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Barack Obama

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  • Fratto: Two Factors Are Driving European Action Tuesday, 21 Apr 2009 | 9:04 AM ET

    left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg1100100010lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse Officials on both sides of the Atlantic hope the regulatory differences can be bridged over time, but by blazing the trail first and with hardened emotions, Europe is attempting to put itself in a stronger position.

  • Futures Fall as Earnings Mostly Disappoint Tuesday, 21 Apr 2009 | 8:17 AM ET

    US stock index futures turned lower ahead of the open Tuesday after key corporate earnings sounded a note of caution for investors.

  • Backdoor Path To Bank Nationalization Monday, 20 Apr 2009 | 5:52 PM ET

    White House and Treasury officials are now talking about turning government TARP loans into common stock for the 19 biggest banks. It’s clearly a backdoor path to nationalization, as Uncle Sam would be the largest shareholder in these institutions. What’s more, it’s not at all clear that the administration will even let certain banks pay down their TARP loans.

  • Stocks Fall Over 3% Amid Bank Jitters Monday, 20 Apr 2009 | 5:00 PM ET

    Stocks ended sharply lower Monday as Bank of America earnings and stress-test buzz dragged down financials. The Dow lost about 290 points, or 3.6 percent. The tech-heavy Nasdaq shed nearly 4 percent and the S&P 500 tumbled 4.1 percent.

  • Bankruptcy Cramdown Is Back Monday, 20 Apr 2009 | 2:01 PM ET

    Despite the fact that the press representative in Senator Dick Durbin's (D-IL) office tells me "negotiations are still underway," several outlets are reporting that the Senate version of the so-called bankruptcy "cramdown" bill is imminent. The house passed legislation in March allowing bankruptcy judges to modify home loans, with a couple of caveats, the main one being that the borrower had to have exhausted all possibilities for modification with his/her lender.

  • Obama's First 100 Days: What He's Done So Far Monday, 20 Apr 2009 | 1:27 PM ET

    President Obama’s top economic advisers have determined that they can shore up the nation’s banking system without having to ask Congress for more money any time soon, according to administration officials.

  • US May Not Need More TARP Funds to Shore Up Banks Monday, 20 Apr 2009 | 11:15 AM ET

    President Obama’s top economic advisers have determined that they can shore up the nation’s banking system without having to ask Congress for more money any time soon, , the New York Times reported.

  • Stocks Fall; BofA Shares Hit, Sun Soars Monday, 20 Apr 2009 | 10:33 AM ET

    Stocks tumbled at the open Monday as investors braced for the next batch of corporate earnings.  The Dow dropped more than 100 points, or 1.5 percent in the first few minutes of trading. The tech-heavy Nasdaq lost nearly 2 percent.

  • Futures Fall; BofA Shares Hit, Sun Soars Monday, 20 Apr 2009 | 8:10 AM ET

    US stocks looked set to drop at the open Monday as investors braced for the next batch of corporate earnings.

  • Pros Say: Consumers Crucial for Recovery Monday, 20 Apr 2009 | 6:01 AM ET

    As investors look for signs of an economic turnaround in corporate earnings and stock market performance, concerns still remain over the state of consumers and their willingness to spend as the recession grinds on.

  • Stimulus Package Driving Hybrid Bus Orders Friday, 17 Apr 2009 | 3:35 PM ET

    Smaller cities across the country are ordering hybrid buses for the first time, while some of the bigger ones are adding to existing fleets, thanks  partly to the government's stimulus package.

  • Green Funds May Take Time To Pay Off Friday, 17 Apr 2009 | 3:34 PM ET
    Mutual Funds

    Investors with a short time horizon and low tolerance for risk may want to avoid the group, but the patient and the bold may well be rewarded over time.

  • Pressure Grows On Government To Up Green Spending Friday, 17 Apr 2009 | 3:32 PM ET
    Strommasten in Bonn am Montag, 15. Januar 2007. In der Bundesregierung gibt es gegensaetzliche Haltungen zu der von der Europaeischen Union geforderten Zerschlagung der Stromkonzerne. Nach Wirtschaftsminister Michael Glos (CSU) signalisierte auch Umweltminister Sigmar Gabriel (SPD) seine Bereitschaft fr entsprechende Plaene. Dagegen warnte Aussenminister Frank-Walter Steinmeier (SPD) vor einem solchen Schritt. (AP Photo/Roberto Pfeil) ---Power poles in Germany by Bonn, Monday, Jan. 15, 2007. (AP

    With big companies like BP, Shell and Iberdrola scaling back investment in renewable energy, analysts say governments need to pick up the slack.

  • Is It Time To Speculate? Friday, 17 Apr 2009 | 1:03 PM ET

    President Obama's speech this week about the economy may have given fresh impetus to a special class of business leader—those looking at the recession as an opportunity in which to strengthen their company.

  • Obama's First 100 Days: What He's Done So Far Friday, 17 Apr 2009 | 10:58 AM ET

    Top executives of credit card companies will meet Obama administration officials next Thursday at the White House, as the industry faces the possibility of legislation aimed at curbing deceptive practices, sources familiar with the plans said.

  • Stress-Test Uncertainty Thursday, 16 Apr 2009 | 3:13 PM ET

    Big news today for the banks: The White House and Treasury announced that the economic stress-test results for the 19 largest banks will in fact be made public on May 4.

  • Obama's First 100 Days: What He's Done So Far Thursday, 16 Apr 2009 | 11:54 AM ET

    The Obama administration will disclose details about its banking stress tests and what capital participants may need in a two-stage process beginning next week.

  • Results of Bank Stress Tests To Start Emerging Next Week Thursday, 16 Apr 2009 | 11:48 AM ET

    The  Obama administration will disclose details about its banking stress tests and what capital participants may need beginning next week, CNBC has learned.

  • Obama Calls for High-Speed Rail System Across US Thursday, 16 Apr 2009 | 10:23 AM ET

    President Barack Obama is calling for the country to move swiftly to a system of high-speed rail travel, saying it will relieve congestion, help clean the air and save on energy.

  • Dow Rises Amid Hopeful Signs; Techs Drag Wednesday, 15 Apr 2009 | 5:44 PM ET

    The Dow advanced Wednesday, boosted by an encouraging "beige-book" report from the Federal Reserve, a better-than-expected manufacturing report from the New York Fed and as Procter & Gamble raised its dividend. Techs remained underwater as Intel's lack of guidance rattled the sector.