GO
Loading...

Barack Obama

More

  • NEW DELHI— India and America's declaration of a breakthrough in contentious nuclear energy cooperation has been met with a lukewarm response from industry and analysts. President Barack Obama's three-day visit to New Delhi raised hopes for concrete plans to tackle India's fossil fuel dependency and to resolve a four-year standoff over liability that...

  • WASHINGTON, Jan 27- The top U.S. trade official urged Congress to back the administration's trade agenda on Tuesday and said an ambitious Pacific trade pact is nearing completion. Trade Representative Michael Froman said the administration was looking to lawmakers to pass bipartisan legislation allowing a streamlined approval process for trade deals,...

  • Obama says US must catch up to ensure drones are safe Tuesday, 27 Jan 2015 | 3:45 AM ET

    WASHINGTON— The United States has fallen behind technological advancements that have made small drones readily available and must update its laws to ensure safety, President Barack Obama said Tuesday, in his first public comments about a drone that crashed on the White House grounds. Questions persist about why a night-owl drone operator would be flying it...

  • BUCHANAN, Liberia— The auburn-red soil and lush green vegetation lured the foreign investors to Liberia's third-largest city with visions of environmental gold. The Overseas Private Investment Corporation, a little known U.S. government agency 4,700 miles away, backed the venture with $217 million in loan approvals from 2008 to 2011..

  • New Obama-Modi dynamics to benefit both leaders: Pro  Monday, 26 Jan 2015 | 10:23 PM ET

    Eswar Prasad, Senior Professor of Trade Policy at Cornell University, discusses the improvement in ties between U.S. President Obama and Indian Prime Minister Modi.

  • WASHINGTON, Jan 26- The U.S. budget deficit will decline slightly to $468 billion this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink. Republicans now in control of Congress seek to eliminate deficits within 10...

  • The Senate failed to get the 60 votes needed to limit debate, voting 53 to 39 on the measure. The Keystone bill allows Congress to approve TransCanada Corp's project to link Canada's oil sands to refineries on the Gulf Coast. Democrats, who lost control of the Senate as a result of November's elections, flexed their muscles to deliver a message to Majority Leader...

  • ANCHORAGE, Alaska— The federal Department of the Interior will make additional areas of Arctic Ocean waters off-limits to drilling when it announces a new five-year offshore drilling plan, a member of the Alaska congressional delegation said Monday. Lisa Murkowski, R- Alaska, said she was briefed last week by federal officials who told her the Obama...

  • But for all the flurry of activity in the GOP race, set off last month by former Florida Gov. "I don't think there's this rush that everybody's trying to create here," said Fred Malek, a longtime GOP donor and finance chairman of the Republican Governors Association. "It seems like there needs to be a little more clarity of who's running before people make commitments,"...

  • WASHINGTON— Senate Democrats temporarily stalled progress Monday on a bill to approve the Keystone XL oil pipeline, the top priority of the Republican-controlled Congress. In a 53-39 vote, the Senate blocked an attempt by Republican leaders to wind down debate. The vote caps a partisan dispute— which had the Senate working into the early hours last Friday— over...

  • The new space race: SpaceX vs Boeing Monday, 26 Jan 2015 | 5:57 PM ET
    The SpaceX Dragon cargo craft is shown just prior to being released by the International Space Station’s robotic arm in this May 31, 2012 photo.

    NASA has asked Boeing and SpaceX to develop and operate space "taxis" that will cut out a dependence on Russia.

  • Kudlow: 529 tax plan won't work  Monday, 26 Jan 2015 | 4:37 PM ET

    Sandy Baum, Urban Institute Senior Fellow, and CNBC Senior Contributor Larry Kudlow provide reaction to President Obama's proposal to tax profits on 529 college savings plan.

  • But if the Alaska delegation is any hint as to where things are headed, his proposal is going nowhere in a Republican-controlled Congress. Lisa Murkowski, chair of the Senate Energy committee, said the administration's plans were a "kick to the gut" that treated Alaska as if it were a "snow globe out there" that should be left untouched. There is no drilling in the...

  • UPDATE 4-Northeast U.S. braves 'crippling' blizzard Monday, 26 Jan 2015 | 4:08 PM ET

    New York, New Jersey, Connecticut and Massachusetts declared states of emergencies as tens of millions of people were urged to stay home with transit systems suspending services. The potentially historic storm poses the latest challenge to New York City Mayor Bill de Blasio, who has been under fire in recent weeks from police who criticized his support of...

  • Real beneficiaries of 529 tax? The debate is on Monday, 26 Jan 2015 | 3:53 PM ET
    President Barack Obama delivers remarks on December 11, 2014 in Washington.

    President Obama's proposed tax on 529 college savings accounts is stirring up debate about whether it would help or hurt the middle class.

  • WASHINGTON— The Senate is closing in on a vote to authorize the Keystone XL oil pipeline, although Democrats temporarily stalled progress Monday. But the fate of the $8 billion project depends not only on what happens in Congress, but also in the courts, at the White House and with TransCanada, the pipeline's developer. The Republican-controlled Congress is...

  • The official scorekeeper of Congress projects solid economic growth for the next few years, with unemployment dropping slightly. For future years however, CBO issued a warning: Beyond 2018, deficits will start rising again as more baby boomers retire and enroll in Social Security and Medicare. By 2025, annual budget deficits could once again top $1 trillion,...

  • Obama returns to India  Monday, 26 Jan 2015 | 1:35 PM ET

    Headlines from President Obama's trip to India, with CNBC's Seema Mody.

  • TOPEKA, Kan.— Hospital officials gave their backing Monday to a Kansas House committee's effort to expand the state Medicaid program to capture additional dollars under the federal health care overhaul, despite opposition to the plan from Republican leaders. They said expanding Medicaid as contemplated by the 2010 federal health care law would provide...

  • New 529 plan a mixed bag  Monday, 26 Jan 2015 | 1:21 PM ET

    CNBC Contributor Jared Bernstein thinks President Obama's proposed tax on 529 college savings plans is a good idea. Joe Hurley, Savingsforcollege.com, says the middle class will be hurt by this plan.