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Barack Obama

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  • Dow Slides Into February; Techs Gain Monday, 2 Feb 2009 | 5:16 PM ET

    Stocks started off February mixed as banks took a hit from worries about the so-called "bad bank" plan, while techs got a boost from anticipation that they will benefit from government spending on tech and telecom infrastructure.

  • The Gregg Factor Monday, 2 Feb 2009 | 4:55 PM ET

    So why would the estimable Sen. Judd Gregg (R., N.H.) quit his job to become commerce secretary in the Obama administration?

  • No Reason to Buy Stocks? Why You Might Be Wrong Monday, 2 Feb 2009 | 4:29 PM ET
    Wall Street Trader

    Investors may be waiting a long time for stocks to rebound, but that doesn't mean they have to sit on their hands.

  • A closer look at the huge package of spending measures and tax cuts shows that many special items still got inserted into the measure

  • Stocks Falter Amid Worries About Stimulus Monday, 2 Feb 2009 | 2:28 PM ET

    Stocks started February in the red amid worries about the fate of the stimulus plan and the economy but pared their losses after a better-than-expected reading on the manufacturing sector.

  • Obama to Target CEO Pay Ahead of 'Bad Bank' Plan Monday, 2 Feb 2009 | 1:47 PM ET

    The Obama administration indicated that it will not unveil new measures to aid the financial industry until next week but will move first on the issue of Wall Street bonuses and executive compensation.

  • See What People Are Saying About... Big Bonuses Monday, 2 Feb 2009 | 12:57 PM ET

    The Obama administration indicated Monday that it will move on the issue of Wall Street bonuses and executive compensation as soon as this week...

  • Daschle Suddenly Withdraws From HHS Post Monday, 2 Feb 2009 | 12:40 PM ET
    Tom Daschle

    Former Senator Tom Daschle has withdrawn his name for Secretary of Health and Human Services. The action comes after Daschle admitted failure to pay past taxes.

  • Stocks Falter Amid Worries About Stimulus Monday, 2 Feb 2009 | 12:10 PM ET

    Stocks started February in the red amid worries about the fate of the stimulus plan and the economy but pared their losses after a better-than-expected reading on the manufacturing sector.

  • Bonus War: Wall Street vs. Main Street Monday, 2 Feb 2009 | 9:53 AM ET

    Last week in this space I blogged about compensation and a possible “class war” in the offing. Sadly, within days my prediction came true.

  • One Month Down, Two To Go For GM And Chrysler Monday, 2 Feb 2009 | 9:36 AM ET
    General Motors

    For GM and Chrysler, this is when the good stuff will start happening. After a month of seeing relatively little from GM and Chrysler about how they plan to restructure their operations, we could be on the verge of a couple busy months.

  • The Weakest Link Monday, 2 Feb 2009 | 9:28 AM ET

    With European bourses down 2 to 3 percent on the first day of February, it's little wonder that European banks are again the weak link, with ING, UBS, HSBC and Barclays down 5 to 8 percent pre-open.

  • Futures Fall as Economic Fears Mount Monday, 2 Feb 2009 | 8:33 AM ET

    US stock index futures pointed to a further slump at the open Monday as investors braced for another round of dire economic indicators along with the next batch of corporate earnings. 

  • Obama to Unveil CEO Pay Plan, 'Bad Bank' Delayed Sunday, 1 Feb 2009 | 10:05 PM ET

    The Obama administration will not unveil new measures to aid the financial services industry this week as had been expected. Instead the issue of Wall Street bonuses and executive compensation will be addressed, an industry source says.

  • The Obama administration and financial industry representatives are discussing  new terms on lending transparency and executive compensation for companies receiving financial aid with an announcement likely this week.

  • Despite Layoffs, Government Work Force Growing Saturday, 31 Jan 2009 | 10:40 AM ET
    Downsizing

    Companies are cutting jobs by the tens of thousands. State and local governments are penny-pinching, too. So what about Uncle Sam?

  • North Dakota Senator: Obama Plan 'Misses the Mark' Friday, 30 Jan 2009 | 9:00 PM ET

    Cramer isn't the only person finding fault with the new president's spending bill. Here is what Kent Conrad wants changed.

  • Listen up, Mr. President. Cramer's got a plan for the banks. Plus, survival strategies for investors.

  • The Good, the Bad & the Ugly Friday, 30 Jan 2009 | 8:39 PM ET

    Not all the president’s men are worth owning, Cramer says. Check out his company-by-company review of Barack Obama’s economic support team.

  • Stocks Log Worst January Ever Friday, 30 Jan 2009 | 6:08 PM ET

    Stocks declined as uncertainty about the government's so-called "bad bank" plan rattled the market.