Tuesday, 12 Jan 2010 03:48 PM
The Federal Reserve Bank of New York faces a congressional subpoena into bailout decisions made under the leadership of now-Treasury Secretary Timothy Geithner.
Rep. Edolphus Towns, D-N.Y., said Tuesday he will subpoena the New York Fed for documents related to the bailout of failed insurer American International Group Inc. Towns chairs [...]
By Ian Swanson – 01/12/10 09:44 AM ET
U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama.
“Congress, the administration and states must recognize that our weak economy [...]
Friday, 08 Jan 2010 07:15 PM
WASHINGTON – He says “the buck stops with me,” but nearly a year into office President Barack Obama is still blaming a lot of the nation’s troubles — the economy, terrorism, health care — on George W. Bush.
Over and over, Obama keeps reminding Americans of the mess he [...]
Tuesday, December 29, 2009
Last week, the FBI issued its preliminary 2009 crime report, showing that the number of murders in the first half of 2009 decreased 10 percent compared to the first half of 2008. If the trend holds for the remainder of 2009, it will be the single greatest one-year decrease in the number [...]
By Tony Romm – 12/30/09 01:37 PM ET
Democratic strategists Wednesday asserted President Barack Obama “has been far more aggressive in fighting al Qaeda” than the previous administration .
In an e-mail this afternoon to supporters — which incidentally excoriated Republicans for politicizing the attempted bombing of Flight 253 — the Democratic Congressional [...]
by Douglas Rice
Thursday, December 24, 2009
Becoming a millionaire used to mean you were on top of the world. Nowadays, it means you are climbing up the ladder. While a million dollars is completely out of reach for many people, it’s just a step along the way for many others. Why? [...]
With credit tight and consumers still pinching their pennies, many business owners find they can’t go on.
By Nathan Olivarez-GilesDecember 22, 2009
The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing.
As credit lines [...]
By JOSH KRAUSHAAR
Rep. Parker Griffith, a freshman Democrat from Alabama, will announce today that he’s switching parties to become a Republican.
According to two senior GOP aides familiar with the decision, the announcement will take place this afternoon in Griffith’s district in northern Alabama.
Griffith’s party switch comes on the eve of a pivotal [...]
By Gerald Warner UK Last updated: December 15th, 2009
Climategate is a global household name. No cat has ever emancipated itself more completely from the bag. It is a world-wide scandal – thanks to the internet. Yet, as its ramifications proliferate and dominoes continue to fall, the most repeatedly asked question online is: how [...]
By Thomas Ferraro and Andy Sullivan Thomas Ferraro and Andy Sullivan – Thu Dec 17, 2:08 pm ET
WASHINGTON (Reuters) – Former Federal Reserve Chairman Alan Greenspan on Thursday endorsed a proposed bipartisan commission to help make the tough calls needed to [...]