Even if you’re not a politics person, you’re probably closely monitoring the transition from Bush to Obama. After all, your future depends on it.
President-elect Obama gave a news conference today after meeting with his economic-advisor transition team. Wall Street was hoping to hear a Treasury-secretary designate and an Obama decision not to raise investor taxes next year (meaning capital gains). Unfortunately, neither announcement was made.
He did talk about an extension of unemployment benefits, and that a fiscal stimulus plan that will jumpstart economic growth "is long overdue."
On Friday, for the first time since being elected, Barack Obama held a press conference. Immediately afterward the market started to pull back. What didn't the market like?
Putting aside the question of the educational value of community service, there's simply nothing voluntary about forcing middle and high school students to do 50 hours of community service a year.
President-elect Obama is meeting with economic advisors today, and you have to believe that the housing crisis will be pretty high on the agenda.
Warren Buffett will participate in today's high-profile meeting of President-Elect Barack Obama and his team of economic advisers, "via speakerphone."
Asian markets ended the week mixed Friday, while European markets opened higher after two days of selloffs. CNBC's experts say sit tight and wait -- maybe a long time -- for a stock comeback.
On Friday Barack Obama will hold his first news conference since winning the White House and the country awaits signs of how he might tackle the economic crisis.
Forget a post-election rally. Stocks now appear likely to retest their most recent lows—and possibly head even lower.
I hope my McCain election night blogging pulled back the curtain a little on what really happens at these events.
The tensions and their increasingly public airing provide a revealing coda to the ill-fated McCain-Palin ticket, hinting at the mounting turmoil of a campaign that was described even by many Republicans as incoherent, negative and badly run.
Another day in the red for global markets on Thursday with Hong Kong and Japanese stocks down heavily. CNBC's experts tout defensive strategies, but also say a blue-chip rally could appear.
Democrats won a number of key seats in building a larger and more formidable majority in Congress.
As Democrats celebrate winning the White House and gains in Congress, the victory is rippling through the $11 trillion mutual fund industry in anticipation of reforms to retirement plans that could hurt earnings.
There’s no shortage of advice out there for Barrack Obama, especially when it comes to ways in which to get the financial system back on track.
Stocks fell sharply as a layer of uncertainty was removed with the presidential election complete, but anxiety over the economy returned to the market.
The election is over and now the Wall Street chatter is focusing on who will be the next Treasury Secretary. What do you think?
Barney Frank told us it was coming when he said there are a lot of rich people out there to tax. So higher taxes are coming and I think soon. The Bush tax cuts expire in 2010 but I think the Obama administration will try to move the increase to 2009 and early 2009 at that.
Stocks declined Wednesday as a layer of uncertainty was removed with the presidential election complete, leaving the market to return to worrying about the economy.