CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Headlines hurt stocks this week, while GM is facing a federal investigation. The White House boosts overtime pay for non-union workers, McDonald's employees are suing the company and Men's Wearhouse gets Joseph A. Bank.» Read More
Sen. Barack Obama won an endorsement from the powerful Teamsters union, critical labor support for the Democratic front-runner with upcoming contests in Ohio, Texas and Pennsylvania.
John McCain accomplished his goal in Wisconsin’s Republican primary, defeating Mike Huckabee across the board, winning among conservatives, and shifting the GOP’s focus toward the general election. But Hillary Clinton did not.
With big wins in hand, Democrat Barack Obama pointed on Wednesday toward critical showdowns with rival Hillary Clinton next month that could prove decisive in their heavyweight presidential battle.
The worlds of politics and pop culture have intersected for decades. In 1960, John F. Kennedy enhanced his aura of glamour by associating with Frank Sinatra’s Rat Pack; later Marilyn Monroe famously sang to him, “Happy Birthday, Mr. President.” But rarely have the two worlds fused as auspiciously for a candidate as they have for Barack Obama this spring.
A "futures market" reading from Rasmussen Reports projects presidential election winners based on "trades" made by the site's users.
The liberal “netroots” group MoveOn.org has emerged as a force in Democratic politics in recent years. It estimates that its 2.3-million members in 2004 donated $180-million to political causes, not to mention activism aside from their checkbooks. Now the organization boasts 3.2-million members.
Few Democrats are as close to all side in the 2008 presidential primary race as Sen. Chuck Schumer. His home-state colleague, Hillary Clinton, is on one side. His colleague from Illinois, Barack Obama, is on the other.
I blogged on Monday about the pattern of support that Barack Obama and Hillary Clinton have attracted in Democratic nomination contests up to now. The key to breaking the deadlock of their close race is breaking that pattern. Has that now happened?
Sen. Barack Obama easily won Democratic primaries Virginia and Maryland on Tuesday and reached out for another in the District of Columbia in a determined drive to erase Hillary Rodham Clinton's delegate lead in the party's presidential race.
The hardest thing to come by in politics is genuine enthusiasm. Campaigns can buy ads, and direct mail pieces, and robo-calling phone banks. They can't buy zeal. Democrats have it right now. You could see it in last week's Super Tuesday primary results, when even in conservative "red" states more people turned out to vote in Democratic primaries than in Republican ones.
Barack Obama scored impressive weekend victories over Hillary Clinton in several Democratic presidential nomination contests. He’s well positioned for this week’s voting in Maryland, Virginia and the District of Columbia.
President Bush said Sunday he would sign Wednesday a $152 billion package aimed at boosting the U.S. economy and ward off a recession.
On the way to an interview with Senate Minority Leader Mitch McConnell, I ran into one of the best-known Republican mavericks, Chuck Hagel of Nebraska. Hagel has figured in discussions of a potential independent candidacy by New York City Mayor Michael Bloomberg this fall, as a potential running mate for Bloomberg.
The biggest winners in the economic stimulus plan are likely to be Americans with more expensive homes who will be able to refinance at cheaper rates.
The U.S. Congress passed a nearly $152 billion plan on Thursday to stave off an election-year recession by sending government rebate checks to millions of Americans and providing business tax incentives to boost spending.
Democrats and Republicans in the Senate have reached a deal on an economic stimulus plan that would send government rebate checks to millions of Americans.
Mitt Romney's decision to quit the Republican race is terrific news for John McCain. It removes the challenger with both the money and the message to hurt John McCain politically, even if he couldn't win the Republican nomination for himself. An expensively broadcast attack on McCain's conservative credentials is not what the Arizona senator needs right now.
When it comes to politics, the stock market isn't as fickle about who sits in the White House as it is about who rules Congress.
Wall Street sized up its options in a U.S. presidential campaign likely to pit a Republican with a history of breaking party ranks against one of two Democrats seeking change.
So let's take a look at where the Democratic primary road is heading. Barack Obama's team likes the map over the next three weeks. This Saturday there are caucuses in Louisiana, where the large African American vote should favor Obama. And Nebraska and the state of Washington both hold caucuses--a venue that favors Obama's grass roots organization.
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