Politics Barack Obama

  • 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.

  • The New Deal was actually a combination of socialism and cartelization of industry with price controls and failed to stimulate growth and helped plunge the economy into the "Depression within a Depression" in 1937, says Andrew Busch.

  • US stocks looked set to reverse the week’s winning streak at the open Thursday, despite the progress of the $825 billion stimulus package and optimism over the “bad bank" plan.

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    What's the remedy for Bono-fatigue? The world's foremost martial arts action movie star--Jet Li.

  • Vladimir Putin, Prime Minister of the Russian Federation and Wen Jiabao, Premier of the People's Republic of China

    The Chinese economy will stage a "quick rebound" of economic growth, but the US has a tougher job, facing the loss of $1 trillion in consumption, Zhu Min, executive vice president of Bank of China, told CNBC.com.

  • "If it looks like a bank and quacks like a bank, we've got to capitalize it as a bank," FSA Chairman Lord Adair Turner tells CNBC.

  • Nucor's Dan DiMicco answered that question in an interview with Cramer. Find out what the CEO had to say about Obama's stimulus, the new president's plans for infrastructure spending and more.

  • The new president's plan to rescue the financials is great news. But investors shouldn't race to buy stock in the companies who have their hands out.

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    After gathering with President Barack Obama and other CEOs to discuss the economy and the business environment, Google's CEO Eric Schmidt told CNBC that the overall message of the meeting was that the federal government must “act quickly,” and he believes Obama has a clear understanding of what's needed.

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    Moving with remarkable speed, the Democratic-controlled U.S. House of Representatives approved $819 billion in spending increases and tax cuts at the heart of President Barack Obama's economic recovery program.