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President Barack Obama (AP Photo/Pablo Martinez Monsivais)

Home Depot Co-Founder Langone: I Pray Obama Is One-Term President

President Barack Obama should be a one-term president as his policies have failed to make fundamental improvements to the economy, says Home Depot co-founder Ken Langone. Under Obama, the government has spent hundreds of billions of dollars stimulating the economy which have added to the country's debt burdens. "This president needs to go because he hasn't gotten the job done," Langone says. "I'm praying to God that the president is a one-term president." [Full Story]

BlackRock’s Doll: Bull Market Yet to Hit Highs

BlackRock chief equity strategist Bob Doll says this bull market hasn't peaked yet, regardless of appearances.... [Full Story]

Fed’s Bullard: Fiscal, Not Monetary, Policy Key to Jobs

Federal Reserve Bank of St. Louis President James Bullard said fiscal [Full Story]

Several Fed Members May Favor More Easing if Economy Falters

Several Federal Reserve policy makers said a loss of momentum in growth [Full Story]

Mining Titan BHP: Investors Have Lost Faith in Global Economy

BHP Billiton said it expects commodity markets to cool further and that [Full Story]

Spitzer: JPMorgan Fiasco Proves We Must Break Up the Big Banks

JPMorgan Chase’s $2 billion trading loss illustrates the need to tear apart [Full Story]

Wilbur Ross: Natural Gas Could Triple in Price Over Several Years

Natural gas prices may be low today due to a supply glut but they're due [Full Story]

Investors Flock Back to US Dollar as Global Woes Mount

The escalating Greek debt crisis and spotty but sustained U.S. economic [Full Story]

Economist Weinberg: Global Markets Face 'Vortex' of European Uncertainty

Global financial markets face a vortex of uncertainty because of the [Full Story]

Home Depot Co-Founder Langone: America's Best Days Are Ahead

Despite rampant government spending and heavy-handed regulations, the [Full Story]

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Finance News

ECB Stops Lending to Some Greek Banks as Draghi Talks of Exit

The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as President Mario Dragi signaled the ECB won t compromise on key principles to keep Greece in the euro area. The Frankfurt-based ECB said today it will push the... [Full Story]

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Economy

Housing, Industrial Data Point to Steady Growth

Groundbreaking for U.S. homes rebounded in April and factory activity gained steam, suggesting a moderate pickup in economic growth early in the second quarter. [Full Story]

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Companies

Apple Said to Plan iPhone With Bigger Screen

Apple Inc. plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said. [Full Story]

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Markets

Gold, Nearing Bear Market, Declines on Greece Political Crisis

Gold, on the brink of a bear market, declined for a fourth straight session as concern that Greece will have to leave the euro boosted the dollar and cut the metal’s appeal as an alternative asset. [Full Story]

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Investing & Analysis

Reuters: Coty Selects Banks for IPO Later This Year

Beauty company Coty Inc. has selected Bank of America Merrill Lynch and JPMorgan Chase & Co. to be the lead underwriters for a planned initial public offering this autumn, a person familiar with the matter told Reuters. [Full Story]