Upon taking office in 2009, Obama inherited two costly wars and an economy that had violently imploded just months before. What’s changed since then? Quite a bit — some for the better, some not. Here’s a midterm progress repor…
There’s no shortage of pundits who shot to fame on the back of a bold, contrarian call only to come up empty afterwards. Meredith Whitney and Nuriel Rubini are just two pundits who called the meltdown while most others were obl…
Paul Volcker, chairman of the Economic Recovery Advisory Board for President Barack Obama, is set to step down from the position next month. As a key adviser to the president, Volcker has advocated for tougher financial regulat…
After getting hammered by the financial crisis two years ago, investors are finally showing signs of crawling out of their shells again. But they’re still scarred and likely to be playing it a lot safer this time around. A new …
Stocks closed broadly higher Tuesday, helped by more deal activity in the financial sector and upbeat earnings from the tech sector. After more than two years, the market has regained all its losses following the implosion of L…