President Obama says the U.S. has to work with Italy to guard against the use of the territories in Libya as a safe haven for terrorist operations.» Read More
Many economists have concluded that a second dose of government stimulus spending is required to prevent a broad economic unraveling and provide relief to millions of Americans grappling with joblessness, plunging home prices and tight credit.
In a dramatic move yesterday President Bush removed the executive-branch moratorium on offshore drilling. Today, at a news conference, Bush repeated his new position, and slammed the Democratic Congress for not removing the congressional moratorium on the Outer Continental Shelf and elsewhere.
Gramm is co-chair of McCain's campaign, once considered a candidate for Treasury Secretary. His statement that Americans are "whiners" suffering only a "mental recession" was the last thing John McCain needs as he tries to gain the upper hand on the economy.
What follows below is an unofficial transcript of my interview on Kudlow & Company last night with investment banker and former Texas Senator Phil Gramm. Mr. Gramm is a top economic advisor to John McCain.
The Oracle of Omaha is a regular institution at the Allen + Co conference, and always a hot commodity among the media and tech CEOs here. Buffett makes a point to say how much he loves the gathering, especially all the free hamburgers!
Warren Buffett's reputation as a technophobe may be cracking. Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into the 21st century. See the video clip and read the transcript of Julia Boorstin's Sun Valley conversation with Buffett about technology, the economy, Berkshire's stock slide, and Barack Obama's chances in November.
One day does not a full-fledged sector rotation make, but yesterday the big pharma stocks put on a show and in the early going today the curtain hasn't fallen. Pfizer even broke above 18 bucks!
As presumptive Democratic nominee Obama launches his first negative ad of the general campaign, we wanted to check in on the sentiment in the Intrade Political Futures markets towards the presumptive nominees. What do the Intrade prediction markets show? (www.intrade.com)
Sen. John McCain gave two economics speeches in the last 48 hours. They were very strong, pro-growth, and pro-energy production. McCain also is finally slamming Obama on taxes and energy.
What follows below is an unofficial transcript of my interview on Kudlow & Company last night with Carly Fiorina. Ms. Fiorina is the former chairman & CEO of Hewlett-Packard and a senior economic advisor to John McCain.
I’m thinking the Steelers are going to stay in the Rooney family, but there are a couple good reasons why I think it’s a good time to sell and I’ll some it up in one sentence: EVERYTHING IS BIGGER IN TAXES.
As Senator John McCain kicked off a week of economic-themed campaigning here on Monday, it was apparent that some of the underlying tensions between the two schools that guide his economic thinking — the supply-siders who want to cut taxes and the deficit hawks who want to balance the budget — remain unresolved.
Democratic candidates already have plenty going for them this year. Anxiety about the Iraq war is down, but anxiety about the economy is way up. President Bush’s job approval rating is roughly 10 percentage points lower than two years ago before Democrats won the mid term elections.
The growth of social networking sites on the Internet has been a boon to the presidential ambitions of Senator Barack Obama. No surprise, then, that a Facebook founder is playing a key role in Mr. Obama's campaign, the New York Times reports.
What follows below is an unofficial transcript of my interview on Kudlow & Company last night with Jason Furman. Mr. Furman is Barack Obama’s director of economic policy.
There's only one truly reliable source for Barack Obama's thinking for vice president. That's Barack Obama, and he's not talking about it anywhere near me. But I attended a gathering of prominent Democrats and journalists that gives some insight into how political Washington expects him to think.
President Bush was on message Wednesday in a Rose Garden news conference when he kept up the pressure on his a drill, drill, drill offensive. He said he knows Americans are worried about gasoline prices, and said he wants them “to understand fully that we have got the opportunity to find more crude oil here at home in environmentally friendly ways.”
The votes come from the images, and to a lesser extent the knowledge, candidates get from consultations with foreign leaders and speeches on the international stage. They represent the reward voters confer for stature and experience that reassures them their would-be president can handle international crises and keep them safe.
Part of coming together involves money, specifically Clinton helping Obama raise money for the general election and Obama helping Clinton retire her primary debt. Both will cooperate, even if grudgingly.
What follows below is an unofficial transcript of my interview with Sarah Palin on Kudlow & Company last night. Mrs. Palin is is the youngest governor in Alaskan history as well as the first woman to hold the office in the state.