No stopgap: Obama demands big deal for debt limit
Posted: July 11, 2011WASHINGTON (AP) — President Barack Obama declared Monday he would reject any stopgap extension of the nation's borrowing limit, adding fresh urgency for Republicans and fello... read more.
Lousy jobs number complicates debt deal for both Obama and GOP
Posted: July 8, 2011June's woefully underwhelming increase in jobs is a climactic twist in the negotiations between President Obama and congressional Republicans over federal borrowing, government deb... read more.
Obama: Debt deal will be "painful"
Posted: July 7, 2011After putting controversial cuts to Social Security and Medicare on the table in negotiations with congressional Republicans over a plan to raise the nation's debt ceiling, Preside... read more.
Manufacturing rises but consumers remain wary
Posted: July 1, 2011NEW YORK (Reuters) - The pace of growth in U.S. manufacturing picked up for the first time in four months in June, surprising investors and fueling optimism the recent economic slo... read more.
Fuzzy math in health law formula
Posted: June 30, 2011WASHINGTON (AP) — Another unintended consequence of President Barack Obama's health care law has emerged: Older adults of the same age and income with similar medical histori... read more.
Oil drops 11 percent in 2nd quarter
Posted: June 30, 2011NEW YORK (AP) — After rising to become an obstacle to economic growth, oil prices went backward in the second quarter.The benchmark price in the U.S. dropped nearly 16 percen... read more.
2011-06-29 "Everybody Wins" B of A's $8.5 Billion Settlement
Posted: June 29, 2011Bank of America is poised to pay what may be the biggest settlement of the financial crisis era: $8.5 billion. The sum exceeds the company's profits earned so far this year and is ... read more.
By Kalen Smith, Investopedia -- Gold is one of the most widely discussed metals due to its prominent role in both the investment and consumer world. Even though gold is no longer u... read more.
Iran fires missiles in second day of war games
Posted: June 28, 2011TEHRAN (Reuters) - Iran's Revolutionary Guards tested 14 missiles on Tuesday, the second day of war games intended as a show of strength toward enemies Israel and the United States... read more.
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