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Barack Obama

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  • Behind the Stock Swoon Wednesday, 14 Jan 2009 | 4:50 PM ET

    Stocks are swooning again — down seven straight days — and threatening to break below a November 20 bottom. Part of this stems from bad economic data, including today’s announced plunge in December retail sales. This of course follows last Friday’s outsized drop in payroll employment.

  • Details Of My Dinner With President-Elect Obama Wednesday, 14 Jan 2009 | 3:59 PM ET
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    It was an off-the-record dinner with the President-Elect and I'm going to keep it off the record in terms of deep content. There were about nine of us there. I don't think he's trying to win us over, but he's trying to connect with us and engage with us to his great credit.

  • Geithner's Confirmation Postponed Until Next Week Wednesday, 14 Jan 2009 | 1:53 PM ET

    The top Republican on the Senate Finance Committee said Wednesday the panel delayed a hearing on the nomination of Timothy Geithner to head the U.S. Treasury to give senators more time to reflect on Geithner's failure to pay payroll taxes.

  • obama_barack_8.jpg

    A Feng Shui expert sent me the following tips for FS-ing the White House. Seems the President-elect is an East Life person, given his birth in 1961, a year ending in 1 and as an East Life person the directions that would be most harmonious and supporting for him are the south, southeast, east and north. Plus more FS Ideas.

  • Obama Presses Congress for Rest of TARP Funds Tuesday, 13 Jan 2009 | 4:14 PM ET
    Barack Obama

    President-elect Barack Obama asked Democratic senators Tuesday not to stand in the way of an additional $350 billion in bailout funds, calling the money essential to helping the ailing economy.

  • First Dog Already Upstages Obama Tuesday, 13 Jan 2009 | 3:13 PM ET
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    I just got two boxes of the Barack Obama Topps set. It's 90 cards, plus 18 stickers. No offense to our new leader, but the most coveted card in the set isn't of Obama. It's of his pooch.

  • Treasury to Monitor TARP Lending Tuesday, 13 Jan 2009 | 1:15 PM ET
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    The Treasury Department is developing tools to measure whether banks that receive funds from the $700 billion financial industry rescue program are increasing lending.

  • Obama to Homeowners' Rescue Monday, 12 Jan 2009 | 8:58 PM ET

    That's bad news for the banks, though. Cramer breaks down what the president-elect's new TARP rules mean for the financials.

  • Dow Falls For 4th Day Monday, 12 Jan 2009 | 5:43 PM ET
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    The Dow fell for the fourth day in a row as concerns about massive losses at Citigroup knocked its shares 17 percent lower, dragging down bank stocks...

  • The Democrats wasted no time distinguishing themselves from President George W. Bush.

  • What Is Worse - Personal Bankruptcy Or Foreclosure? Monday, 12 Jan 2009 | 2:55 PM ET
    Bankruptcy or Foreclosure?

    As the countdown to the Obama administration falls into single digit days, the rhetoric over how to reverse the housing crisis is heating up, and much of the chatter is focusing on bankruptcy and “walkaways”. All of this leads me to ask the question, which is worse to your financial future: personal bankruptcy or foreclosure?

  • If Only We Lived in China! Monday, 12 Jan 2009 | 1:17 PM ET

    The Communist Party is pouring hundreds of billions of dollars into an economywide recovery plan. The U.S., suffering through its own recession, needs to do even more.

  • Busch: Irony of Ironies Monday, 12 Jan 2009 | 11:00 AM ET

    As President Bush gets set to leave office, President-elect Obama has one more important task for him to complete. Obama and his Midwest Combine are requesting that the outgoing Republican leader send a message to Congress for the remaining $350 billion in TARP funds.

  • The High Security Risk Attached to Obama’s Belt Monday, 12 Jan 2009 | 10:20 AM ET
    President-Elect Barack Obama using his Blackberry

    President-elect Barack Obama, who will take the oath of office next week, has repeatedly acknowledged a strong attachment to his Verizon BlackBerry 8830 World Edition smartphone, a.k.a the BarackBerry. But in an interview last week, Mr. Obama lamented that the Secret Service and his lawyers appeared to be winning the battle to deny him this electronic link to friends, family and news of the larger world.

  • Dow Logs Worst Week Since Late November Friday, 9 Jan 2009 | 5:31 PM ET

    The Dow logged its worst week since late November, erasing all of last week's gains in a brutal week littered with layoffs and profit warnings, and capped with a surge in unemployment.

  • An unemployment rate of 7.2 percent is not the end of the world. It’s not a high point, but it’s also not the apocalypse.

  • Stocks Fall Sharply as Jobless Rate Soars Friday, 9 Jan 2009 | 2:13 PM ET

    The Dow opened higher Friday amid a giant sigh of relief in the market that only half a million jobs were lost in December. Market buzz had indicated the number could be as high as a million.

  • Cramer's Dow Jones All-Stars Friday, 9 Jan 2009 | 12:01 PM ET

    There's a method behind his Mad Money picks. Here's how you put that strategy to work yourself.

  • Dow Retreats After Quick Jobs-Relief Pop Friday, 9 Jan 2009 | 11:38 AM ET

    The Dow opened higher Friday amid a giant sigh of relief in the market that only half a million jobs were lost in December. Market buzz had indicated the number could be as high as a million.

  • For BlackBerry, Obama’s Devotion Is Priceless Friday, 9 Jan 2009 | 10:19 AM ET
    President-Elect Barack Obama using his Blackberry

    President-elect Barack Obama has repeatedly said how much his BlackBerry means to him. If he wasn't a public servent, it could also mean a lot of money for him, reports the New York Times.