BARACK OBAMA

Wall Street still gives big cash to Obama

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Despite howls of protests from many on Wall Street over some of President Barack Obama's policies, financial sector employees are giving at a greater rate to his re-election bid than during his last campaign.
U.S. President Barack Obama

President Obama Op-Ed: 'Do Something Big and Meaningful' on Debt Ceiling [FULL TEXT]

For years now, America has been spending more money than we take in. The result is that we have too much debt on our nation's credit card - debt that will ultimately weaken our economy, lead to higher interest rates for all Americans, and leave us unable to invest in things like education, or protect vital programs like Medicare. Presdient Barack Obama said
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House Republican Leadership

Cantor Gives 'Gang of Six' Plan Mixed Review

The Gang of Six group of U.S. senators was finally able to agree to a deficit-reduction plan on Tuesday, but House Majority Leader Eric Cantor, R-Va., only give it a mixed review, citing his concern about the plan's revenue target while saying it proposes some constructive ideas.
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Caterpillar, Microsoft seen leading market lower

Stock index futures pointed to a lower open on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft overshadowed strong profits from GE and McDonald's and a new deal to help Greece.
U.S. President Barack Obama (right) with House Speaker John Boehner

Obama, Boehner, Hill Leaders Nearing Debt Deal

President Barack Obama, D-Ill. and Speaker John Boehner, R-Ohio moved closer toward a landmark debt deal late Thursday -- one that would avoid a U.S. default and implement major tax code changes, if approved. However, aides to both were lowering expectations, given the importance of the talks, so as to not jeopardize delicate negotiations within each caucus.
U.S. President Barack Obama

Reminscing the Past, the Presidential Way

The ongoing healthcare reforms cannot be isolated from the controversy that has exposed President Barack Obama's desperation to tag along his mother, who was often portrayed as a victim of health care insurers.
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Greek deal lifts stocks, euro; debt talks eyed

World stocks hit a two-week high on Friday and the euro and oil prices rose after European leaders agreed on a package to rescue Greece that hopes to prevent the region's debt crisis from deepening.
U.S. House Speaker John Boehner, R-Ohio

Can Speaker Boehner Keep House in Order on Debt Plan?

House Speaker John Boehner, R-Ohio, has his hands full regarding the 'Gang of Six' debt plan. Most Tea Party members of his caucus are likely to oppose it, but if Boehner can recruit enough moderate Democrats to offset Tea Party opposers, the plan should pass the U.S. House -- its likely final hurdler before the bill heads to President Obama.
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Republican White House hopefuls debate on Twitter

Six Republican White House hopefuls unleashed a torrent of 140-character policy pronouncements on jobs, government debt and the Tea Party on Wednesday during the first presidential debate on Twitter.
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Stock futures suggest higher open on strong earnings

Sock index futures pointed to a higher open on Wednesday as continued strong earnings, including from Apple Inc , underscored the growing sense companies were faring well despite the soft patch in the economy.

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