Don Peebles, CEO & Chairman of The Peebles Corporation, discusses President Obama's second-term win, and what it means for the fiscal cliff, taxes and small business, with Roger Altman, Chairman & Founder of Evercore Partners, and David Walker, Founder, President & CEO of Comeback America Initiative.
CNBC's Eamon Javers breaks down the numbers in Congress and discusses whether the House and Senate will come together to pass bipartisanship legislation.
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.
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.
CNBC's Phil LeBeau and Hampton Pearson report on President Obama's win from the headquarters of both candidates. And the balance of power stays the same in Congress. CNBC's Eamon Javers and John Harwood have the story.
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).
Penny Lee, president at Venn Strategies, tells CNBC that retaining both the presidency and the Senate was an accomplishment for the Democrats.
President Barack Obama was re-elected president Tuesday night, put over the top by the crucial battleground state of Ohio following the most expensive election in U.S. history.
Ronald Freeman, director of the Atlantic Council of the United States, tells CNBC the major issue the U.S. faces in the wake of the election is whether Congress can come together and avoid the fiscal cliff.
Asian stocks quickly reversed their downtrend on Wednesday after news of U.S. President Barack Obama’s re-election removed a major source of uncertainty for regional markets. However, strategists told CNBC they were wary on how long the relief among investors would last.
President Barack Obama’s re-election could mean a tough road for stocks unless there’s some sign soon that he and Congress will avoid taking the economy and the country off the “fiscal cliff.”
As the hotly contested U.S. presidential election drew to a close in favor of Barack Obama, Democrats appeared poised to keep control of the Senate while Republicans maintained their hold on the House of Representatives.
President Obama wins Ohio, which puts him over the 270 electoral votes he needed to win the election.
Eamon Javers reports Democrats have gained two seats in the Senate.
President Obama wins Minnesota and Romney wins Missouri, while Scott Cohn reports from Columbus, Ohio, that provisional ballots could be extremely important if the race stays as tight as it currently is. Diana Olick says turnout in VA was higher than 2008, and troubles with voting lines in the northern part of the state could delay the state's results. And Mary Thompson reports from Florida the vote in that state could be subject to an automatic recount.
Florida and Virginia are extremely tight, reports CNBC's John Harwood. Grover Norquist, Americans for Tax Reform, discusses the House race, with Republican consultant Sara Fagen and CNBC contributor Jared Bernstein. Norquist says you need to reduce spending or have more economic growth to reduce the deficit. Not by raising taxes.
Where the electoral vote count stands. The signs are not good for Mitt Romney, says CNBC's John Harwood. If President Obama carries Florida, the election is essentially over. Anthony Scaramucci of Skybridge Capital, weighs in from the Romney headquarters in Massachusetts. If Obama pivots and becomes a more pro-growth President, he says, we'll do a lot better. And Eamon Javers reports that in Nebraska, Republican Deb Fischer has defeated Democrat Bob Kerrey in the Nebraska Senate race.
A roundup of the battleground states with a number too close to call. CNBC's Jane Wells reports on the race in Nevada, where the polls have just closed. CNBC's Jim Cramer talks about the race in Nevada and what's going on in the futures markets. Former Democratic VA Governor Douglas Wilder discusses the electoral vote and what's likely to happen in his home state. And Eamon Javers reports on Democrat Claire McCaskill's defeat of Republican Todd Akin in Missouri's Senate race.
President Obama questioner Velma Hart discusses her feelings about the first Obama term, and says she's "election exhausted." It's all about the American people, she says. Sara Fagen, Republican strategist, and Jared Bernstein, CNBC contributor, discuss the evening's developments. There haven't been any real surprises, says Bernstein. Turnout has been strong in places that favor the President.
Democrat Elizabeth Warren defeats Republican Scott Brown in the Senate race in Massachusetts. CNBC's John Harwood talks about the factors behind Warren's win and the stunning defeat of Republican Richard Mourdock in Indiana.