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Elections 2012

With November fast approaching the Republican and Democratic campaigns are heating up. Here’s what you need to know about the candidates, their platforms and policies and major election events.

President Obama Wins Second Term

President Barack Obama won re-election over Republican challenger Mitt Romney, the call coming moments after the president was declared the winner in the key battleground swing state Ohio.The president will now have another four years to see through policies intended to dig the country out an economic morass not seen since the Great Depression in the 1930s. The economy was the central issue of the election and exit polls showed that jobs remained the top concern of most voters.Voters were asked to choose between two markedly different visions of how the nation should be governed. Obama favors an expansive government, while Romney argued that the government is too intrusive and too costly.Polls had shown the race as neck and neck for weeks and that prediction came true in the popular election. But Obama began to break away in the race for electoral votes several hours after polls closed on the East Coast.The win by Obama in Ohio, projected by Fox and other television networks just befor...

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  1. Obama Poised for Financial Win if He Loses

    The latest national polls show the race for the White House remains in a dead heat with just hours remaining before Americans head to the polls to decide this pivota...

  2. Team Obama Vows Electoral and Popular Vote Win

    President Barack Obama and Governor Mitt Romney are tied - that's what the polls say. But if you ask the campaigns, they might tell you something else. Obama's top p...

  3. What If There Was No IRS?

    "The third agency of government I would – I would do away with [is] Education, Commerce and, let's see. I can't. The third one, I can't. Sorry. Oops."I bet Texas Gov...

  4. Schwab Shareholders Approve Company's Executive-Compensation Plan

    Charles Schwab Corp. (SCHW) shareholders approved last year's compensation for top executives of the discount brokerage and signed off on a company proposal to issue...

  5. SocGen's Russia unit CEO faces seven years on bribery allegations

    The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with c...

  6. Donations, lobbying by high-speed traders on the rise: report

    High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a repo...

  7. IRS Apologizes for Targeting Conservative Groups

    Republican lawmakers blasted the Internal Revenue Service on Friday after a top IRS official apologized for "inappropriate" targeting by the agency of applications f...

  8. Obama Makes Fun of Himself, GOP and Media at Correspondents' Dinner

    President Barack Obama poked fun at the press, Republicans, his wife's much-discussed hairstyle and himself at the White House Correspondents' Dinner on Saturday nig...

  9. U.S. Stocks Extend Losses on Disappointing Housing Data

    Stocks turned lower midmorning, as a disappointing reading on the housing market and a dour earnings report from bellwether Caterpillar Inc. (CAT) outweighed positiv...

  10. Market Volatility Emerges from Hibernation

    After going nearly silent throughout the winter, volatility has crept back onto Wall Street in recent days as investors fear a global economic slowdown, collapsing g...

  11. Petroperu Interested in Minority Stake in Repsol Refinery - PM

    State-owned oil company Petroleos del Peru SA (PETROBC1.VL), or Petroperu, is studying the possibility of taking a minority stake in the Repsol SA (REP.MC, REPYY) La...

  12. MARKET SNAPSHOT: U.S. Stocks Lose Most In 5 Months On China

    U.S. stock indexes fell the most in five months Monday, swept up in a rush out of gold, oil and other commodities, after reports from China showed the industrial gia...

  1. The Wackiest 2012 Election Predictors

    It's been a long and tiring election season. And what seems like years of intense campaigning all comes down to this: Election Day 2012. But before the last ballots ...

  2. America…Let's Not Wreck It

    It seems like forever that we've been waiting for today's presidential election. So, here we are in the midst of a moment that could put another nail in free markets...

  3. Will Momentum Benefit Romney on Election Day ?

    FNC’s Megyn Kelly on the Presidential election and how networks interpret the exit poll data.

  4. Gasparino on Stocks Pointing to a Romney Victory

    FBN's Charlie Gasparino on what the markets are saying about the election.

  5. Romney's Hedge-Fund Backers Ready to Party

    There is one group of voters Mitt Romney should win in a landslide in Tuesday's U.S. presidential election: hedge fund managers.Most of the best-known hedge fund man...

  6. The Key Elections to Watch on Election Day

    Rasmussen Reports President Scott Rasmussen on the Presidential race and other key elections across the country.

  7. Can Candidates Win the Election Without Ohio?

    ABC News’ Jake Tapper on the key states to watch in the Presidential election .

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