Rep. Kevin Brady, chairman of the Joint Economic Committee, (R-Texas), weighs in on President Obama¿s views on tax inversions and tax reform. Brady says inversions will stop when the broken tax code is fixed.» Read More
Front-runner Barack Obama turned to wrapping up the Democratic presidential nomination after a party committee dealt rival Hillary Clinton a blow by seating the disputed Michigan and Florida convention delegations at half-strength.
Year-over-year real GDP is 2.5 percent. Incidentally, brand new numbers on profits show a much-stronger-than-expected gain. Profits are the mother’s milk of stocks and the economy. So this is very positive.
The coal story is so important simply because the U.S. has massively undeveloped coal resources. With 27 percent of the world’s coal reserves estimated at 270 billion tons, the U.S. is the Saudi Arabia of coal. And yet cap-and-trade would destroy this critical sector.
For most of the 2008 primaries, the Clinton and Obama constituencies have remained remarkably stable. While the Illinois senator, has energized young voters, African Americans and affluent liberals, his rival from New York has dominated among women, Hispanics, older voters and blue collar whites.
Polls are mixed on the McCain-Obama race for president. But there are some good things coming out of the McCain story. First on the polls: Rasmussen has McCain four points ahead, 46-42.
One of the things we’ve learned during the Democratic primary battle is that Hillary’s victories are bullish for stocks and Obama’s wins are bearish.
Barack Obama passed a major milestone to move within reach of the U.S. Democratic presidential nomination on Tuesday, but rival Hillary Clinton refused to surrender.
Shorting Buffett: Yogi Berra once said, 'Even Napoleon had his Watergate.' And in the case of Warren Buffett, his Watergate is an investment style drift which is really a no-no in the money management business. You have to stick to your knitting.
Sen. Joe Lieberman gave a brilliant speech last night at Commentary magazine’s annual dinner at the University Club in New York. It was one hell of a great talk. Joe Lieberman was incredibly impressive. Absolutely brilliant.
Up until last month, AMGN had been atop the list of pharmaceutical manufacturer donors and PFE was in a close second. But the CRP says they flip-flopped in the most recent month that figures are available. So far, in the 2008 election cycle, Pfizer's given $862,000 to candidates and Amgen has forked over $852,000.
Republican presidential candidate John McCain Monday vowed to aid small farmers by targeting agricultural tariffs and subsidies doled out to agribusiness.
Democrat John Edwards is endorsing former rival Barack Obama, fresh signs of the party establishment embracing the likely nominee even as Hillary Rodham Clinton refuses to give up her increasingly long-shot candidacy.
Hillary Clinton scored a big victory over front-runner Barack Obama in West Virginia on Tuesday, but it could be too little and too late to stop his march to the Democratic presidential nomination.
Some notable quotes from last night's Kudlow & Company: Overcoming the Obama Effect The only way you overcome the Obama effect is not with atmospherics—he’s going to outdo you on eloquence and that kind of thing. The only way you can do it is with substance.
As far as the Intrade pay-to-play prediction market is concerned, Senator Obama has enjoyed a considerable surge since Tuesday’s primaries. Take a look.
The day after North Carolina and Indiana the Intrade pay-to-play betting odds in the race for president show Obama at 54 percent and McCain at 38 percent. But wait — it gets worse. The Democrats are favored to win the House and Senate by over 90 percent.
Barack Obama scored an easy win in North Carolina on Tuesday to take a big step toward the Democratic presidential nomination, while Hillary Clinton scraped through a narrow victory in Indiana that keeps her faint White House hopes alive.
This fuel could be the key to America's energy independence, he says.
The primaries today in Indiana and North Carolina will be important markers of whether there's been a fundamental shift in the Democratic nomination fight between Barack Obama and Hillary Clinton.
Hillary’s Wall Street bashing is a giant cheap shot and a big disappointment from the junior senator from New York. After all, Wall Street is the heart of the New York economy. It supplies an enormous volume of tax collections to finance city and state experiments in socialism and welfarism.