Barack Obama


  • Stocks Up Nearly 2% on Bullish Bank Sentiment Monday, 13 Jul 2009 | 2:20 PM ET

    Stocks opened in positive territory despite lingering economic concerns, after noted banking analyst Meredith Whitney said the sector is in for at least a short-term gain of 15 percent.

  • Proposed Consumer Protection Agency Gets Mixed Reviews Monday, 13 Jul 2009 | 12:32 PM ET

    The Obama administration has proposed a Consumer Financial Protection Agency (CFPA) that would regulate the fees, penalties, and interest rates for consumer products such as credit cards and mortgages. The administration believes this new agency could enforce disclosure, but do American consumers really need a new layer of regulation?

  • Meredith Whitney

    Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.

  • Awaiting Earnings And All That Data Monday, 13 Jul 2009 | 9:44 AM ET

    Futures were at the highs of the morning as traders await the heavy number of earnings reports and economic data beginning tomorrow and lasting through the end of the week.

  • Futures Drift as Economic Fears Remain  Monday, 13 Jul 2009 | 8:03 AM ET

    The Dow and the S&P 500 begin the new week at their lowest points in two and a half months - with investors wary about earnings season and the economy. Both benchmarks lost ground for the fourth consecutive week last week, and stock index futures are pointing to more of the same ahead of open.

  • Stocks Log Fourth Straight Down Week Friday, 10 Jul 2009 | 8:07 PM ET

    Stocks racked up their fourth straight down week Friday as a Chevron profit warning exacerbated earnings worries. Techs got a boost from an upgrade on the hardware sector.

  • White House Weighing Assistance for Small Businesses Friday, 10 Jul 2009 | 6:11 PM ET

    The Obama administration is considering different possibilities for assisting small businesses throughout the U.S., reports said.

  • Chevron Drags on Dow; Techs Turn Mixed Friday, 10 Jul 2009 | 1:07 PM ET

    Stocks were mixed Friday as a Chevron profit warning exacerbated earnings worries but an upgrade on the hardware sector boosted tech stocks.

  • Obama Struggles With Healthcare Overhaul Friday, 10 Jul 2009 | 12:00 PM ET
    Sen. Barack Obama, D-Ill., answers a question during the first Democratic presidential primary debate of the 2008 election hosted by South Carolina State University in Orangeburg, S.C., Thursday, April 26, 2007. (AP Photo/J. Scott Applewhite)

    President Barack Obama acknowledged the tough going for his health care overhaul in Congress but rejected the notion the legislation is doomed.

  • Farrell: Let's Enjoy the Numbers for a Moment Friday, 10 Jul 2009 | 11:09 AM ET

    Initial unemployment claims dropped a surprising amount. The four week moving average dropped 10,000 to 606,000. While only one week's number, let's still take an encouraging moment and hope that we might be entering a better phase of the economy.

  • World Has Avoided Economic Disaster, Obama Says Friday, 10 Jul 2009 | 11:01 AM ET
    Barack Obama

    Lasting worldwide recovery "is still a ways off," President Barack Obama declared Friday, but he also said at the conclusion of a global summit that a disastrous economic collapse apparently has been averted.

  • Stocks Open Lower After Chevron Warning Friday, 10 Jul 2009 | 10:11 AM ET

    Stocks opened lower Friday as Chevron's earnings warning added to investors' worries about earnings and the economic recovery.

  • Futures Lower; Chevron Adds to Market Gloom Friday, 10 Jul 2009 | 9:15 AM ET

    Futures pointed to a modestly lower open for Wall Street on Friday as Chevron's earnings warning added to investors' uncertainty on corporate earnings.

  • Cramer: What to Expect This Earnings Season Thursday, 9 Jul 2009 | 7:36 PM ET

    Here’s a hint: Communists are better free-market players than capitalists these days.

  • Assets Are Less Toxic, but Banks Have Other Troubles Thursday, 9 Jul 2009 | 5:21 PM ET

    With bad home mortgages  on the back burner, the big threat to the economy is now believed to be troubled credit card, commercial real estate and commercial industrial debt.

  • The Long and Short of UNG Thursday, 9 Jul 2009 | 3:58 PM ET

    Earlier this week the big natural gas ETF, the U.S. Natural Gas Fund (UNG), announced that it was suspending the issuance of new shares. Why did this happen?

  • Buy This Data-Storage Stock Thursday, 9 Jul 2009 | 3:15 PM ET

    Plus, Cramer makes the call on cap-and-trade and states his bullish case for the markets and the economy.

  • Tony Fratto: G8 Sing The Songs Of Summer Thursday, 9 Jul 2009 | 11:12 AM ET
    Meeting of the G8

    With apologies to German Chancellor Angela Merkel, The Boys of Summer (Don Henley) are gathered once again for their annual G8 summer clam bake, so let's crank up the tunes...

  • Cities Lose Out on Road Funds From Federal Stimulus Thursday, 9 Jul 2009 | 10:39 AM ET
    South California highway

    Two-thirds of the country lives in large metropolitan areas, home to the nation’s worst traffic jams and some of its oldest roads and bridges. But cities and their surrounding regions are getting far less than two-thirds of federal transportation stimulus money.

  • Retails Reeling Thursday, 9 Jul 2009 | 10:34 AM ET

    Stock futures are up modestly on better-than-expected jobless claims data and Alcoa’s smaller-than-expected loss.