President Barack Obama will propose an increase in spending and domestic spending in his 2016 fiscal year budget.» Read More
Colorado and Oregon ballot measures to label food products that have GMOs were defeated, but proponents vow to fight on.
After listening to comments from President Barack Obama, CNBC’s Larry Kudlow said on his current track, the president was facing “a rat’s nest" of woes.
President Barack Obama said he is eager to work with the new Congress to make the next few years as productive as possible.
The GOP breakthrough in the midterms represents a setback for the president and changes the outlook for issues key to business.
Investors say shares of coal and natural gas companies, and medical device makers, have not yet fully priced in the Republican blowout in the election.
With many foreign policy issues overshadowed by wider global forces, don't expect major shifts under the GOP-controlled Senate.
Republicans likely will use their new-found power to take on a variety of issues, but none more so than tax reform.
Some investors salivate when midterm elections cycle through because they are turning to a very simple strategy to profit from the political season.
More regions have joined Colorado and Washington state in allowing recreational marijuana use. Businesses in turn are hoping for revenue and jobs.
The Republicans will now be in control of the Senate for the first time since 2007. Now it has to prove itself.
Eric Cantor says unilateral action by Obama on immigration would "light a fuse" among Republicans now that they control Congress.
After Tuesday's sweeping electoral wins, NRCC Chair Rep. Greg Walden predicted the GOP would hold the majority for a long time.
In a veiled warning to tea party lawmakers, former House Majority Leader Eric Cantor called on Republicans to work with President Obama now.
Following his GOP primary defeat this past summer, former House Majority Leader Eric Cantor tells CNBC he never heard from President Barack Obama. "Not a word."
The Minneapolis Fed president said an interest-rate hike at any time in 2015 would be "inappropriate" because of the muted outlook for inflation.
President Barack Obama will hold a news conference on Wednesday afternoon to discuss the sweeping Republican victory in Tuesday's midterm election.
Voters heading in and out of polls expressed frustration and resentment against all things Washington.
Voters in five states approved ballot measures calling for raises in their states' minimum wages, adding to the federal debate.
A Republican-controlled Congress may find common ground with President Obama bringing a more energy friendly environment to Washington.
The Republican Party won control of the U.S. Senate on Tuesday, in a night that turned out to be a historic defeat for Democrats.
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