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Barack Obama

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  • Administration Plans to Strengthen Antitrust Rules Monday, 11 May 2009 | 6:52 AM ET

    President Obama’s top antitrust official this week plans to restore an aggressive enforcement policy against corporations that use their market dominance to elbow out competitors or to keep them from gaining market share.

  • President Obama's plan to provide medical insurance for all Americans got a boost Sunday after the health care industry offered to trim rate increases by $2 trillion over 10 years to help pay for the program.

  • Obama: Send Me Credit Card Law This Month Saturday, 9 May 2009 | 2:29 PM ET

    Putting himself on the side of fuming consumers, President Barack Obama is pushing Congress to send him legislation by Memorial Day that would put a tighter rein on the credit card industry.

  • The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.

  • Obama: Encouraging Signs, But Too Many Jobless Friday, 8 May 2009 | 12:33 PM ET

    President Barack Obama said Friday there have been "somewhat encouraging" improvements in the country's stricken labor markets, but the rate of joblessness is "still a sobering toll."

  • A Slightly Better April Jobs Report Is Expected Friday, 8 May 2009 | 3:55 AM ET

    Employers are letting up a bit on the mass layoffs they resorted to earlier this year to cope with the recession, but the unemployment rate is climbing.

  • Morgan Stanley & Wells Fargo Down In After Hours Thursday, 7 May 2009 | 4:51 PM ET

    Morgan Stanley down 6 percent after the close, Wells Fargo down 4 percent as capital raises are announced.

  • "Gangster Government" An Interview with Tom Lauria Thursday, 7 May 2009 | 4:06 PM ET

    Hat tip to my friend Michael Barone, who coined the term “gangster government” to describe Team Obama’s bullying threats against the senior bondholders in the Chrysler bankruptcy, where constitutionally backed contract rights have been overturned. It shows the corruptive nature of the whole TARP program and the government’s control along with it. This is corroding the animal spirits of democratic capitalism, which rely on the rule of law.

  • Is This The Pause? Thursday, 7 May 2009 | 3:19 PM ET

    This may be the pause that so many have been predicting. My trader email this afternoon is full of the following quotes: "profitable trades coming off", "raising cash again," "certainly starting to get more sellers," "people taking profits." Volume is heavy for the third day in a row.

  • Tony Fratto: Stress Test Proof - TARP 1 Worked Thursday, 7 May 2009 | 11:02 AM ET

    left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg1100100010lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse With the "formal" release of the government's stress tests today - only a formality after weeks of leaks - an overlooked conclusion is this: TARP 1 worked, writes Tony Fratto former Deputy Assistant to the President and Deputy Press Secretary for the Bush Administration.

  • Cheaper Generic Pills Saved US $734 Billion: Lobbyists Thursday, 7 May 2009 | 5:37 AM ET

    Against the backdrop of President Obama's healthcare reform effort, the main lobbying group for the generic drug industry says the U.S. healthcare system saved nearly three-quarters of a trillion dollars over the past ten years on generic drugs.

  • Busch: Not Quite Irrational Exuberance Wednesday, 6 May 2009 | 9:56 AM ET

    "The momentum on the upside has been strong, extremely strong and it has to begin to worry policy makers. Why? Unlike the Obama administration when they first came into office, they don't want to over promise and under deliver when it comes to expectations." writes Andrew Busch.

  • Geithner Is The Wrong Messenger Tuesday, 5 May 2009 | 4:39 PM ET

    Why on earth did President Obama ask Timothy Geithner to talk about tax cheats during his overseas tax plan announcement yesterday? I received a ton of emails and comments from folks totally baffled by all of this. I have no idea why Obama did this.

  • Pros Say: Real Estate Rebound 'Going Quite Well' Tuesday, 5 May 2009 | 3:03 PM ET

    Stocks slipped slightly on Tuesday as investors reacted to remarks from Fed Chairman Ben Bernanke and the pending results from the government's bank stress test. But some optimistic experts said there are still some positive signs for the markets. Watch the following videos to find out what the experts had to say...

  • Busch: Paying The Check Tuesday, 5 May 2009 | 10:56 AM ET

    Andrew Busch says, "As the stimulus from China and the United States continues to help slow the descent of the global economy, the Obama administration's decision to re-write the international tax code on its own may come as a surprise to those that haven't been watching spending."

  • Ross: Obama's Tax Changes Are a 'Huge Mistake' Tuesday, 5 May 2009 | 12:16 AM ET

    Wilbur Ross, chairman & CEO WL Ross & Co., says President Obama's proposed tax changes that target U.S.-based global companies, will be a huge mistake, as they will hurt U.S. corporations dependent on overseas growth and sales.

  • Why Wall Street’s 5 Worries Are Wrong Monday, 4 May 2009 | 6:24 PM ET

    Cramer refutes the negativity that is affecting this market.

  • Stocks Close Up on Strong Economic Signs Monday, 4 May 2009 | 4:04 PM ET

    Futures indicated a positive open for U.S. stocks on Monday helped by strong gains in Asia and anticipation that this week's bank stress test results will be relatively benign.

  • Stocks Shoot Higher as Home Sales Gain Monday, 4 May 2009 | 12:43 PM ET

    Futures indicated a positive open for U.S. stocks on Monday helped by strong gains in Asia and anticipation that this week's bank stress test results will be relatively benign.

  • Bank Test Hopes, Sprint Nextel Boost Futures Monday, 4 May 2009 | 8:36 AM ET

    Futures indicated a positive open for U.S. stocks on Monday helped by strong gains in Asia and anticipation that this week's bank stress test results will be relatively benign.