DeFazio, D- Ore., said the Formosa Mine, which is on federal and private land outside Riddle, illustrates what is wrong about the 1872 Mining Act: the Canadian companies that reopened the mine in the 1990 s have disappeared; the bond put up for cleanup was nowhere near enough to cover the true costs; and the federal government never got a penny in royalties.» Read More
Democrats won a number of key seats in building a larger and more formidable majority in Congress.
Barney Frank told us it was coming when he said there are a lot of rich people out there to tax. So higher taxes are coming and I think soon. The Bush tax cuts expire in 2010 but I think the Obama administration will try to move the increase to 2009 and early 2009 at that.
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.
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.
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.
Barack Obama claimed a decisive victory in Tuesday's presidential election, and CNBC asked some big-name financial experts what this means for the market and the economy.
The dollar trimmed gains against the euro Wednesday after data showed the U.S. services sector shrank more than expected in October.
President Elect Barack Obama’s platform policies will almost certainly be scaled back based upon the current economic maelstrom, particularly if it carries over into next year with significance, as expected. So what will the new, leaner Obama policies look like?
Where does the future of Health Care lie? In an Obama or a McCain administration? Which is the better option for Americans? Watch the accompanying videos to see what experts say...
The Dow was up, the polls were full, and there's a lot at stake in this election. CNBC analysts weigh in on the election.
As Sen. Barack Obama (D-IL) leads in electoral votes, according to NBC News, CNBC asked the experts their view on the candidate's tax plan.
As Sen. Barack Obama (D-IL) holds the lead among polls on election night, the market experts discussed what an Obama Administration would mean for taxpayers, Wall Street and more.
As unprecedented numbers of voters cast their ballots on Tuesday, the markets also priced in a candidate, market pros told CNBC.
Presidential election polls have been consistently predicting a Barack Obama victory Tuesday. To get a different perspective, CNBC took the unconventional route and looked at some less-traditional election indicators.
The dollar fell against most major currencies Tuesday as investors await the result of the U.S. Presidential election and look toward central bank meetings later in the week.
First up, the end of a two year US political campaign. For the first time in modern political history, we had a state primary occur in the year prior to the election year. In the great wisdom of "Me First", individual states all began to move their primaries forward to enable them to remain relevant in the campaign.
With the presidential election just four days away, CNBC asked governors from both sides of the aisle to weigh in.
Barclay's has turned against current progressive thinking and shunned government bailout money. They have decided to raise their own capital by selling GBP 5.8 billion of convertible notes to Middle East investors.
Rick Wagoner meet Charlie Brown. GM's Chairman and CEO now knows how the cartoon character felt getting a box of rocks for Halloween. It looks like Washington/Bush Administration is saying "no thanks" to providing the money needed to make a GM/Chrysler merger happen
The green revolution has ground to a halt with the collapse in oil prices, right? Don't bet on it.
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