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Barack Obama

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  • Stocks Fall as Consumer Spending Slides Wednesday, 26 Nov 2008 | 11:12 AM ET

    U.S. stocks retreated Wednesday as traders took a breather after a three-day winning streak.

  • Futures Fall as Consumer Spending Slides  Wednesday, 26 Nov 2008 | 9:29 AM ET

    U.S. stocks looked set to edge lower at the open on Wednesday as the positive reaction to the Federal Reserve's plan to buy mortgage-backed securities failed to bolster the futures. 

  • Pros Say: Obama's Plan Won't Rekindle Economy Wednesday, 26 Nov 2008 | 7:31 AM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    With investors hoping President-Elect Barack Obama will come up with a plan to save the economy, experts warn there is no escaping economic cycles.

  • Wall Street: Obama, Bush Need to Take Action Now Tuesday, 25 Nov 2008 | 7:16 AM ET

    Despite their deep political and philosophical differences, Barack Obama and George W. Bush are being counted on by Wall Street to work together in the next two months to tackle the financial crisis.

  • Googling Obama's Economic Team Monday, 24 Nov 2008 | 9:18 PM ET

    Cramer spoke with Eric Schmidt, the CEO of Google who is part of Obama’s transition economic advisory board about this new team and what they’ll do.

  • Optimistic For A Change Monday, 24 Nov 2008 | 7:33 PM ET

    Do you want to know why the stock market was up 396 points today (this on top of Friday's 494 point rally)? Cramer says it's simple.

  • Dow Rallies Nearly 400 as Citigroup Soars Monday, 24 Nov 2008 | 5:04 PM ET

    Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped nearly 60 percent, ending just shy of $6 a share. 

  • Stocks Rally as Investors Cheer Citigroup Rescue Monday, 24 Nov 2008 | 2:01 PM ET

    Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped 60 percent, trading above $6 a share. 

  • Markets To Obama: Where's The Tax Cut? Monday, 24 Nov 2008 | 1:12 PM ET

    Some traders disappointed in Obama speech, but don't kid yourself. While Obama said a net tax cut is "part and parcel of what is needed for stimulus," he also said he was weighing whether to let the Bush tax cuts expire.

  • Thumbnail Profiles: Obama's Economic Team Monday, 24 Nov 2008 | 12:33 PM ET

    President-elect Barack Obama officially announced key members of their economic team today.  The economic team members announced today are listed below:

  • Stocks Get Boost From Citigroup, Home Sales Monday, 24 Nov 2008 | 11:11 AM ET

    Stocks rallied Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. Shares of Citigroup jumped 60 percent, trading above $6 a share. 

  • $1 Trillion Needed for Next Stimulus: Greenberg Monday, 24 Nov 2008 | 10:27 AM ET

    The government eventually will have to pony up $1 trillion in economic stimulus to get the country out of its economic slump, said CV Starr CEO Hank Greenberg.

  • Busch: Nice Job Team Obama Monday, 24 Nov 2008 | 9:40 AM ET

    Since Thursday, the incoming Team Obama (TO) has been hard at work and they have been listening to what the markets have been saying.

  • Citi Rescue Boosts Futures, Bank Stocks Monday, 24 Nov 2008 | 7:57 AM ET

    U.S. stocks looked set for a positive start to the week Monday as investors welcomed news the government had stepped in to backstop troubled bank Citigroup. 

  • Tax Refund Check

    U.S. President-elect Barack Obama may consider delaying a campaign promise to roll back tax cuts on high-income Americans as he works on a huge stimulus plan to counter the worst economic crisis the world has faced in decades.

  • Global Markets Want Catalysts For Buying This Week Sunday, 23 Nov 2008 | 10:13 AM ET

    Many financial assets across the world are looking cheap after the market ructions of the past year but investors in general have yet to rediscover the impulse to buy.

  • Economic Team Obama: Will It Help Settle Markets? Sunday, 23 Nov 2008 | 9:59 AM ET
    Financial Crisis

    President-elect Barack Obama will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Council, transition officials said.

  • American, Asian Leaders Push Free Trade To End Crisis Saturday, 22 Nov 2008 | 6:51 PM ET

    U.S. President George W. Bush, Chinese President Hu Jintao, Japanese Prime Minister Taro Aso and other members of the 21-nation Asia-Pacific Economic Cooperation group, or APEC, said they would refrain from raising trade barriers over the next 12 months.

  • Obama Warns On Economy: Works On Stimulus Plan Saturday, 22 Nov 2008 | 10:48 AM ET
    Barack Obama

    U.S. President-elect Barack Obama said Saturday he was crafting an aggressive two-year stimulus plan to revive the economy, warning that swift action was needed to prevent a deep slump.

  • Out with Cox, in with Uptick Rule Friday, 21 Nov 2008 | 11:29 PM ET

    There's one specific decision, Cramer believes, that President-elect Obama can make that would have immediate positive effects and "restore stability and credibility to our stock market" -- without costing a dime! It could even stop the "endless incredible pummeling of stocks." What's this miracle move, you ask? Simple: he should replace SEC Chairman Chris Cox.