obama administration

President Obama brought executives from 13 major U.S. firms to the White House Wednesday to meet with Chinese Premier Hu Jintao. The corporate leaders will surely be angling for better access to China's markets, which could boost their stocks. But only a few are actually good investments now.

President Barack Obama said he will order an overhaul of U.S. business regulations in a bid to cut unnecessary red tape and improve consumer protection. In an opinion piece in today'sWall Street Journal, Obama said the overhaul will address issues such as the need for new safety rules for infant...

For the most part, the business community has cheered the president's appointment of Wall Street banker -- and former secretary of commerce -- William Daley as the new White House chief of staff. Daley is widely expected to enhance the administration's business reputation, but that's hardly a cake walk, even for a businessman.

President Barack Obama is considering naming former Commerce Secretary William Daley to a top White House post, perhaps chief of staff, The Associated Press reported. Daley, 62, is a JPMorgan Chase (JPM) executive and brother of Chicago Mayor Richard Daley. His appointment could help the Obama...

President Barack Obama is meeting with 20 top CEOs today as he seeks to improve relations with the business community. The invitation list largely shuns Wall Street in favor of high-flying tech companies. Eric Schmidt of Google (GOOG) will be there, as will Paul Otellini of Intel (INTC),...

The Senate presented the final price tag of $858 billion for President Obama's tax deal Republican leaders and began debating the package Thursday night. The Senate aims to vote on the bill Monday, a week after it was first announced, The Wall Street Journal reported. It is expected to clear the...

For the fifth time this year, Congress has voted to postpone steep Medicare pay cuts for doctors. The latest vote gives doctors a year's reprieve from the 25% pay cut, which some have said would keep them from accepting new Medicare patients.

If the extension of the Bush tax cuts triggers a market rally, as many expect, investors will likely rush in. But caution is advised: High prices can also mean high risk. Here are some tips from Alan Lancz, director of research at LanczGlobal.com, on how investors can avoid getting burned.

The president bristled at criticism of his compromise with the GOP: "This isn't an abstract debate," the president said. "This is real money for real people that will make a real difference in the lives of the folks who sent us here."

President Barack Obama has cut a deal with Republicans to extend Bush-era tax cuts for two years and unemployment benefits for 13 months. But the plan is already drawing fire from Obama's own liberal supporters.