Action moves to the Senate after the perennially divided House approved a $16 billion bill for veterans health care.» Read More
It's becoming fashionable now to blame Treasury man Hank Paulson for allowing Lehman to go down and thus for precipitating the credit freeze and stock market plunge of the past month or so.
Health care has returned as a central issue in the final weeks of the presidential campaign.
Democratic candidate Barack Obama has widened his lead over Republican John McCain in the race for the White House, propelled by rising voter approval of his personal characteristics and his handling of economic issues, a new NBC News/Wall Street Journal poll shows.
As we close in on the presidential election, most polls are showing Obama in the lead, and the Intrade markets currently show Obama with a higher probability of winning the presidency. www.intrade.com)
Barack Obama and John McCain will both pursue the image of a strong leader in troublesome economic times as they meet Wednesday night for their third and final presidential debate.
It certainly wasn’t the big-bang across-the-board tax-reform and tax-cut plan that I and others lobbied for. But John McCain’s “Pension and Family Security Plan” unveiled today on the campaign trail does have some solid pro-growth nuggets.
Big CEOs (Lloyd Blankfein from Goldman, John Mack from Morgan Stanley and Vikrim Pandit from Citigroup) are all meeting with officials from the Fed and Treasury at this moment to agree on a financial market stabilization initiative.
Earlier this year, independents were a strength for both John McCain and Barack Obama. But as Election Day approaches, independents are sounding more like Democrats than Republicans on the campaign's overarching issue, the reeling economy.
When Senator Barack Obama began speaking about the economy on Wednesday, it sounded, at first, as if ghastly news was coming.
While the presidential candidates were debating in Nashville on Tuesday night the Asian stock markets were selling off by 10 percent. Earlier in the day the U.S. market plunged by 500 points. These were big-time drops, yet presidential debaters never talk about the stock market. Nashville was no exception.
The day after a political debate it seems appropriate to examine just what this presidential campaign means for the TV biz. First, to the debate itself, in which both candidates spent quite a bit of time addressing the plummeting stock market and the financial meltdown, which also surely drove viewers to tune in.
Warren Buffett's name was mentioned during last night's debate by both John McCain and Barack Obama as a potential Treasury Secretary, but it seems extremely unlikely Buffett would ever give up Berkshire Hathaway and Omaha and relocate to Washington.
Since there should really be no compelling reason to blog or report on Dendreon and Provenge for quite awhile, here's one last hurrah.
Governments around the world tried to contain the fast-spreading credit crisis, but stock, bond and commodity markets saw investors bet on a sharp downturn.
The McCain and Obama presidential campaigns traded accusations of mudslinging Monday in the wake of new ads dredging up infamous events from 20, 30, even 40 years ago.
I sure hope Sarah Palin talks at some length about drilling in tonight’s debate with Sen. Joe Biden. Palin is an energy expert. And if she is unleashed she can score major points against her opponent, who has opposed every expansion of oil, gas, and nuclear down through the years
Alaska Gov. Sarah Palin portrayed herself Tuesday as a champion of everyday people while noting her family's stock portfolio took a $20,000 hit last week.
If the markets and the election want to make you tear your hair out...here's a much better alternative: laugh. First off--politics. I highly recommend the latest edition of "National Review", where Rob Long, who used to write for "Cheers", has an "article" on suggested reading for pre-teen girls.
The single-biggest mistake in the Paulson bank-rescue-plan marketing effort has been the failure to explain clearly how taxpayers are going to recoup $700 billion used to buy toxic assets at auction in order to unfreeze the banking system.