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Barack Obama

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  • Stocks Skid as Focus Shifts to Economy Wednesday, 5 Nov 2008 | 3:28 PM ET

    Stocks declined Wednesday as a layer of uncertainty was removed with the presidential election complete, leaving the market to return to worrying about the economy.

  • Taxes

    More people at the top of the ladder retiring means more promotions for those of us who are on the lower rungs. Forget about redistributing the wealth, higher taxes on high earners should lead to better jobs for young people like us who are waiting for our elders to retire so we can work our way up the corporate food chain.

  • Obama Wins - What Now for the Markets? Wednesday, 5 Nov 2008 | 2:06 PM ET

    Senator Barack Obama is now the President-Elect of the USA and one day later, the markets are down over 3%.  Is this typical?

  • Obama Proposes Ambitious Health Care Plan Wednesday, 5 Nov 2008 | 1:31 PM ET

    President-elect Barack Obama has proposed an ambitious plan to reform U.S. health care and get insurance for at least some of the 46 million Americans who now lack it.

  • Obama "Bounce": Why It's Not Bouncing Wednesday, 5 Nov 2008 | 1:13 PM ET

    The average stock is down about 2.5 percent midday, with particularly weakness in some commodity and energy names. ArcelorMittal's announcement they would be cutting steel production is weighing on steel, iron ore, and coal companies.

  • Busch: Congrats Mr. Obama, Now Get To Work Wednesday, 5 Nov 2008 | 12:59 PM ET

    Welcome to a new world and a new world leader. The expectations are high and the challenges are great. Let's start with some of those expectations. From his editorial in USA Today yesterday, here are the new President-Elect's promises:

  • See What People Are Saying About... Obama And The Economy Wednesday, 5 Nov 2008 | 12:52 PM ET

    Do you feel more optimistic about the economy now that Barack Obama has been elected president?

  • FDA Commissioner: Betting Starts On Who Obama Will Pick Wednesday, 5 Nov 2008 | 12:20 PM ET
    Barack Obama

    Even before the results of the election were official there was already speculation in the blogosphere about who might become the next Commissioner of the Food and Drug Administration under a President Obama.

  • President-Elect Obama's Positions on Trade Wednesday, 5 Nov 2008 | 12:16 PM ET

    U.S. President-elect Barack Obama has pledged to move ahead with the Doha round of world trade talks and to work to strengthen labor and environmental protections in the North American Free Trade Agreement.

  • Obama's Cabinet: Who Might Fill Some Key Roles Wednesday, 5 Nov 2008 | 12:03 PM ET
    Sen. Barack Obama, D-Ill., answers a question during the first Democratic presidential primary debate of the 2008 election hosted by South Carolina State University in Orangeburg, S.C., Thursday, April 26, 2007. (AP Photo/J. Scott Applewhite)

    U.S. President-elect Barack Obama has no time to waste.  Two wars and a deepening financial crisis have raised expectations that he will quickly announce picks for senior government jobs after winning Tuesday's presidential election.

  • Obama's Energy Policies At A Glance Wednesday, 5 Nov 2008 | 11:49 AM ET
    Barack Obama

    Energy was a major issue in the U.S. presidential campaign after high gasoline prices added to consumer woes this year and candidates pledged to reduce America's dependence on foreign oil. Here is a look at the energy plan of President-elect Barack Obama.

  • Stocks Slide as Election Fervor Fades Wednesday, 5 Nov 2008 | 11:48 AM ET

    It was back to business for Wall Street Wednesday.  Stocks opened lower as the market got the certainty it craved with presidential election over and returned to the regularly scheduled program of worrying about the economy.

  • Optimistic Jobseekers "Electing" A Come Back? Wednesday, 5 Nov 2008 | 11:42 AM ET

    Regardless of what they may think of our governmental policies, when foreigners describe “average” Americans, they frequently remark upon our determined positivity. In fact, to the outsider, American rosiness can seem rather naïve, a bit forced and not infrequently annoying.

  • What Obama Is Inheriting—And What He Might Do Wednesday, 5 Nov 2008 | 11:23 AM ET
    Barack Obama

    Barack Obama's election victory comes with an albatross of a prize—an economy beset by a stubborn housing slump and the worst financial crisis in 70 years

  • Chandler: No Clear Market Reaction to Obama Wednesday, 5 Nov 2008 | 9:26 AM ET

    left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/chandler_marc_100.jpg110010055lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse It is difficult to detect a clear market reaction to the US electoral results.  The US dollar is broadly firmer, but after yesterday's big setback, it seems largely technical in nature.

  • Futures Fall, Election Fervor Short-Lived Wednesday, 5 Nov 2008 | 9:14 AM ET

    It was back to business for Wall Street Wednesday. U.S. stock index futures pointed to a lower open as investors worried again about the economy after Sen. Barack Obama's victory in presidential elections.

  • Pros Say: Obama Win = Oil Up, Dollar Down Wednesday, 5 Nov 2008 | 5:04 AM ET

    On the day the U.S. welcomed its 44th president, European markets opened lower as the focus returned to the slowing economy. CNBC's experts weigh in on what Democratic candidate Barack Obama's victory means for the markets and the economy going forward.

  • It's All Over But the T-Shirts Wednesday, 5 Nov 2008 | 1:25 AM ET

    While the celebrating started in Chicago and elsewhere, here in the ballroom at McCain headquarters the crowd wasn't aware that the major networks had declared Barack Obama the next President.

  • And So It Goes ... Tuesday, 4 Nov 2008 | 11:19 PM ET

    While the celebrating started in Chicago and elsewhere, here in the ballroom at McCain headquarters the crowd wasn't aware that the major networks had declared Barack Obama the next President.

  • Five Economic Challenges Ahead For Obama Tuesday, 4 Nov 2008 | 11:12 PM ET
    Barack Obama & John McCain

    In his run to win the presidency, Barack Obama spoke extensively of reversing the Bush administration's economic plans and taking the country out of recession.