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Barack Obama

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  • Obama immigration plan good, not great for economy Saturday, 22 Nov 2014 | 9:01 AM ET

    WASHINGTON— President Barack Obama's expansive executive action on immigration is good for the U.S. economy— just not as good as partnering with Congress on broader reforms. "This is focused on people who are already in the economy today, who are contributing mightily but are basically operating in the shadows," said Raul Hinojosa-Ojeda, a professor at the...

  • Analysis: Veto gives Obama edge on immigration Saturday, 22 Nov 2014 | 3:48 AM ET

    "We alone, I say it openly, we the Senate are waiting in our duty to stop this lawless administration and its unconstitutional amnesty," said one of them, Sen. In remarks on the Senate floor, according to his office, he was channeling Cicero, the ancient Roman orator. House Speaker John Boehner and Senate leader Mitch McConnell want none of that.

  • President Barack Obama' s executive action easing the threat of deportation for 4.7 million undocumented immigrants is unlikely to cover many of those eligible because of practical hurdles, immigration lawyers said. Only 44 percent of the 1.2 million eligible immigrants under the 2012 order had been approved after two years, according to the Migration...

  • LAS VEGAS, Nov 21- President Barack Obama defended his decision to bypass Congress and overhaul U.S. immigration policy on his own on Friday, saying he was forced to act because House of Representatives Speaker John Boehner would not let legislation come to a vote. With many Americans skeptical of his decision to bypass Congress and impose an immigration...

  • Traders on the floor of the New York Stock Exchange.

    U.S. stocks ended the week at highs as markets rallied on overseas central banks' stimulus efforts and an encouraging domestic outlook.

  • WASHINGTON, Nov 21- U.S. House of Representatives Speaker John Boehner said on Friday that President Barack Obama's executive action on immigration had sabotaged chances for bipartisan legislation and vowed to lead a fight to block the order. Obama is set to sign the order, the biggest U.S. immigration changes in a decade, later on Friday at a high school in Las...

  • Obama's immigration plan risks backlash Friday, 21 Nov 2014 | 1:47 PM ET
    Mexican agricultural workers cultivate romaine lettuce on a farm in Holtville, Calif.

    The president's immigration actions may actually worsen labor shortages that many industry groups hope reform will fix.

  • Tech world needs high-skilled foreigners: CEO Friday, 21 Nov 2014 | 12:51 PM ET
    National Venture Capital Association President and CEO Bobby Franklin.

    Immigration reform that entrepreneurs and tech companies need already has bipartisan support, the National Venture Capital Association CEO said.

  • NEW YORK, Nov 21- The morning after President Barack Obama announced his sweeping action to overhaul the U.S. immigration system, conservative groups and states were already pulling together legal strategies to dismantle the plan. Opponents said there will likely be a three-pronged legal approach to stymie Obama's moves: Congress could sue the president for...

  • CNBC.com health care reporter Dan Mangan provides insight into the lawsuit House Republicans filed on Friday challenging the employer mandate of the Affordable Care Act.

  • Obama sabotaged immigration reform efforts: GOP Friday, 21 Nov 2014 | 11:40 AM ET
    Jose Cruz wears a U.S. flag during a demonstration in favor of immigration reform outside of the White House in Washington, D.C.

    South Carolina Republican Mick Mulvaney criticized Obama's executive actions on immigration, while New Jersey Democrat Bill Pascrell defended the White House.

  • EPA delays decision on ethanol in gas Friday, 21 Nov 2014 | 11:16 AM ET

    A final decision was due before the end of the year on the already-delayed standards, but the EPA said Friday the final rule will now come in 2015.. Meanwhile, next-generation biofuels, made from agricultural waste such as wood chips and corncobs, have not taken off as quickly as Congress had required and the Obama administration anticipated.

  • Small business & immigration     Friday, 21 Nov 2014 | 11:00 AM ET

    The President's new immigration policies could have a huge impact on the business community, especially small businesses that are trying to retain and attract workers.

  • House GOP sues Obama administration on health law Friday, 21 Nov 2014 | 10:36 AM ET

    Legal experts expressed doubts that the GOP would prevail or that the case could be concluded during Obama's presidency. GOP lawmakers said those unilateral actions were unconstitutional and have promised unspecified congressional action. A Republican official said party leaders might amend the suit to include Obama's immigration actions, which would...

  • Boehner: Obama can't be trusted to enforce law Friday, 21 Nov 2014 | 9:43 AM ET
    House Speaker John Boehner (R-OH) speaks to the media during a news conference at the U.S. Capitol, November 6, 2014 in Washington, DC.

    House Speaker John Boehner said President Barack Obama's new executive actions on immigration "deliberately sabotage" bipartisan efforts.

  • I warned the president, says House Speaker John Boehner, commenting on President Obama's immigration plan.

  • White House: Immigration steps would boost wages Friday, 21 Nov 2014 | 9:00 AM ET

    WASHINGTON— President Barack Obama's moves on immigration would expand the labor force and increase worker productivity, according to a White House report Friday that estimates average wages would rise over a 10- year period. Obama's Council of Economic Advisers forecasts that as a result of his administrative actions, the gross domestic product would...

  • U.S. stocks were setting up for a sharply higher open on Friday, following the first rate cut by China's central bank in more than two years.

  • There's more than one border, says Rep. Bill Pascrell, (D-N.J.), debating President Obama's amnesty plan with Rep. Mick Mulvaney, (R-S.C.).

  • Immigration war erupts on Capitol Hill     Friday, 21 Nov 2014 | 8:03 AM ET

    Rep. Mick Mulvaney, (R-S.C.), and Rep. Bill Pascrell,(D-N.J.), debate the President Obama's plan to offer amnesty to some illegal immigrants. This is not an executive order, this is new law, counters Mulvaney. The system is broken, says Pascrell.