Barack Obama


  • $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.

  • Fast & Furious: It's All About Soup Friday, 21 Nov 2008 | 10:10 PM ET

    Here's our Fast Money Fast & Furious trades. A look ahead at what will be moving the markets on Monday.

  • What to Expect From a Geithner-led Treasury Friday, 21 Nov 2008 | 8:41 PM ET

    With the market appearing to pop right after the news of Timothy Geithner taking over for Hank Paulson as Treasury Secretary in the upcoming Obama administration, what exactly does the market like about the pick.

  • In the past we've had some harsh words about Tim Geithner, the President of the New York Fed and now Barack Obama's choice to head the treasury department. As Jim said on tonight's show, however, we're going to keep an open mind and give Geithner a chance. Jim predicted Geithner would get tapped for Treasury, and though we had hoped for someone else, we're giving Geithner the benefit of the doubt.

  • Wall Street Cheers Choice Of Geithner for Treasury Friday, 21 Nov 2008 | 6:42 PM ET
    Treasury Secretary Timothy Geithner

    The choice of Timothy Geithner to be the next Treasury Secretary was greeted enthusiastically on Wall Street and sparked a huge rally in stocks.

  • Talks on Clinton as Secretary of State 'On Track' Friday, 21 Nov 2008 | 4:47 PM ET
    Hillary Clinton

    A spokesman for Hillary Rodham Clinton says the New York senator is still in discussion over whether to accept the secretary of state's job, though the talks are "very much on track."

  • Clinton to Accept Secretary of State Job Friday, 21 Nov 2008 | 3:05 PM ET
    Hillary Clinton

    Hillary Rodham Clinton has decided to give up her Senate seat and accept the position of secretary of state, the New York Times reports.

  • Hillary Clinton and Barack Obama

    U.S. President-elect Barack Obama is on track to nominate Hillary Rodham Clinton as secretary of state after Thanksgiving, CNBC's John Harwood confirmed Thursday.

  • Who Will Be the Next Treasury Secretary? Thursday, 20 Nov 2008 | 4:53 PM ET

    Who will be the next Treasury Secretary? The debate and speculation continues.

  • Busch: With Faith Lacking, Fear Remains The Religion Thursday, 20 Nov 2008 | 9:57 AM ET
    Andrew Busch

    There is a void in government leadership in the United States. As we know, Congress doesn't fill it very well and outgoing Bush administration is hamstrung by a new incoming administration

  • Market Condition: Critical! Wednesday, 19 Nov 2008 | 10:38 PM ET

    You could hear the screams on Wall Street (and perhaps a few sighs of relief that the bloodletting was over -- for today at least) when the Dow closed down 427 points -- to a level BELOW 8,000 for the first time in over five years. The market's in "critical condition," says Cramer, and likens it to a "hospital emergency room."

  • Dow Ends Below 8,000, More Than 5-Year Low Wednesday, 19 Nov 2008 | 5:21 PM ET

    Stocks plunged to a more than five-year low amid worries about the fate of the auto industry — and the economy — as a bailout for the sector grows increasingly unlikely.