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  • NY Moves Closer to No-Fault Divorce Wednesday, 16 Jun 2010 | 11:33 AM ET
    divorce

    The State Senate on Tuesday, clearing aside decades of opposition, put New York on a course to adopt no-fault divorce. The NYT reports.

  • Saving Energy, and Its Cost Wednesday, 16 Jun 2010 | 11:17 AM ET
    Sen. Richard Lugar (L) and Sen. Lindsey Graham (R) talk to reporters about Lugar's new "Practical Energy and Climate Plan" legislation.

    There once was a time when the government relied on a very blunt way of regulating the economy. But then came the market revolution of the last three decades. We've now come full cirlce, says the New York Times.

  • Obama Faces Rare Defeat on Health Help for Jobless Saturday, 12 Jun 2010 | 10:00 AM ET
    President Obama signs the health care reform bill into law at the White House

    Congress allowed emergency health care assistance for unemployed workers to expire May 31, and seems unwilling to renew it despite pleas from President Barack Obama.

  • Kneale: What's Obama Really Kicking? Thursday, 10 Jun 2010 | 1:20 PM ET

    It's time for President Obama to skip the tough talk and take decisive action to clean up the BP oil spill in the Gulf of Mexico, says CNBC's Dennis Kneale.

  • The Bush Tax Cuts—What Happens in December? Thursday, 10 Jun 2010 | 11:47 AM ET

    The financial markets hate uncertainty and the 'Mother of All Uncertainties' is looming in December, when Congress is supposed to decide what will happen to the Bush tax cuts, which are set to expire at midnight on Dec. 31.

  • Blanche Lincoln

    Wall Street officials, who have invested heavily in lobbying against the Lincoln amendment, are hoping Tuesday's Arkansas run-off race will be its death sentence.

  • Valliere: Barack Obama, One-Term President? Thursday, 3 Jun 2010 | 12:07 PM ET
    President Barack Obama

    For the first time since Barack Obama’s inauguration 16 months ago, we’re beginning to think there’s a reasonable chance he’ll be just a one-term president.

  • American Businesses Hoping to Cash In On Cuba Wednesday, 26 May 2010 | 1:03 PM ET
    The Cuban flag flying in Park Central in Havana.

    American industries of all kinds—from travel and telecom to construction and energy—would be poised to profit if the 52-year trade embargo with Cuba were lifted. Among the first businesses to cash in would be those involved with tourism, most experts agree.

  • Frank Names Democratic Candidates for Bank Bill Conferees Wednesday, 26 May 2010 | 8:00 AM ET

    The list of House Financial Services Chairman Barney Frank includes six subcommittee chairs and Joint Economic Committee Chairwoman Carolyn Maloney.

  • Who's Doing Business with Cuba, Despite Embargo Tuesday, 25 May 2010 | 9:35 AM ET
    Women carrying Cuban flag through Havana streets.

    Despite an economic embargo against Cuba that has existed for a half century, Americans and citizens of US allies routinely conduct business with the country, including trade and tourism.

  • Democrats in the state Senate on Monday countered Gov. Arnold Schwarzenegger's proposed budget cuts with a plan to raise taxes by nearly $5 billion, largely by extending temporary taxes and delaying corporate tax breaks for two years.

  • The Senate Thursday voted in favor of ending debate on a sweeping packaging of financial reforms, clearing the way for a final vote on whether to approve the legislation as early as Friday.

  • Sources say there are the 60 votes necessary to end debate on a sweeping packaging of reforms, setting up a final vote on whether to approve the legislation in the days ahead.

  • Reid Hopes to Wrap Up Bank Reform Debate Thursday Wednesday, 19 May 2010 | 6:12 PM ET

    U.S. Senate Democratic Leader Harry Reid said he hopes to hold another vote on Thursday on wrapping up debate on a Wall Street reform bill.

  • Coming This Fall: A New Tea-Party Senate Nucleus Wednesday, 19 May 2010 | 4:25 PM ET
    Rand Paul

    After last night’s primary elections, a pipedream came to me: A new tea-party center is forming in the Republican Senate caucus

  • Final Senate Vote On Financial Reform Likely Thursday Wednesday, 19 May 2010 | 2:12 PM ET

    Senate Democrats are close to holding a final vote on a major financial reform bill but disagreement over a few controversial measures threatens to drag the process into next week.

  • Big Political Jolts: Specter Loses, Paul Wins Wednesday, 19 May 2010 | 4:19 AM ET
    Rand Paul

    Party-switching Sen. Arlen Specter fell to a younger and far less experienced rival in the Pennsylvania Democratic primary, and political novice Rand Paul rode support from tea party activists to a Republican rout in Kentucky on Tuesday, the latest jolts to the political establishment in a tumultuous midterm election season.

  • Financial Reform Bill: What's In, Out and Next? Friday, 14 May 2010 | 3:56 PM ET

    The Senate has approved major items such as too-big-to-fail authority, Federal Reserve audits and larger capital requirements for banks, but major battles still loom.

  • Senate Amends Financial Overhaul Bill Friday, 14 May 2010 | 1:41 PM ET
    Senator Al Franken (D-MN)

    In the latest sign of the zeal in Congress to get tough on Wall Street, the Senate approved two initiatives on Thursday aimed at addressing the role that major credit rating agencies played in the 2008 financial collapse, including a proposal to end the reliance on companies like Moody’s Investors Service and Standard & Poor’s.

  • Goldman Sachs Did Nothing Illegal: Clinton Friday, 14 May 2010 | 11:30 AM ET
    Former U.S. President Bill Clinton seen speaking during the inaugural Rural Summit in Washington, DC

    Former President Bill Clinton says it is "time to lower the rhetoric and talk about the facts," in reference to the government's scrutiny of Wall Street.