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Politics Barack Obama

  • Don’t trust a move higher, Cramer says, until these six problems are solved.

  • Boone T. Pickens

    It's possible that the current oil leaking into the Gulf of Mexico could last a year, said oilman T. Boone Pickins, citing similar leaks.

  • Stocks posted modest declines today, but it was enough for the Dow Jones Industrial Average to close at its lows for the year. It was a frustrating session, because stocks seem oversold, especially after Friday's 322 point drop in the Dow. But volume was light until the last half hour, as there seemed to be little interest in picking up stocks at a discount. What's the problem?

  • BGC Partners says iPad is an "untapped" platform for advertising and sets $350 price target.

  • Some good news from Fitch this morning on mortgage delinquencies: May Residential Mortgage Backed Securities delinquencies declined for the second straight month, following a steady four year increase.

  • I've just returned from a week in Charleston, South Carolina, where the shrimp fisherman are starting to see higher prices for their shrimp due to limitations on fishing in the Gulf. Also: Hedge funds are in trouble. And the first evidence of earnings impact from the 6-month oil drilling moratorium is being seen today.

  • President Barack Obama

    Either Barak Obama fixes what’s broken in the economy, or he will be remembered for spending his entire first term blaming George Bush.

  • Tony Hayward, BP Group Chief Executive

    BP, already bedeviled by an out-of-control oil spill in the Gulf of Mexico, now finds itself with one more problem: Tony Hayward, its gaffe-prone chief executive. The NYT reports.

  • Daryl Carpenter demonstrates how ordinary hay can be used to remove oil from water.

    A Florida contractor demonstrates how hay could be an effective way of soaking up some of the oil from the BP well spill in the Gulf of Mexico.

  • And so did Cramer just two days ago. Maybe it’s time to buy?

  • S&P futures dropped about 6-7 points around 7:00am ET this morning as the euro fell through key support levels vs. the U.S. dollar and Swiss franc. The euro broke below the key CHF 1.40 level, to an all-time low vs. the Swiss franc.

  • The jobs numbers were lousy (as we predicted). The Administration’s solution is small business tax cuts. While this is a good idea in the long haul, it is not a solution to the short term problem. Simple logic says you don’t hire a worker or invest in a piece of equipment that doesn’t pay for itself. 

  • While a strong employment number would have been promising for a healthy equity market, it would most likely have signaled a snapback in the bond market. And that snapback will likely still come.

  • Job Losses

    If the economy keeps growing at 3 percent the balance of 2010, demand for new capacity—improved rental housing, better located new homes, and commercial construction for retail and factory improvements—should accelerate in 2011.

  • Cramer interviews Westport Innvations CEO David Demers about Obama's endorsement of natural gas and more.

  • Timothy Geithner

    The US recovery will continue, despite financial turmoil in Europe, as long the governments on the continent follow through on their promised rescue package, Treasury Secretary Tim Geithner told CNBC Thursday.

  • Brian Kelly explains what to look for when the May employment report is released Friday.

  • Sources tell CNBC that the SEC’s new single stock circuit breaker rules will likely go into effect next week. The proposed rules, created in response to the May 6 market plunge, would halt trading in a stock for five minutes “in the event that..."

  • Plus, get calls on smartphones, cloud computing and more.

  • oil_spill_cleanup_demo_200.jpg

    A microbial product called HTP, derived from peat moss, could  "literally eat the oil" in the Gulf of Mexico, according to the CEO of a company that sells it.