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Politics Barack Obama

  • The axle that is health care reform, and around which Washington is wrapped, threatens to scuttle the Presidents domestic agenda while he frustratingly tries to reach out to foreign allies (or non allies as the case may be).

  • US Capitol Building with cash

    The ultralow interest rates the U.S. has been paying on its colossal debt may not last much longer, and the White House estimates that the tab will exceed $700 billion a year in 2019, the New York Times reported.

  • In U.S. President Barack Obama's speech to Asia-Pacific leaders at the APEC Summit in Singapore over the weekend, he highlighted the importance of a strong China economy in the context of global growth.

  • Health Care Reform

    Moderate Senate Democrats threatened Sunday to scuttle health-care legislation if their demands aren't met, while more liberal members warned their party leaders not to bend.

  • A trader takes a break outside of the NYSE.

    The American stock market has soared 64 percent since it hit bottom eight months ago.  And that leaves it just where it was more than 11 years ago.

  • US Capitol Building with cash

    Now that unemployment has topped 10 percent, some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February was way too small. The economy needs a second big infusion, they say.

  • Stethescope and money

    With no margin for rebellion, Senate Democrats pushed toward a crucial weekend test vote on their sweeping health care bill Friday, and wavering moderates appeared to be falling in line on President Barack Obama's signature issue.

  • Sold sign

    Designed to help low-income people afford to buy houses, the Federal Housing Administration's is now insuring houses for increasingly well-off buyers, says the New York Times.

  • Stethescope and money

    Congressional budget crunchers said  the Democrats' latest health care plan would hold down federal red ink for at least 20 years, an assessment that gave supporters hope as the Senate moved gingerly toward  debate.

  • President Barack Obama

    A flurry of green agreements between the U.S. and China this month has lowered expectations for any global deal at a major climate change conference in Copenhagen next month, but they may also foreshadow a new approach by the Obama administration focusing on job creation and technological innovation.

  • Maybe Bernanke really does have some clout: ever since Monday, when Bernanke engaged in unusual jawboning in support of the dollar, the dollar has stabilized and is even in a mild uptrend.

  • caulking_home_200.jpg

    The economy still needs help. So White House officials are looking at creating a new version of cash for clunkers — this time for home weatherization. The New York Times reports.

  • Outside the New York Stock Exchange in lower Manhattan.

    In a report released Tuesday by the comptroller of New York State, Wall Street profits in 2009 are on track to exceed the record set three years ago, reports the New York Times.

  • obama china-resized.jpg

    President Obama took his declining dollar to the Asia-Pacific economic conference, and he added to it a declinist opinion of America’s economy. His big message? Don’t count on American consumers to lead the world from recession to recovery and beyond. His second big message? In the U.S., we must save more and spend less.

  • In U.S. President Barack Obama's speech to Asia-Pacific leaders at the APEC Summit in Singapore over the weekend, he highlighted the importance of a strong China economy in the context of global growth.

  • Welcome to the retail mind game: Both Target and Saks gave cautious guidance on holiday sales.

  • Dollar Meltdown, by Charles Goyette

    "For the ancient Greeks it was the three fates that spun the destiny of life, measuring and finally cutting it short. Now, highlighted by events of the past few days, the unmistakable hands of reserve currency, monetary, and fiscal fates can be seen in the dollar’s latest unraveling," writes author Charles Goyette.

  • tax_notice.jpg

    More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit.

  • America's small cities are losing some of their traditional appeal to upwardly mobile families seeking wholesome neighborhoods, a stable economy and affordable living.

  • wind_turbines1_200.jpg

    Despite recent advances, the U.S. lags far behind other major countries when it comes to clean energy investment and experts say it may never compete on equal terms, let alone lead.