PresidentObama

Seeking cooperation in a polarized climate, President Barack Obama called on Congress Tuesday to act quickly on bipartisan measures that would extend tax breaks for small businesses and help startup companies raise money. He said he would sign the legislation "right away."

In a defiant display of executive power, President Barack Obama on Wednesday will buck GOP opposition and name Richard Cordray as the nation's chief consumer watchdog even though the Senate contends the move is inappropriate, senior administration officials told The Associated Press.

President Barack Obama on Monday essentially dismissed the first-ever downgrade of the U.S. credit rating, trying to reassure investors and the public that the nation's leaders need only show more "common sense and compromise" to tame a staggering accumulation of debt.
Seeking to demonstrate...
The Financial Landscape: Small Wins for Unions, Greece; A 'Small' Hit for JPMorgan
9:30AM 6/22/2011
People, Investing, JP Morgan Chase, Goldman Sachs , Wal-Mart Stores, Tiffany & Co, Biz Brief, Stocks in the News, Market News

The news across the financial world is good for unions, which will find organizing a bit easier; adequate for Greece, which will find getting bailed out a bit easier, and bitter for JPMorgan which had to accept a $153.6 million SEC fine for misleading investors about a mortgage securities transaction.
State grants are still not enough to pay for college
7:00AM 8/17/2010
It is no secret: college tuition continues to rise despite the shrinking middle class and higher than expected unemployment rates. Is there a correlation between the shrinking middle class and the rise in college tuition? Many, including the president of the United States, believe so, and are...
On the day before President Obama delivers his State of the Union address, there is some good news to be had: The Dow is up. The NASDAQ is up. The S&P is up. Even the dollar is up.
But those indicators mask a much grimmer reality: Unemployment remains high. The housing market is down. And...
Running away from the president is a recipe for Democratic failure
6:30PM 11/11/2009
The biggest problem with the Democratic Party and its prospects in next year's midterms might not be the economy or jobs or health care after all. The problem might be rank stupidity.
A new poll from Research 2000 indicates that Democratic turnout on Election Day was low because, quite simply,...
There's a potential disconnect between the Obama administration, the unemployment rate and the deficit, and I hope there's some sort of resolution or else you and I could be looking at high unemployment for some time to come -- not to mention a backslide on the greenshoots and economic growth we're...
Health care reform has created a whirlwind of facts and fictions. Feeling confused about the issue? Walletpop cuts through the noise to give you clear and simple answers:
Isn't the public option for freeloaders? Why should we adopt it when critics are calling it socialist?
A public option...
St Louis prepares to shake down All Star players for its tax cut
10:00AM 7/06/2009
It's a little known fact that the city of St. Louis levies a 1% earnings tax on money earned there. This means, if I was a plumber who lived outside the city of St. Louis, but I went into the city to repair a leaky toilet, I would be required to contribute 1% of my earnings into the city...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.07 | -0.11 -1.34% | 254.23M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 18.88 | -0.26 -1.33% | 109.55M | |
| 12.44 | -0.25 -1.97% | 52.49M |
% Gainers
| 31.68 | +7.78 +32.55% | 18.42M | |
| 89.96 | +13.57 +17.76% | 13.27M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
DailyFinance Wire
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Newswire
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