The White House reported 375,000 users have visited Healthcare.gov by noon today. CNBC's Bertha Coombs reports the latest details.» Read More
A Republican who backs marketplace regulations might seem paradoxical -- but Michael Oxley, ex-GOP representative, co-authored the sweeping 2002 Sarbanes-Oxley Act. Does the former chairman of the House Financial Services Committee still approve of "SarBox"? He gave his views, on "Power Lunch."
Mixed messages: analysts decoding Friday's jobs report see a slightly disappointing February, but a stronger December and January. However, the different numbers didn't stop two experts from telling "Morning Call" that the news is good.
You lose some, you win some: Friday's jobs report showed the smallest rise in two years -- 97,000 jobs in February -- but revisions gave December and January unexpected strength. Rob Portman, director of the Office Of Management & Budget, said the report vindicates the Bush Administration's view that the U.S. economy is in a "steady state" of growth.
In 2002, the U.S. government enacted the Terrorism Risk Insurance Act, creating a Federal backup for insurers in the wake of the Sept. 11, 2001 attacks. TRIA expires at year's end. "Power Lunch" guests debated whether it's still a valuable instrument -- or has degenerated into "corporate welfare."
When his environmental-apocalypse film An Inconvenient Truth won the Academy Award for Best Documentary feature last night, Al Gore jested, "My fellow Americans, I’m going to take this opportunity here and now to formally announce my intentions..." Immediately, a debate came to a boil: Is the former vice president -- and 2000 presidential candidate -- considering another White House run?
CNBC's Sue Herera says that "Hollywood has a megaphone like no other." But Wall Street is, well, Wall Street: the embodiment of big bucks. Which will prove a bigger force in picking the next American president in 2008? John Harwood and Financial Times' Ben White weigh in.
The President's Working Group on Financial Markets vowed to up its vigilance of hedge funds -- but its members shied from taking action. SEC Chairman Christopher Cox and Connecticut Attorney General Richard Blumenthal took sides on the matter.
Although the race for the White House is still nearly two years away, Presidential hopefuls are grabbing headlines, right now. (Can you remember when a race has been so eagerly anticipated, so far in advance of Election Day?) As this all unfolds--politicos and insiders are whispering that “economic insecurity” is going to be a key issue for Dems in ’08.
Chalk it up to the new centrism -- or perhaps it's because some issues are so irksome, Republicans and Democrats must agree that a solution is needed. Whatever the case, two House members joined "Power Lunch" to sound the alarm over the alternative minimum tax (AMT) -- and the 20-month deadline to fix it.
Pollsters often try to make their jobs simpler, by predicting elections via demographic groups. So who does that abstract cross-section called "Wall Street" want in the White House in 2008? The answers may not be so cut-and-dried, says John Harwood, CNBC's chief Washington correspondent.
The House Committee on Oversight and Government reform is looking into allegations the White House tried to suppress information on global warming and climate change. This comes as President Bush just signed a directive that gives the White House much greater control...
President George W. Bush is doing a lousy job steering the U.S. economy -- or, Bush is doing an excellent job -- depending whether you ask economist Christian Weller or GOP strategist Jack Burkman, both of whom joined "Power Lunch" to dissect the president's economic record.
Democrats made a very big deal about all the bills they passed in the House during the first 100 hours of the new Congress. Their legislation addresses key business issues, such as taxes, energy and the minimum wage. Seems like a lot in a short time, but guess what? The next 100 hours might be even more important. CNBC’s Sue Herera found out why.
A Belated Return: The breaking news desk blog has returned after a longer than expected absence - upon my return to work yesterday after vacation, my computer somehow fried its innards, necessitating a complete overhaul. As I told my very understanding CNBC.com bosses, the dog really DID eat my homework!
President George W. Bush is legally the U.S. commander-in-chief. But how does he rank as chief executive? Two collegiate experts in private and public service joined “Power Lunch” to examine how the first president with an MBA from Harvard Business School is holding up as America’s CEO.
We all remember the headlines that came out of last year’s State of the Union address: America is addicted to oil. It’s been a year and the federal government has made little progress in ending our “oil addiction.” But is there even anything the government or the President can do about it? Karen Wayland of the Natural Resources Defense Council..
President George Bush gives his State of The Union speech tonight and he's expected to focus a lot of what he says on domestic policy. One key element is a new health care plan aimed at expanding coverage through tax credits. The idea is to make health care a "free market good." And the costs--well that comes from money that might have gone to your care.
Stocks in the U.S. are leaning towards a higher open, as investors brace for a barrage of earnings news. Oil is bucking its recent downtrend and is slightly higher as cold weather finally settles into the Northeast. European stocks are trading higher, helped by mining, metals and oil stocks. Asian markets closed higher with Tokyo at a 9-month high.
President Bush will give the State of The Union speech next Tuesday night to both Houses of Congress--and the American people--and he does at at time when he has one of the lowest approval ratings of his presidency. So--what can he say at such a time? CNBC's John Harwood appeared on "Squawk Box" to give his preview of the speech--and he was joined in commentary with former GE CEO Jack Welch...
The current field of Democrats running--or thought to be running--for the White House in 2008 might be shaking Wall Street to its roots. The 'fear' is based on getting a president that's unfriendly to the Street's business friendly philosophy. Among the early frontrunners is a one time Wal-Mart board member (Hillary Clinton), an ex-trial lawyer (John Edwards) and a relatively unknown (Barack Obama).