president obama

As the crisis in Libya continues to shake world oil markets, many voices are calling for President Obama to tap into the Strategic Petroleum Reserve. With gasoline prices up 33 cents a gallon in the last month, that's a tempting idea. It's also the wrong one.

Winter in the Northeast was particularly brutal this year, but not enough to account for the likely record prices. Blame crude oil's recent price jump for that. But the chills could become even worse if Obama's proposed cut in low-income energy subsidies passes.

With new faces in Congress, President Obama knows his $3.73 trillion budget will be a hard sell. That's why he took his message to the airwaves this week, making TV appearances and issuing statements calling for "tough choices and sacrifices." A top priority of Obama's budget plan is to hack away...

In the State of the Union address in January, President Barack Obama set a goal of getting 1 million electric cars on the road by 2015. Now he's proposed $7,500 rebates, instead of tax credits, to reach that goal. Will that be enough to make it doable?

With protesters swarming the streets of Egypt, its stock market has taken a hit. But discount the doomsday scenarios. The sell-off could provide a good entry point for investors with the stomach to endure until things turn around, which seems more likely than most now expect.

Approval ratings for both President Barack Obama and Congress have reached their highest levels in more than a year, according to a Harris Interactive poll released Monday.

In his State of the Union address, President Obama didn't shy away from tackling the ongoing questions about the health care reform law head on. And though he opened with a joke, he made it clear that while he's serious about repairing any flaws in the law, repeal is not an option.

The Tea Party says everything is on the table regarding its goal to cut federal spending and balance the budget -- including defense spending. If the political faction succeeds in cutting military spending, not only would the U.S. economy benefit, national security could well be strengthened.

The economy and job creation will be the focus of Obama's speech -- as they should be. But behind the pessimistic hand-wringing and political posturing is a surprising rebound, and jobs are steadily being added.

Consumers may not notice many of the changes that are expected to come with the sweeping U.S. Food and Drug Administration Food Safety Modernization Act -- other than a hoped-for drop in the number of those sickened from tainted food. "The Food Safety Modernization Act is the most significant food...