Politics Barack Obama

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  • 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.

  • Since Thursday, the incoming Team Obama (TO) has been hard at work and they have been listening to what the markets have been saying.

  • U.S. stocks looked set for a positive start to the week Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. 

  • Tax Refund Check

    U.S. President-elect Barack Obama may consider delaying a campaign promise to roll back tax cuts on high-income Americans as he works on a huge stimulus plan to counter the worst economic crisis the world has faced in decades.

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    Many financial assets across the world are looking cheap after the market ructions of the past year but investors in general have yet to rediscover the impulse to buy.

  • Financial Crisis

    President-elect Barack Obama will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Council, transition officials said.

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    U.S. President George W. Bush, Chinese President Hu Jintao, Japanese Prime Minister Taro Aso and other members of the 21-nation Asia-Pacific Economic Cooperation group, or APEC, said they would refrain from raising trade barriers over the next 12 months.