Action moves to the Senate after the perennially divided House approved a $16 billion bill for veterans health care.» Read More
The Obama administration will disclose details about its banking stress tests and what capital participants may need beginning next week, CNBC has learned.
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.
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.
Protesters began gathering at state Capitols and in neighborhoods and town squares across the country Wednesday to kick off a series of tax-day protests designed to echo the rebellion of the Boston Tea Party.
It should come as no surprise to anyone, given that the banks, Fannie and Freddie and several states had foreclosure moratoria that recently expired. Everyone was waiting to see the Obama plan for troubled loans, and once the Making Homes Affordable plan was set in motion, the moratoria were mostly lifted. Of course it begs the question, how exactly are those Obamamods doing?
Despite signs that the recession is easing, the economy still has a long way to go before it recovers, well-known economist Martin Feldstein told CNBC in a live interview.
President Obama promised to rewrite the "monstrous" U.S. tax code as protesters marked April 15 with so-called "tea parties" to criticize Obama's tax policies.
Stocks opened lower Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks and a warning from Wal-Mart hit the broader indexes.
I'm just on the shuttle coming back from Boston having spent the day visiting clients. I find it so helpful to have a day being questioned about my views by very smart people. It makes you think and come away more sure of opinions or, as often, get some additional insight as to other viewpoints.
left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg1100100010lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse I can't stress this enough: the idea of publicly releasing big bank stress test results — in any form — is, well... distressing.
President Barack Obama seized the opportunity on tax-filing day to assert that his administration is easing the tax burden of working people.
Stock futures indicated a mixed open Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks.
Don’t look now, but those battered banks may just survive after all—if only our federal government would let them get out of jail.
Some of the largest mortgage companies in the US are stepping up foreclosures on delinquent homeowners, and will likely lead to more Americans losing their homes, the Wall Street Journal reported Wednesday.
The Obama administration is drawing up plans to disclose conditions of the 19 biggest banks in the country, according to senior administration officials.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
The Stock Market is up over 23% in 35 days. If someone had told you on March 9th as the Dow was trading at 6,547 that ‘you should put your money in the market right now if you want to make 23%,’ what would you have done?
Stocks opened lower Tuesday after a report showed retail sales unexpectedly dropped — and dropped sharply — in March. But Citigroup, Bank of America and General Motors advanced.
President Barack Obama is juggling a glass-half-full take on the economy with a determination to not be seen as naive about problems still washing over the business landscape.
Today at 11:30 AM ET, President Barack Obama is going to give a "major" speech on the economy. Not waiting for the speech, President Obama's economic adviser Christina Romer already is hitting the morning talk shows and lowering expectations for any "major" improvements in the economy any time soon.