Politics Barack Obama

  • US stocks were poised to continue their positive start to the week Wednesday, as investors looked to a key policy meeting of the Federal Open Market Committee for more action to stem the credit crisis.

  • Russia has halted a plan to retaliate against a proposed U.S. missile defense shield by stationing its own missiles near Europe's borders, a Russian news agency quoted the military as saying on Wednesday.

  • That was the opinion of economist Nouriel Roubini, of RGE Monitor, who was one of the first people to predict the housing crisis, speaking to "Squawk Box Europe" this morning.

  • In late breaking news Steve Liesman reveals that the Treasury could set up a bad bank -- as soon as next week!

  • We need a coherent plan for dealing with troubled companies, not just the financials but also the automakers that have borrowed federal money like General Motors and Chrysler. If you ask me, we should nationalize everything we can get our hands on.

  • Stocks pulled off a gain — barely — as investors cheered earnings surprises from American Express and others amid an underlying buzz of anxiety about the economy.

  • I know many of you think I'm the angel of housing doom, but we need to face some cold hard facts. One month-to-month increase in sales, percentage-wise, from a huge drop the previous month, means absolutely nothing.

  • We caught up with the head of WPP on his way to dinner. Check out his hat.

  • Stocks turned flat Tuesday after a report showed consumer confidence continues to fade and an early rally fizzled.

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    President Obama is moving quickly to act on the environmental promises that were a centerpiece of his campaign. But tackling global warming will be far more difficult — and more costly — than the new emissions standards for automobiles he ordered with the stroke of a pen on Monday, the New York Times reports.

  • Stocks turned flat Tuesday after a report showed consumer confidence continues to fade and an early rally fizzled.

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    President Barack Obama visits  Capitol Hill Tuesday to try to build momentum for an $825 billion package he says is urgently needed to keep the U.S. economy from sinking into an even deeper recession.

  • I hear it all the time. "Those guys know how to build a car that can get 50 MPG, but they just don't want to."

  • Treasury Secretary Timothy Geithner

    Since Geithner is something of a wounded warrior from the tax non-payment controversy, Team Obama’s economic policy is shifting toward a Larry Summers power-center right now.

  • US stock index futures pointed to a positive open Tuesday as investors hoped for the next round of stimulus from Washington and braced for a flurry of corporate earnings.

  • We'll never get the sustained marketwide rally we need until President Obama steps in to save this sector.

  • Former Merrill Lynch CEO John Thain's estimate of losses in early December was only a fraction of the $15.3 billion loss that the brokerage giant later reported, Bank of America senior executives told CNBC.

  • Wall Street Trader

    U.S. investors remained pessimistic in January about the economic outlook for the next 12 months, but the change in administration lifted spirits somewhat, a Gallup survey showed Monday.

  • “Only in the upside-down world of Washington do people think that making government bigger is a recipe for economic growth.” So begins Dan Mitchell of the Cato Institute in his latest mini-documentary discussing Obama’s stimulus plan. As you may have guessed, I agree.

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    US President Barack Obama won't be there, but many other major world leaders will be on hand, and policy experts say they'll have to do more than just show up if they want to jumpstart the global economy.