President Obama

Carnival Corp (NYSE: CCL) said it would start its "historical voyage" to Cuba as planned on May 1 after Cuba lifted a ban on Cuban-born citizens entering and leaving the country by commercial vessels. Cuba's decision comes after President Obama's historic visit to the island in March. In a press...

President Barack Obama on Tuesday delivered a speech in which he called on Congress to put an end to tax inversion deals. One of the most highlighted tax inversion deals includes Pfizer Inc. (NYSE: PFE)'s merger with (NYSE: PFE) Allergan plc (NYSE: AGN), while lesser known deals consist of...

According to a recent Bloomberg article, President Obama may be reversing his position on drilling for oil and gas in the Atlantic, and the move may be pushing oil stocks down on Tuesday. Obama's initial proposal recommended offshore drilling for oil from Georgia to Virginia and marked "the second...

Smith & Wesson Holding Corp (NASDAQ: SWHC) is absolutely booming after Thursday's big beat and record sales. The stock is up more than 20 percent year-to-date and 6 percent on Friday alone. This success, and the success of peer Sturm, Ruger & Company (NYSE: RGR) both follow...

This week, U.S. Secretary of Transportation Anthony Foxx announced that the Obama administration was planning a near $4 billion spending bill that will spur the development of autonomous vehicles. The announcement suggests that the federal government is looking to get involved in propelling the...

Shares of Smith & Wesson Holding Corp (NASDAQ: SWHC) hit a new 52-week high on Tuesday of $21.46. Meanwhile, shares of Sturm, Ruger & Company (NYSE: RGR) gained more than 10 percent over the past five days. Various media reports are correlating the strong performance seen in gun...

This week, President Obama was able to secure enough support in Congress to ensure that his nuclear deal with Iran would not fail. The accord received 34 votes in the Senate; enough to back a veto if Congress throws the measure out. Despite that, Republicans in Washington claim they will continue...

President Obama announced on Monday new actions to bring renewable energy and energy efficiency to households across the United States. In a press release, the White House discussed the "responsible" steps it will take to address climate change, promote clean energy and energy efficiency, drive...

On Monday, the Obama administration together with the Environmental Protection Agency unveiled a new set of guidelines aimed at reducing emissions in the United States. The Clean Power Plan will reduce carbon emissions by 32 percent from their 2005 levels by 2030. Obama plans to allow states to...

Oil prices have moved sharply lower in July as the U.S.-Iran nuclear negotiations drew to a close. The United States Oil Fund LP (NYSE: USO) has lost nearly 12 percent since July 1 as West Texas Intermediate Crude Oil futures fell from above $58 to $52. On Tuesday, prices are slightly lower as...

President Obama is looking to cut carbon emissions by up to 30 percent from 2005 levels with his Clean Power Plan (CPP). The plan has been heavily criticized by both Democrats and Republicans in Washington, D.C. who say the President is overstepping his boundaries. However, initial attempts to...

This week, Congress is set to debate the merits of a "fast-track" bill that will give President Obama more leeway to negotiate trade-partnership deals in both Europe and Asia. Although the Senate has already agreed to pass the bill, it still needs to pass through the House, where opposition is...

The Obama administration earlier this week announced plans to help save the declining population of honey bees in the United States after studies showed that bee colonies have been struggling under a number of environmental factors. Last year, President Obama promised to look into the...

President Obama has been working to secure a pact with Iran to curb the nation's nuclear activity in exchange for loosened sanctions that have squeezed the nation's economy for years. While the deal is expected to open up a variety of investment opportunities for the Iranian economy, many see it...