WASHINGTON— For as often as Democrats attack the conservative billionaires Charles and David Koch for their heavy spending on politics, it's actually the liberal-minded who shelled out the most cash in the just completed midterm elections. Among groups that funneled more than $100,000 to allies, the top of the list tilted overwhelmingly toward Democrats— a...» Read More
Asian stocks quickly reversed their downtrend on Wednesday after news of U.S. President Barack Obama’s re-election removed a major source of uncertainty for regional markets. However, strategists told CNBC they were wary on how long the relief among investors would last.
As the hotly contested U.S. presidential election drew to a close in favor of Barack Obama, Democrats appeared poised to keep control of the Senate while Republicans maintained their hold on the House of Representatives.
In California alone, a handful of wealthy donors have spent more than $350 million in state ballot initiatives, reports CNBC's Robert Frank.
Nevada has the highest unemployment rate in the nation, and its six electoral votes are up for grabs this election. Most of the state's registered voters are Democrats, but Republicans have been spending heavily.
A Republican economist who previously predicted President Barack Obama would prevail over Republican challenger Mitt Romney has changed his prediction, arguing to CNBC on Tuesday that current polls may overstate Obama’s support.
While Ohio has taken much of the focus of this election cycle, Virginia is still crucial. Even if Republican Governor Mitt Romney wins Ohio, he will still need Virginia's thirteen electoral votes to put him over the top.
Regardless of the outcome of the tightly contested presidential election, real estate mogul Donald Trump told CNBC’s “Squawk Box” on Tuesday that both sides will finally sit down and deal with the country’s fiscal problems.
Nearly every politician complains about gridlock in Washington. But, why isn’t Mitt Romney focusing on it as a campaign issue ?
Early voting has been under way for weeks across the country, but with Election Day almost here, the presidential candidates and their supporters are offering one last burst of activity. The New York Times reports.
President Barack Obama and Mitt Romney spent a combined $30.33 every second this election cycle, as a binge of campaign spending deluged voters with rallies, banners, and of course, TV ads.
Whoever wins the presidential election might feel more like the loser when he realizes what lies ahead for the US economy.
With so much attention on the income divide between the top 1 percent and the other 99 percent of Americans, it might seem that having enormous business wealth wouldn’t be a great qualification for election as president. And if such a candidate pledged to keep taxes low for the wealthy, he would appear to have no chance at all in a troubled economy, The New York Times reports.
President Obama leads Mitt Romney narrowly in three critical swing states, according to the latest NBC News/Wall Street Journal polls.
President Obama and Mitt Romney hunted for last-minute support on Sunday in a frenetic sprint across battleground states, even as their parties faced off in the first of what could be a growing number of legal disputes over presidential ballots and how they are counted. The The New York Times reports.
President Obama and Mitt Romney remain locked in a near-even race for the White House on the eve of Election Day, according to the last NBC/Wall Street Journal pre-election poll.
In the final stretch before the election, a lot of buzz has been made about the haves and have nots, with Chrystia Freeland, "Plutocrats,"and CNBC's Robert Frank.
The U.S. dollar versus Mexican Peso trade offers the punchiest and most appropriate exposure to Tuesday's U.S. election, HSBC said on Friday, arguing that that this currency pair will be best placed to reflect a U.S.-driven shift in risk appetite.
The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording. The New York Times reports.
Most everyone has an opinion on who will win the presidential election next week, but in all the prognostication one question has gone mostly overlooked: What if no one wins?
President Obama narrowly leads Mitt Romney in three battleground states less than a week before the election, according to new NBC News/Wall Street Journal polls.