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Barack Obama

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  • 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.

  • Mexico Lowers Swine-Flu Death Toll; Italy Has 1st Case Saturday, 2 May 2009 | 1:16 PM ET
    Pharmacist wearing face mask

    Mexico has lowered its estimated death toll from new influenza strain referred to as swine flu to 101 from as many as 176. Italy reported its first case of the H1N1 virus.

  • The economy is turning up, and stocks are on the rise. You wouldn’t know it, though, if you watched the news.

  • Stocks Gain for Week Amid Glimmers of Hope Friday, 1 May 2009 | 5:44 PM ET

    Stocks eked out a gain after a rocky session Friday as investors weighed some encouraging economic reports against gloomy earnings.

  • Passerby's in front of the New York Stock Exchange.

    Uncertainty over bank stress testing and the billions in loan losses the institutions will have to cover poses a threat to the stock market rally.

  • May Begins With Margin Expansion Friday, 1 May 2009 | 3:06 PM ET

    Consumer goods maker Clorox reported stronger-than expected Q3 results on a notable improvement in margins.

  • The Federal Reserve headquarters in Washington, DC.

    The Federal Reserve announced Friday that it will launch a much-awaited program in June to bolster commercial real-estate lending. And, to help make the program more attractive to investors, the Fed will provide longer, five-year loans

  • Art Cashin: Rally Is Still Suspect Friday, 1 May 2009 | 12:58 PM ET
    Click Above for More Cashin Commentary

    The current rally is "still somewhat suspect," Art Cashin, UBS Financial Financial Services director of floor operations told CNBC Friday morning.

  • Stocks Wobble as Confidence Boost Fades Friday, 1 May 2009 | 12:01 PM ET

    Stocks had a wobbly start to the morning Friday as investors weighed some encouraging economic reports against gloomy earnings.