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Former Federal Reserve Chairman Paul Volcker told CNBC his namesake rule has already changed how Wall Street does business.
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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.
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Republican Mitt Romney has promised that if he wins the White House, he will derail the Affordable Care Act, aka Obamacare. As he and the President debate the costs and benefits of providing healthcare to all, behind the scenes, one part of the new law is being fought ferociously by many doctors — the mandatory move to electronic medical records.
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Emboldened by gains in Congress, Democrats appear less willing to compromise in “fiscal cliff" talks on cuts to entitlement programs like Medicare and Social Security, The New York Times reports.
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European citizens and political leaders welcomed President Barack Obama’s re-election Wednesday. European money was less enthusiastic, the New York Times reports.
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With the presidential election over, Wall Street titans who supported Mitt Romney now face the prospect of having to mend fences with the Obama administration. The New York Times reports.
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The mansion at 1600 Pennsylvania Ave. in Washington is better off than it was four years ago. To be precise, it’s valued at 1.4 percent higher than the estimated 2008 value of $280.8 million.
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As for what President Obama and Mitt Romney say they will do if elected, here's a look at their ideas for the economy and the related issue of debt.
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Following President Obama’s re-election on Tuesday, CEOs, investors and other business leaders pushed for a solution to the looming "fiscal cliff" and for corporate tax reform.
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The Republicans’ majority in the House means they have a mandate to not raise taxes, Grover Norquist, president of Americans for Tax Reform, told CNBC’s “Squawk on the Street” on Thursday.
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Following President Obama’s re-election on Tuesday, CEOs, investors and other business leaders are pushing for Congress and the president to reach a deal on the looming “fiscal cliff.”
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Congress should act during the lame duck session to solve the country’s looming fiscal problems, Aetna CEO Mark Bertolini told CNBC’s “Squawk Box” on Wednesday.
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With control of Congress unchanged, billionaire investor Wilbur Ross expects President Barack Obama to start thinking about his legacy during his second term by reaching across the aisle to build consensus.
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In an election that often focused on debates about class warfare, President Barack Obama was favored over multimillionaire businessman Mitt Romney in eight of the nation’s 10 wealthiest counties.
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Any euphoria the Obama administration feels is likely erased by the thought of getting a second term agenda passed through a still divided Congress.
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An election that was supposed to be about change actually could end up being an intensified dose of more of the same for investors.
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Barack Obama’s re-election as President of the United States was unexpected and is disappointing, but will in all likelihood boost stock markets, Dennis Gartman, founder of the Gartman Letter told CNBC Wednesday.
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Republican senator Lindsey Graham’s remark that there weren’t enough “angry white guys” to bring Republicans to power seemed prophetic in the light of President Barack Obama’s victory.
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For the third Presidency in a row, a President has been re-elected to serve a second term (Bill Clinton, George W. Bush, and Barack Obama).
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Add one more potential horror to the nightmare political scenarios: a freakish two-in-one storm that could warp an election that's been two years and $2 billion in the making.
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Mitt Romney now says requiring all Americans to buy health insurance amounts to a tax, contradicting his senior campaign adviser who insisted days earlier it wasn't a tax.
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