U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said.» Read More
Amid the dozens of pages of details of the Obama mortgage modification plan, one new element will likely not make it into the headlines because it’s something of an afterthought, but...
The Obama administration Wednesday gave lenders the green light to begin modifying home mortgages under a new $75 billion program aimed primarily at people facing imminent financial hardship.
When stocks go down, we financial journalists get a lot of hate mail. People lose money, they get cranky and they want someone to blame. We understand. And, in that spirit, we're offering this hilarious list of CNBC "separated at birth" comparisons. Go ahead. Laugh with us. Laugh at us. We're here for you.
Stocks rebounded off of 12-year lows Wednesday after the Obama administration launched its mortgage-rescue plan to help millions of struggling homeowners stay in their homes. The market shrugged off a bleak beige-book report and barreled higher in afternoon trading.
Borrowers are being advised to be patient in their efforts to get help because mortgage companies are likely to be flooded with calls.
Stocks rebounded off of 12-year lows Wednesday after the Obama administration launched its mortgage-rescue plan to help millions of struggling homeowners stay in their homes.
At the risk of redundancy I'll ask it again: Is he? Is President Obama effin' CRAZY? President Obama blames the continuing global financial crisis for the unmitigated carnage on Monday, when the Dow fell below 7000 and closed down 300 points (or 4.2%) at a 12-year low of 6763.
The proposal in the budget to reduce the deductibility both of mortgage interest payments and of charitable donations is likely to be particularly counterproductive to two sectors of the economy most needing help at this time, namely housing and not-for-profits, says Patricia Chadwick.
I can't argue with President Obama's investment advice — a long-term strategy of investing is always wise, and confidence in the future is an important element of any recovery — but jawboning investors to buy won't fix what's ailing this market, says Tony Fratto
After President Obama quipped that companies accepting taxpayer bailouts shouldn’t go to Las Vegas, the city responded with a collective, “What are we, chopped liver?” Mayor Oscar Goodman wrote the President a letter asking him to “rectify what I consider a wrong…I haven’t heard back from him yet.”
US stocks index futures made a tentative push higher ahead of the open Wednesday as investors braced for the latest round of economic data and looked for direction from Treasury Secretary Timothy Geithner.
Nationalizing banks is a slippery slope which won't do the mired down economy any good, says Wilbur Ross, chairman and CEO of WL Ross & Co.
The Obama administration is doing a much better job with regards to the dealing with the economic crisis than its predecessor says Wilbur Ross, chairman and CEO of WL Ross & Co.
Gold isn't the only precious metal. Cramer offers another way to protect your portfolio.
If Press Secretary Robert Gibbs needs proof that President Obama's spending plans are hurting the markets, then he should look at the Dow. Or the S&P 500. Or the Nasdaq...
For all the US intervention into business and markets, there’s one thing it still can’t do to stop the bleeding in the financial system.
President Barack Obama enjoys robust support from the American public, but a new NBC News/Wall Street Journal poll suggests potential bumps ahead for his ambitious domestic agenda.
The Senate voted overwhelmingly Tuesday to preserve thousands of earmarks in a $410 billion spending bill, brushing aside Sen. John McCain's claim that President Barack Obama and Congress are merely conducting business as usual in a time of economic hardship.
As investors grapple with the worst market since 1996, the President says stocks are a good deal.
Members of the General Motors bondholders committee will be meeting with President Barack Obama’s auto task force on Thursday in Washington, CNBC has confirmed.