A stunning acceleration in second quarter growth and a jump in inflation triggered a new round of speculation that the Fed will have to speed up plans to hike rates.» Read More
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For Minneapolis and Saint Paul, the host cities for the 2008 Republican National Convention, the upcoming assembly is less about politics and more about, well, money. The rewards can be considerable. The same goes for Denver, host city for the Democratic convention.
Jason Furman, Barack Obama's campaign director for economic policy, and Douglas Holtz-Eakin, John McCain's economic policy advisor, debate which candidate's economic plan is better for the country.
Share your opinion in today's poll.
Are prediction markets useful and do they have a place in reporting?
By rebounding from his political struggles over Jeremiah Wright and gas taxes, Sen. Barack Obama may have survived the toughest punch that Sen. Hillary Clinton can throw. There was another sign Wednesday...
If there was any doubt, the new NBC-WSJ poll confirms it: The American people are officially in a very bad mood and it starts with the economy. 73 percent of Americans say the country is on the wrong track -- the worst since 1992...
The White House Correspondents Dinner, which I attended this past weekend, is one of the most unusual events I know. Where else do you find Condoleezza Rice and Pamela Anderson in the same room?
All this postmortem election stuff is getting boring. Stock markets appear to be feasting on a McCain victory in November against either Hillary or Obama -- especially Obama. Market indexes are having a terrific rally right now. In fact, they have been rallying ever since late January, when McCain emerged as the Republican nominee.
Oil prices are finally at the level where stock investors are taking note, but some traders think they still aren't paying enough attention.
Bob Novak, the highly distinguished veteran columnist and author, told the American Spectator New York dinner group last night that John McCain will defeat Barack Obama in November’s election, although the Democrats will enhance their majorities in both the Senate and the House.
Watch what politicians do, not what they say: John McCain has been trying to reassure his base that he's an economic conservative. But here's McCain, on MSNBC's Morning Joe today, embracing the new Senate housing bill include federal money for new housing tax credits and state housing bonds.
Some mistakes in a campaign have a very limited half-life, like Obama adviser Samantha Power's statement that Hillary Clinton is a "monster" -- an obvious lapse into hyperbolic trash talk. Power resigned. Others loom larger -- with longer-lasting effects. Take Geraldine Ferraro's statement...
Before the polls even opened in Wisconsin on Tuesday, the two Democratic contenders had moved on to campaign in Texas and Ohio, the two next big prizes on the primary calendar.
A "futures market" reading from Rasmussen Reports projects presidential election winners based on "trades" made by the site's users.
A weak sales and job-cut announcement from Macy's and comments from a Federal Reserve official put a damper on the stock market's bounce.
Stocks advanced Wednesday after a government agency reported that the U.S. gasoline supply rose to its highest level in nearly 14 years.
Stocks index futures rose well above fair value Wednesday, indicating a higher open as investors in Europe showed some resilience after Asian markets took a drubbing.
Not paying attention to the elections and how it might affect your portfolio? Shame on you! Here's a brief primer: health care, tobacco, Fannie Mae and more...
It may have been Super Tuesday at the voting booth, but there was nothing super about Tuesday for stocks.
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