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
Warren Buffett heads to Chicago next week as the prime attraction at a pair of fund-raising events on behalf of Barack Obama's White House bid.
The Republican presidential nominee-in-waiting is proposing a $300 million government prize to whomever can develop an automobile battery that far surpasses existing technology.
The US move to biofuels has been a remarkably successful experiment in renewable energy promotion despite its inadvertent, and probably exaggerated, effect on higher agricultural prices. But the industry's future lies in next generation, non food-derived biofuels.
The stock market plunged 170 points this morning and oil jumped over $3, allegedly based on a New York Times story that Israel is carrying out military exercises as a rehearsal to bombing Iran. But actually, the Times story, written by the very able war correspondent Michael R. Gordon, is talking about Israeli training exercises from early June, not now.
Barack Obama faced a difficult choice for the fall campaign. He could follow through on his commitment to strike a deal with John McCain on remaining within the public financing system for the general election, or he could opt out of the system and cash in on the huge financial advantage he has displayed over John McCain.
Warts and all, John McCain’s flip-flop on offshore drilling is a very welcome development. When circumstances change, political leaders should change their policies. And $4 at the pump and $140 in the open market is certainly enough changing circumstances to warrant McCain’s constructive shift on offshore drilling.
Democrat Barack Obama said he would consider trimming corporate tax rates as part of a simplification of the U.S. tax code if he is elected to the White House, the Wall Street Journal reported Tuesday.
I had a visit on Power Lunch today and we talked about the effect on the health care stocks depending on who wins the White House. In general, pharmaceutical companies do well when they have a new product pipeline of innovative products that allow them to command high prices.
As the American media's leading political analyst, he played a role far beyond the viewership of NBC's "Meet the Press." Grilling candidates respectfully, moderating debates fairly, interpreting election results with the insight of a former political operative...
In recent days the Republican standard bearer gave a really strong supply-side taxpayer-friendly speech, hitting all the right notes. Undoubtedly his best economic statement of the campaign to date.
Democrat Barack Obama leads Republican John McCain by 47%-41% in the 2008 race for the White House, according to the first NBC News/Wall Street Journal poll conducted after Mr. Obama wrapped up the Democratic presidential nomination.
A former CEO leading Barack Obama's search for a vice presidential candidate resigned abruptly Wednesday after questions about his home mortgage deals became a distraction for a candidate who argues he's not influenced by special interests.
Democrat Barack Obama leads Republican John McCain by 47 percent to 41 percent in the 2008 race for the White House, according to the first NBC News/Wall Street Journal poll conducted after Mr. Obama wrapped up the Democratic presidential nomination.
A couple of my colleagues back at CNBC headquarters thought Obama looked subdued and serious during the interview. "He needs to lighten up," one of them said. But of course they didn't the Obama I saw off camera, who was plenty loose.
The Republican candidate for president embraced low-tax-rate incentives to grow the economy, promising a combination of pro-growth tax reform and simplification along with significant spending restraint.
Tuesday night on Larry Kudlow's show was interesting as always but a couple of issues stood out. Sean Tully of Fortune Magazine opined that oil could fall back to a range of $50-70 before too long.
It's been a year since I started reporting on "the biggest defense contract of 2007," except now it'll be "the biggest defense contract of 2008." Or maybe 2009. The $35 tanker deal has taken more odd turns than a lost UAV, including...
Public worry number one is now oil, jobs, and the economy, with the inflationary woes of the U.S. dollar right underneath. The candidate who can connect with these issues will win in November. But so far neither Obama nor McCain are dealing with the new political reality.
Skyrocketing oil and gas pump prices have become public enemy number one on the economics front, and politically priority number one out on the campaign trail. (Though neither Obama nor McCain have really connected with the public’s desire to drill and produce more oil as a way of getting gas prices down.)
As he campaigned against racial integration in the 1960s, George Wallace complained "there's not a dime's worth of difference" between the Democratic and Republican parties. But nowadays that's only true in primary elections.