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Politics Barack Obama

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    A Congressional tax standoff has opened a window of opportunity for wealthy Americans determined to avoid paying up post-mortem. The New York Times reports.

  • My old friend Dan Mitchell, senior fellow at the Cato Institute, emailed me his latest video earlier this morning.

  • Stocks declined Thursday as the dollar gained. Financials took a hit after an analyst slashed her outlook and Citigroup's offering disappointed. A weak outlook from shipping giant FedEx also weighed on the market.

  • Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 14, 2007, before the Senate Banking Committee hearing on monetary policy. (AP Photo/Dennis Cook)

    Helicopter Ben Bernanke passed the Senate Banking Committee vote on his reconfirmation.

  • Stocks declined Thursday as the dollar gained. Financials took a hit after an analyst slashed her outlook and Citigroup's offering disappointed. A weak outlook from shipping giant FedEx also weighed on the market.

  • Stocks declined Thursday as the dollar gained and weekly jobless claims rose more than expected last week.

  • Factory Emissions

    Congress is reluctant to approve both because each will mean new and higher costs for American consumers at a time when they can least afford them..

  • U.S. stock futures pointed to a lower open for Wall Street on Thursday, a day after the Federal Reserve reiterated its special liquidity measures would expire early next year, dragging bank stocks down.

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    Americans are the most pessimistic they've been since the beginning of this year, when the US was mired in a deep recession, while confidence in President Obama and Congress is at the lowest level of 2009, according to the latest NBC/Wall Street Journal poll.

  • Winterizing Your Portfolio - A CNBC Special Report

    The Dow erased all of its gains Wednesday after the Fed offered no surprises in its latest statement, backing its pledge to keep rate slow for an "extended period."

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks remained higher Wednesday but pared gains as the Fed offered no surprises in its latest statement, backing its pledge to keep rate slow for an "extended period."

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks opened higher Wednesday after a tame report on consumer prices, which helped quell inflation fears after a jump in prices at the wholesale level.

  • Winterizing Your Portfolio - A CNBC Special Report

    Stock index futures were solidly higher Wednesday, as banks led a rally in European shares and investors waited for a rate decision from the Federal Reserve.

  • Gold has one more super-spike left in it, Al Abaroa, commodity strategist from Options Pro, said on Monday. He predicts the precious metal will rise to $1,300-$1,400 in the first six months of 2010 before losing its luster.

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks snapped a four-day winning streak Tuesday as an inflation report stoked rate fears and GE delivered a weak outlook. Energy stocks rose, while financials stumbled.

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks pared their losses Tuesday as the commodities and materials sectors got a boost from rising commodities prices. Stocks got off to a weak start after a report showed wholesale inflation rose more than expected in November.

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks pared their losses Tuesday as the commodities and materials sectors got a boost from rising commodities prices. Stocks got off to a weak start after a report showed wholesale inflation rose more than expected in November.

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    Warren Buffett and President Barack Obama are related, according to genealogists at Ancestry.com.  But you have to go back a few hundred years to make the connection.

  • President Barack Obama, Treasury Secretary Timothy Geithner, and Chair of the Council of Economic Advisors Christina Romer meet with CEO of PNC Jim Rohr, CEO of JPMorgan Chase Jamie Dimon, and other members of the financial services industry at the White House on December 14, 2009.

    Executive compensation, leverage limits and lending standards were all issues that Washington said it planned to change — and when the taxpayers were the shareholders of these firms, it probably could have done so. But now the White House has been left in the position of extending invitations, rather than exercising its clout. And in the figurative and literal sense, it is getting stood up.

  • Unemployment

    More than half of the nation’s unemployed workers have borrowed money from friends or relatives. An equal number have cut back on doctor visits or medical treatments, the NY Times reports.