BARACK OBAMA

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Global Markets Overview 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.

World Market Update 04/14/2011

Traders work on the floor of the New York Stock Exchange
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.

Obama, Republicans Diverge Sharply on Future Spending Cuts

President Barack Obama on Wednesday proposed spending cuts for the years ahead that are much smaller than the Republican proposal a week ago. Obama called for $2 trillion in reduced spending over the next 12 years. House Republicans last week proposed $5.8 billion in cuts to federal spending over the next 10 years.
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Dow and S&P slip as JPMorgan stalls, Nasdaq rises

The Dow and S&P slipped on Wednesday as JPMorgan Chase & Co's strong profit growth was not enough to convince investors that quarterly earnings would propel stocks out of the recent trading range.
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Yes Men claim hoax GE tax press release

General Electric Co, embroiled in controversy over its low 2010 U.S. tax bill, was the subject of a hoax press release claiming it would donate billions of dollars to the federal government.
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Dow, S&P flat as JPMorgan gains dissolve

The Dow and S&P were little changed on Wednesday despite strong profit growth from JPMorgan Chase & Co as analysts questioned if the bank's results were a one-time win or would translate to others' performances.

Obama Enters Debate on Deep U.S. Debt

President Barack Obama's awaited proposal on Wednesday dealing with specific dollar amounts and cuts needed to address the United States' $14.3 trillion debt will contrast with a Republican proposal offered last week by offering a balance that it didn't have, a White House spokesman said.
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Futures boosted by JPMorgan earnings

Stock index futures rose on Wednesday, rebounding from the previous day's decline, after results from JPMorgan Chase beat expectations and spurred bets that other bank earnings will be strong.

Strongest Obama Supporters at Lowest Level

President Barack Obama's strongest supporters in the United States are at the lowest level of his presidency yet and support from liberals is also sharply down from earlier this month, according to a daily presidential tracking poll.

Obama May Back Deal to Raise Debt Ceiling

The Obama Administration is trying to balance keeping spending up in certain areas while cutting federal deficits and may be open to striking a deal with Republicans to raise the debt ceiling above its current $14.3 trillion levels.

Boehner on Obama: We Understand Each Other More (VIDEO)

House Speaker John Boehner, fresh off a tightly fought political battle to cut $38.5 billion from the federal budget for the rest of the fiscal year, said he understands President Barack Obama better and says there is a wide ideological gap between them about the role of the federal government.

Boehner: 2012 Budget Leads Where Obama Failed

House Speaker John Boehner on Monday said that the Republican proposal for the 2012 budget leads where the Obama administration failed by taking on challenges facing healthcare, retirement and energy to create jobs.
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Futures gain on earnings optimism

Stock index futures edged up on Monday as hopes for a strong earnings season offset some concerns about another earthquake in Japan.
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Futures edge up on earnings hopes

Stock index futures edged up on Monday as hopes for a strong earnings season offset some concerns about another earthquake in Japan.
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Obama to offer deficit reduction plan

With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.

Obama to Unveil Long Term Budget Fixes

President Barack Obama will announce later this week deficit reduction targets and a timeline to reach them, White House adviser David Plouffe said on Sunday.

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