SYDNEY, Dec 19- Asian markets looked set for another upbeat session on Friday after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to start hiking interest rates. Brent was quoted $1.37 lighter at $59.81 a barrel, while U.S. crude was hovering around $55.00 after losing more than $2 on Thursday.» Read More
Perhaps the reason for President Obama’s flat and energy-less speech Thursday night — TV cameras panning the convention floor actually showed delegates falling asleep — was that he already knew Friday’s jobs numbers were going to be a disaster.
President Obama emerged from the euphoria of his party's convention Friday and ran smack into the harsh reality of a bleak new report on the nation's unemployment outlook.
"If borrowing and spending and regulating and taxing was the secret to economic success, we would be entering a golden age along with Greece," GOP Vice President candidate Paul Ryan told CNBC Friday.
Did Bill Clinton's nomination speech get President Obama re-elected? At least one GOP strategist says yes.
The Boulevard of Broken Dreams may not be quite as lonely as the pop song suggests. According to Larry Kudlow, it’s where you’ll find Barack Obama.
Former President Bill Clinton spoke for nearly twice as long as he was scheduled at the Democratic National Convention Wednesday night, and roughly half his remarks were ad-libbed. But just try to pin him down on a flat-out falsehood, and you will begin to understand why he has confounded his critics for years.
The number of Twitter followers of President Obama is growing at more than four times the rate of GOP challenger Mitt Romney. Is it a case of people's preferences, bad algorithms or something else?
"Yes this country and its people are better off than they were four years ago but the job is not done," writes this Guest Blogger.
In 2008, Democrats had a tremendous social media advantage. In 2012, that lead has been ceded to the Republicans.
Needled by Mitt Romney and other Republicans, Democrats hurriedly rewrote their convention platform to add a mention of God and declare Jerusalem the capital of Israel after President Obama intervened to order the changes.
The U.S. will go over the fiscal cliff early next year before a deal gets cut in January to address the country’s fiscal problems, Peter Orszag, a former Obama administration official, told CNBC’s "Closing Bell" on Wednesday.
The giant accounting firm PricewaterhouseCoopers says a claim by a hacker group that it stole Republican Presidential candidate Mitt Romney’s tax returns from an office in Tennessee does not appear to be true.
Day one of the Democratic National Convention in Charlotte, NC was heavier on emotion and personal stories than it was on verifiable facts, but there was still plenty of fodder for our Investigations Inc. fact checking team. 1st paragraph of story should go here
Former President Bill Clinton may be the highlight of Wednesday’s Democratic convention speakers, but a number of business leaders, including Carmax co-founder Austin Ligon, are also giving speeches to address whether the economy is better off under Obama’s leadership.
The country is unequivocally better off today than it was four years ago, Costco co-founder and former CEO Jim Sinegal told CNBC’s “Squawk on the Street” on Wednesday.
With the economy sputtering, President Obama would like voters to believe he faces tougher challenges than any president since Franklin Roosevelt and needs two terms to turn things around. Sadly, the president's problems are so daunting only because his policies are not up to the task.
Democrats across America will be glued to their TV’s Wednesday eager to hear from Bill Clinton. And what he says is anybody’s guess, including the Obama's.
Democrats approved a party platform at their national convention that echoes President Obama's call for higher taxes on wealthier Americans while backing same-sex marriage and abortion rights.
Unions and America are better off than they were when Obama took office, Richard Trumka, the head of the AFL-CIO told CNBC’s "Closing Bell"
President Barack Obama’s four years in office have been a disappointment, Andrew Card, former Bush administration chief of staff, told CNBC’s “Squawk on the Street” on Tuesday.