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Barack Obama

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  • Obama's First 100 Days: What He's Done So Far Thursday, 2 Apr 2009 | 10:18 AM ET

    Leaders from around the globe made headway Thursday on tackling the world's worst financial crisis since the 1930s, with signs of agreements to give more money to the International Monetary Fund, clamp down on tax havens and tighten regulation over freewheeling hedge funds.

  • Farrell: A Nice Way To Start A New Quarter Thursday, 2 Apr 2009 | 10:04 AM ET
    G20

    The word in London was to not look like a banker but to wear blue jeans so as to be able to get to and from work without incident during the G20 meeting. Probably good advice, but of no help to our President, who had to dress up and face the hostile world as leader, not candidate, for the first time.

  • Busch: The G20 Surprise Thursday, 2 Apr 2009 | 9:41 AM ET
    Andrew Busch

    The draft G20 statement apparently has everything for everyone and the euphoria in the markets is palpable with equity markets rallying strongly, bond yields are higher, and the US dollar is lower.

  • FASB Unveils Relaxed Mark To Market Rules Thursday, 2 Apr 2009 | 9:06 AM ET

    The Financial Accounting Standards Board has voted to relax the fair-value accounting rules - allowing banks to mark securities to a model rather than to market prices, according to reports.

  • Stocks Close Higher on Housing, New Bank Rules Wednesday, 1 Apr 2009 | 4:17 PM ET

    Stocks closed higher as some mildly optimistic economic news helped Wall Street begin the second quarter on a positive note.

  • Detroit Automakers' Sales Fall, but Less Than Feared Wednesday, 1 Apr 2009 | 3:29 PM ET

    March sales fell sharply for General Motors, Ford Motor and Chrysler, but not as much as industry analysts had feared for any of the companies. Sales of Japanese automobiles also fell, though less steeply than they did for U.S. automakers.

  • Fed's Move To Lower Mortgage Rates May Backfire Wednesday, 1 Apr 2009 | 2:01 PM ET
    California Suburbs

    Though housing still faces major headwinds, including foreclosures and unemployment, a number of positive forces may finally be enough to form a market bottom.

  • General Motors: Bankruptcy or Bust? Wednesday, 1 Apr 2009 | 1:49 PM ET

    Auto industry legends weigh in on President Obama’s push for the right solution.

  • What's Behind The Rally Wednesday, 1 Apr 2009 | 11:55 AM ET

    A strong mid-morning rally. While ISM a tad better than expected helped at 10 AM ET, and pending home sales were also "less worse" than expected, don't kid yourself.

  • Automakers Set to Report Weak March Sales Wednesday, 1 Apr 2009 | 11:28 AM ET

    Automakers were set to release their March U.S. vehicles sales on Tuesday amid continued uncertainty about the future of U.S.-based car makers.

  • Tobacco Regulation by FDA Set to Pass House Vote Wednesday, 1 Apr 2009 | 11:28 AM ET
    Cigarettes

    The House is set to pass legislation that would for the first time give the Food and Drug Administration the authority to regulate cigarettes and other tobacco products.

  • Obama's First 100 Days: What He's Done So Far Wednesday, 1 Apr 2009 | 10:49 AM ET

    U.S. President Barack Obama said on Wednesday there was "enormous consensus" between the world's largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.

  • Economic Recovery 'Has Long Way to Go': Feldstein Wednesday, 1 Apr 2009 | 10:46 AM ET

    The economy is headed for a “very long and damaging economic downturn” that will not see any recovery in 2009, said Harvard University professor Martin feldstein on Wednesday.

  • Busch: April's Cruelest Joke Wednesday, 1 Apr 2009 | 10:35 AM ET
    Andrew Busch

    Did anyone notice how grumpy all the financial CEOs looked after meeting with President Obama last Friday? The meeting must have been quite unpleasant as the Obama administration is informing these private sector giants that they need to change the way they are running their business.

  • Baccardax: G20 Needs to Keep it Real Wednesday, 1 Apr 2009 | 10:12 AM ET

    Why should we pay attention to four-and-a-half hours of debate followed by highly choreographed photo ops and a communiqué that most of us could have cobbled together on the back of a swanky hotel envelope?

  • Stocks Down On GM Concerns & Jobs Wednesday, 1 Apr 2009 | 9:31 AM ET

    Late evening reports that President Obama has concluded bankruptcy for GM is the most likely course of action (apparently leaked by Congressional members) was no surprise to most traders in GM and analysts, who had come to that conclusion on Monday.

  • Fratto: G-20 Distractions Wednesday, 1 Apr 2009 | 9:01 AM ET

    left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg1100100010lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse Two extraneous issues have wormed their way into the G-20 Economic Summit agenda this week. Neither have anything to do with the present financial crisis, but a lot to do with domestic and international politics.

  • Futures Head Lower on Jobs Weakness Wednesday, 1 Apr 2009 | 8:31 AM ET

    US stock index futures pointed to a lower open for Wall Street after economic news showed steepening pressure in the jobs market.

  • Obama's Thinking on GM, Chrysler Is Unchanged Tuesday, 31 Mar 2009 | 9:19 PM ET
    GM Bailout

    The president's position on GM has not changed since Monday, a senior administration official said when asked to comment on a  Bloomberg report which said Obama had determined a prepackaged bankruptcy was the best way for GM to restructure.

  • Stocks End Bad Quarter On Positive Note Tuesday, 31 Mar 2009 | 4:51 PM ET

    Stocks closed out a tough quarter on a positive note, helped by gains in technology and big banks.