1.President Barack Obama and his economic team are taking a cheerier tone on the economy while making about ten billion dollars in federal loans available to struggling small businesses. The White House economic team hopes to build confidence in the...
1. The president's chief economic adviser calls the tens of millions of dollars in new bonuses paid out by AIG outrageous. Larry Summers says these kinds of bonus payments should be a matter of future regulations. AIG has gotten more than 170 billio...
1. President Bush says its obvious the economy is going through a tough time. He wants the country to be optimistic about the future with unemployment low, productivity high. On Wall Street, stocks tumbled, the Dow giving up about 195 points. 2. By...
1. A change at the top in New York. Lieutenant Governor David Paterson is taking over for disgraced Governor Eliot Spitzer. In a press conference, Paterson said if legislators can pass the budget on time, the state will be back on track. 2. A teenag...
.New York Governor Eliot Spitzer is giving late-night comedians plenty of material, but in political circles no one is laughing. The State Assembly leader says if Spitzer doesn't resign over a call-girl scandal, he is ready to call for an impeachmen...
1.As expected, the federal budget deficit is climbing skyward. Its hit 765 billion dollars in just the first five months of the fiscal year and its well on its way to the administrations projection of 1.75 trillion for the whole year. The blame goes...
1. President Barack Obama is announcing a wide-ranging education policy that embraces merit pay for teachers and a longer school day and year. He also wants to end limits on charter schools. 2. Police in Northern Ireland say they have two suspects i...
1.President Barack Obama calls his decision to lift restrictions on funding for stem cell research a difficult and delicate balance. The order Obama signed today aims to increase research into cures for paralysis and other ailments, though he notes...
The pastor of a suburban Saint Louis church dead after a gunman opened fire in the middle of a Sunday service.Police said minister deflected one bone as the Bible before the re-struckened the chest. Two other were slashed as they wrestled the shoote...
1. Secretary of State Hillary Rodham Clinton says President Barack Obama will head to Turkey in the next month or so to discuss plans to withdraw troops from Iraq. The trip to the Muslim nation would be one of the first foreign visits in Obama's pre...
1. A dozen private boats have taken over in the search off the Florida coast for any sign of two missing NFL players and a friend. The Coast Guard called off its search for the men. But crews gathered Wednesday to retrieve their overturned fishing b...
1.A new survey by the Federal Reserve says the economy has gotten even weaker in the last two months, and the outlook for quick recovery is bleak. Still the Dow made up some ground today taking back some of what it had lost over the past week. 2.Pre...
1.Treasury Secretary Timothy Geithner has been on Capitol Hill, defending the Obama administration's 3.6-trillion-dollar budget. He says the budget and its tax proposals make for very good economic policy. 2. The active search effort for two NFL pla...
1.The Coast Guard says it will continue to search waters off Florida's Gulf Coast for three missing boaters. That's after crews rescued a fourth man. Former University of South Florida football player Nick Schuyler was clinging to an overturned boat...
1. Spring is only weeks away, but it doesn't look like it in eastern parts of the country. Winter storm warnings are up across the South, the Mid-Atlantic and the Northeast. 2. Meanwhile, three tornadoes barreled through east central Alabama, destro...
