Morningstar markets editor Jeremy Glaser on the market's high earnings expectations, potholes for plugged-in cars, the Google-China conflict, and more.
President Barack Obama urged Congress Tuesday to delay the looming sequestration cuts by passing a package of both spending cuts and tax hikes, but reports said Wednesday that Obama’s plan was DOA in the House.
Mary Jo White, a prosecutor and former U.S. attorney in Manhattan, will be nominated by President Barack Obama to be the next chairman of the Securities and Exchange Commission, according to a White House statement.
"It’s not a bigger government we need," said President Barack Obama in his State of the Union address Tuesday, "but a smarter government that sets priorities and invests in broad-based growth.”