a huge bump up in infrastructure spending. If that's the case, why are many of these companies doing so poorly in the stock markets? What's going on?

  • The "roads and bridges" approach to economic recovery President Obama talked so much about seems to have disappeared. Or, in the very least, it's much smaller than we anticipated. So are the stocks worth buying anyway?

  • NOT SEEN ON T.V.: Monster.com founder Jeff Taylor explains how the economic stimulus bill might save your job or help you find a new one.

  • Despite high hopes for President Barack Obama's stimulus package, Thursday's market action proved that investors should still be playing defense.

  • Investors are bracing themselves for Friday’s market action. It could be nasty after the government releases GDP.

  • Do you expect the stimulus bill to help your own personal economy? Vote in our poll now.

  • Stocks snapped their winning streak Thursday, sliding at the open as investors cashed in their bank chips.

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    Last night’s House vote on the Democratic stimulus package, where not a single Republican voted in favor, was another shot across the bow for this incredibly unmanageable $900 billion behemoth of a program that truly will not stimulate the economy.

  • Traders may be disappointed by today's declines, but there is no way they could be surprised. Not when you have companies like Black and Decker and Illinois Tool Works giving first quarter guidance well below expectations.

  • Barack Obama

    President Barack Obama says it is irresponsible and shameful for Wall Street bankers to be paid huge bonuses at a time when the American public is dealing with economic hardship.

  • President Barack Obama's stimulus plan makes strange bedfellows.

  • Stocks snapped their winning streak Thursday, sliding at the open as investors cashed in their bank chips.

  • Jack Welch, former charman and chief executive of General Electric, gave CNBC his outlook on the economy, U.S. innovation and current GE leadership.

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    President Barack Obama will keep seeking bipartisan support in Congress despite being rebuffed by House Republicans who voted against a $825 billion economic stimulus package, his spokesman said Thursday.

  • Stocks snapped their winning streak Thursday, sliding at the open as investors cashed in their bank chips.

  • Stimulus Package

    Estimating how effective the huge program of tax cuts and spending will be in getting America’s economic engines humming again is a far more complex calculation requiring almost line-by-line scrutiny of the 647-page bill, lawmakers, the New York Times reports.