President Barack Obama said Friday that opponents of his energy bill are disputing the evidence of global warming in a cynical ploy to undermine efforts to curb pollution and steer the nation to greener energy sources.
History teaches us that it is unlikely one country will remain a superpower forever. To say nothing of military strength, America’s economic power is shrinking as other countries have quickly emerged as competitive forces in economic might, technology prowess and cultural influence, writes Gary Shapiro, President & CEO of the Consumer Electronics Association.
U.S. Federal Reserve Chairman Ben Bernanke Friday laid out his most detailed description yet of the central bank's post-crisis approach to regulation and said requiring big banks to hold more capital was under consideration.
The Obama administration will order companies that received the most TARP aid to deeply slash the compensation to their highest paid executives, reports the New York Times.
The Obama administration is going to order the companies that received the most government aid to slash the compensation to their highest paid executives.
Traders get nervous as crude oil closes at new highs. Oil over $80 for the first time in a year has stock traders talking, worried that higher commodity prices would again be a burden to consumers.
The recovery package that we passed later in January, under President Obama, has had positive results says House Speaker Nancy Pelosi in this interview with Maria Bartiromo.
The SEC has voted 5-0 to propose new regulations for dark pools. DARK pools are private trading venues designed to match large blocks of stock. The SEC is trying to increase the transparency under which these dark pools operate.
A House committee has voted to strip the health insurance industry of its exemption from federal antitrust laws as senators announced plans to take the same step.
Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in his election campaign and who stood by his side during the financial crisis.
Almost 7 months after President Obama decided to save both GM and Chrysler by sending them through bankruptcy, it's becoming clear just how close the White House came to letting Chrysler go under and how little the auto task force thought of GM.
A government watchdog said the $700 billion bailout for the financial industry played a major role in rescuing the economy over the last year but also engendered anger and distrust among Americans because of secrecy and confusion about the way the program was handled.
The SEC wants more transparency on dark pools, which are private trading venues designed to match large blocks of stock. The agency will likely try to limit the volume of trading that goes on.
After the September housing starts, expect the push to extend and expand the first time homebuyer tax credit to intensify.
The Wall Street giants that received a financial lifeline from Washington may have no compunction about paying big bonuses to their dealmakers and traders. But their willingness to deliver “thank you” gifts to President Obama and the Democrats is another question altogether.
America’s grid system needs a high-tech makeover, and this company provides the first step in making that happen.
A strange day ... volume is light, trading desks are not busy ... but the markets keep melting up as the dollar hovers near new lows.
The weaker dollar, predictably, is pushing up commodities across the board: metals, fertilizers, coal and energy up across the board.
The close on Friday, a big earnings day, was less than stellar. Volume was poor, and two stocks were down for every one that advanced.
The White House and lawmakers are trying to blend five House and Senate committee versions of health care legislation into a bill that will pass both houses, where near unanimous Republic opposition was expected.