Barack Obama


  • Stocks Slide as Dollar Soars, McDonald's Skids Monday, 8 Jun 2009 | 1:50 PM ET

    Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meaeting.

  • Obama's Economic Circle Keeps Tensions Simmering Monday, 8 Jun 2009 | 10:35 AM ET
    Lawrence Summers, Director of President Barack Obama's National Economic Council

    As the president’s advisers have struggled with the economic crisis, Lawrence H. Summers is often at the center of heated debates.

  • Busch: Reduced Great Expectations... Monday, 8 Jun 2009 | 10:16 AM ET
    Andrew Busch

    With the jobless rate climbing to 9.4% and the number of unemployed reaching 6 million since the start of the recession, the White House is in full damage control this week. They are attempting to explain why the $787 billion stimulus program has doled out less than 11% of the funds. The American Recovery and Reinvestment Act has a cool website explaining how it's going to create/save 3 million jobs. So far, the only thing it has created is doubts over its effectiveness.

  • What's In Focus This Week Monday, 8 Jun 2009 | 9:47 AM ET

    If last week is any indication, the market focus will be less on stocks and more on bonds and the dollar; while the dollar staged a late-week rally, the Treasury auction this week and continued weakness in long-dated Treasuries continues to be a worry for traders.

  • Stocks Open Lower as Dollar Soars, Banks Drop Monday, 8 Jun 2009 | 9:44 AM ET

    Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meeting.

  • Futures Fall as Dollar Soars, Banks Drop Monday, 8 Jun 2009 | 8:07 AM ET

    Futures pointed to a lower open for Wall Street Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Federal Reserve may raise rates at its next meeting.

  • Obama Promises More than 600,000 Stimulus Jobs Monday, 8 Jun 2009 | 6:54 AM ET
    Street crowd

    President Barack Obama promised Monday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.

  • US to Propose Wider Oversight of Compensation Monday, 8 Jun 2009 | 5:48 AM ET
    Government Regulation

    The Obama administration plans to require banks and corporations that have received two rounds of federal bailouts to submit any major executive pay changes for approval by a new federal official who will monitor compensation, according to two government officials.

  • Obama Renews Emphasis on Budget Cuts, Economy Saturday, 6 Jun 2009 | 6:29 PM ET
    President Barack Obama

    President Barack Obama wants agencies to lay out specific goals for economic stimulus spending over the next several months, a push to focus more on his $787 billion recovery plan.

  • Cramer’s Spec Stock of 2009 Friday, 5 Jun 2009 | 8:23 PM ET

    Find out why insiders at this school-loan company are buying tens of thousands of shares at a time.

  • Cramer: Why 9.4% Unemployment Is Good Friday, 5 Jun 2009 | 8:01 PM ET

    Plus, a diversified portfolio that is perfect for this market.

  • Confused By Today's Action? Friday, 5 Jun 2009 | 3:23 PM ET

    If you are confused by the action today, you shouldn't be. Biggest question is, why aren't stocks up more because the nonfarm payroll data was better than expected?

  • Chandler: Don't Get Overly Optimistic Just Yet Friday, 5 Jun 2009 | 10:41 AM ET

    The stronger-than-expected US employment report combined with the comments of two Fed officials in the past 24 hours (Hoenig and Lockhart) about not waiting too long to hike rates has seen the Fed funds futures sell-off sharply.

  • Stocks Look For Another Week of Gains Friday, 5 Jun 2009 | 9:55 AM ET

    The dollar is rallying, hurting commodities and commodity stocks. Why is the dollar rallying? Better economic news implies higher rates, which makes the dollar more attractive as an investment. A higher dollar means dollar-denominated commodities are more expensive to buy.

  • Recall the Stimulus And Set the Fed Free Friday, 5 Jun 2009 | 8:39 AM ET
    Ben Bernanke

    Testifying before the House Budget Committee this week, Ben Bernanke said that when the time comes, the Fed will raise interest rates in order to stop inflation from building in the next recovery. He also asked for “fiscal balance” to sustain financial stability.

  • Are Mozilo And Countrywide Only the First Targets? Thursday, 4 Jun 2009 | 5:44 PM ET
    Angelo Mozilo

    I find myself wondering, based on the evidence the SEC is offering up in its complaint, whether the agency is poised to come after many other firms that failed to alert their shareholders to the risks they were taking in the mortgage market.

  • GOP Readies Offensive on Financial Reform Thursday, 4 Jun 2009 | 3:31 PM ET

    With the Obama administration working toward a mid-June unveiling of a sweeping package of regulatory reforms for the financial sector, Congressional Republicans are preparing their own offensive in the coming week.

  • Systemic Regulator Is Needed: Securities Chief Thursday, 4 Jun 2009 | 11:13 AM ET

    An overarching systemic regulator for the financial sector is needed, said Tim Ryan, president & CEO of the Securities Industry and Financial Markets Association.

  • Tony Fratto: Big Ben's Bell Thursday, 4 Jun 2009 | 9:23 AM ET

    Fed Chairman Ben Bernanke, in his testimony to Congress yesterday, sounded the alarm bell for political leaders to put in place a plan to restore balance to the nation's fiscal books.

  • Bears Find Their Voice Wednesday, 3 Jun 2009 | 9:34 AM ET

    ADP said May private sector jobs fell by 532k, about in line with expectations of a drop of 525k. The good news is that the level of job losses has clearly stabilized; the bad news is that we are still not seeing much of an increase in hiring. Bottom line: unemployment rate will continue to rise, at least in the near future.

Most Popular Video

Tuesday, 15 Apr 2014 | 6:00 PM ET

Fear and loathing. Mad Money host Jim Cramer looks at fears professional money managers face in the current market environment.

Tuesday, 15 Apr 2014 | 4:00 PM ET

CNBC's Patti Domm sits down with Lindsey Group Chief Market Analyst Peter Boockvar to discuss whether or not inflation could affect the Fed's plans.

Tuesday, 15 Apr 2014 | 3:00 PM ET

CNBC.com Senior Writer John Jannarone talks about what Coca-Cola really needs to do to sustain revenue growth.