President Obama's economic policies are promoting 'fiscal insanity' that is leading the nation down the path of insolvency, Sen. Judd Gregg (R)-NH told CNBC Monday.
The Obama budget is doing something now that will incent people to hire workers that in the long run is going to cost them their jobs.
Although President Barack Obama's push for a health care overhaul has stalled, conservative lawmakers in about half the states are forging ahead with constitutional amendments to ban government health insurance mandates.
Stock index futures pointed to a sharp rise to kick the month off Monday, following a third-consecutive losing January.
The 2010 budget is here and it's one for the record books. Media reports forecast that the nation's budget deficit will hit $1.6 trillion in fiscal 2010, a fresh record and the biggest since World War Two.
President Barack Obama's plans to regulate and limit the size of banks is the "right direction," said Vikram Pandit, CEO of Citi, since the company has been weeding out companies that didn't fit into the company already.
President Barack Obama said Saturday that trimming budget deficits is as important as creating jobs, his top domestic priority this year, to continue the economic recovery that appears under way.
Government regulators from the U.S. and Europe laid out their financial reform plans Saturday before a skeptical banking industry, asking financiers for input but adamant that change was coming with or without their support.
Strong start…then sell into the rally. Sound familiar? It has happened a lot over the past couple of weeks, and it happened yet again Friday. In fact, this is the sixth time over the last seven trading sessions that the markets have ended the day at or near the lows of the session.
Yvo de Boer, executive secretary of the UN Framework Convention on Climate Change, called climate change "an economic agenda rather than a green agenda [that] needs to be explained more clearly that this is about energy security and jobs going in a different direction.”
Stocks are up modestly in the last trading day of the month. But don’t kid yourself — it has been a down start to the year for the markets. Stocks are down 2.5 percent in January and are looking to have their worst month since last February, thanks in large part to China tightening worries and concerns over government reforms for big U.S. banks.
The day after President Obama’s State of the Union, Congress went ahead and passed a $1.9 trillion — that’s right, $1.9 trillion — increase in the federal government’s debt limit. Let me tell you why this bothers me.
It's been two days now since President Obama's State of the Union address, and his words still resonate in my ears: "Blah-blah, blah, bla-bla-blahhhh." An awful lot of it sounded like the same, old same-old from President Obama, just topsy-turvy.
President Obama would have to battle liberals, persuade China to boost its currency 40%, get the world economy to grow much faster and cut taxes for US exporters, the NY Times reports.
The day after President Obama’s State of the Union, Congress went ahead and passed a $1.9 trillion—that's right—a $1.9 trillion increase in the federal government’s debt limit. Let me tell you why this bothers me.
The market needs a correction after a 60% gain from last March and the news of the day Thursday was that Greece was looking for some help.
Bank of America and other Wall Street banking giants do not need to be broken up to protect the global economy from another financial crisis, Brian Moynihan, CEO of Bank of America, told CNBC Friday.
Stocks tumbled Thursday as the dollar's gains and some disappointing economic numbers offset the positive earnings momentum. Techs were among the biggest decliners, led by Apple and Qualcomm.
I have to say I was a little surprised (read: disappointed) to hear so very little about housing in President Obama's State of the Union speech last night. Yes, he mentioned folks were losing their homes, in the long list of ills plaguing the American people.
Stocks tumbled Thursday as the dollar's gains and some disappointing economic numbers offset the positive earnings momentum this morning. Techs were among the morning's biggest decliners, led by Apple and Qualcomm.