Obama

Speaking from the White House Monday night, President Barack Obama called on leaders from both sides of the aisle to compromise in order to avoid a disastrous national default. In an address to the public, the President urged U.S. legislators to act quickly to avoid a "reckless and irresponsible"...

By James Anderson The loss of Libyan sweet crude, and the scarcity of other sources, seems to be the most logical answer. Yesterday, the International Energy Agency (IEA) called an emergency press conference to announce that the US and its partners will release 60 million barrels of oil in the...

By James Anderson The loss of Libyan sweet crude, and the scarcity of other sources, seems to be the most logical answer. Yesterday, the International Energy Agency (IEA) called an emergency press conference to announce that the US and its partners will release 60 million barrels of oil in the...

President Obama met with Japanese Prime Minister Naoto Kan on Thursday, pledging that the United States would do all it could to support the Japanese rebuilding efforts, according to Reuters. Japan has been devastated by disasters in recent months. The island nation was first hit with tsunamis in...

U.S. President Barack Obama announced late Sunday evening that Osama Bin Laden, a terrorist on the FBI's 10 Most Wanted List, is dead. "Tonight, I can report to the American people and to the world that the United States has conducted an operation that killed Osama bin Laden, the leader of al...

There's an old saying: When the facts support your position, use them. When they don't, or when you get caught lying, throw crap at the wall and hope something sticks! The latest is the National Review which had this to say about my analysis on the birth certificate: The PDF is composed of...

Bloomberg reports that the Obama administration is considering its options as it relates to sanctions against Syria after increased violence against the people. The sanctions would target the officials leading the crackdown against the people and may include freezing their assets and banning...

Bloomberg is reporting this morning that prospective Republican challengers to President Barack Obama's re-election would need to raise roughly $590,000 a day until June 30 if they entered the race today. This comes after former Minnesota Governor, Tim Pawlenty, said that he was setting up an...

During today's press conference, President Obama said that with respect to the budget, there could be another short-term extension. Obama also spoke about the need to explore new oil production frontiers, and reiterated information on the development of a “groundbreaking fuel efficiency standard...

President Obama is proposing a two-year pay freeze for all Government employees, excluding the Armed Forces. The proposal is one of the many steps Obama is taking in an attempt to right the economy. By freezing pay, Obama looks to save $2 billion this year, and $28 billion over the next 5 years....

Boeing (NYSE: BA) and Indian budget carrier, SpiceJet, announced an order for 30 Next-Generation 737-800s with winglets in the presence of U.S. President Obama late last week. Valued at about $2.3 billion at list prices, SpiceJet had declared its intent to purchase Boeing's Next-Generation 737-...

By Wayne Jett © October 10, 2010 Fear was not the only thing Americans had to fear in 1933, as Franklin Roosevelt well knew. High tariffs shut down trade and production; high taxes stripped private capital; and rampant fraud in financial markets looted capital and drove survivors to gold shelter....

Steel names are rising despite weakness in the broader equity markets this morning. U.S. Steel (NYSE: X) is higher by $1.19, or 2.59%, to $47.18. AK Steel (NYSE: AKS) is higher by 28 cents, or 2.04%, to $14.02. Nucor Corporation (NYSE: NUE) is up 58 cents, or 1.50%, to $39.26. There is no specific...