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Obama seeks to tame runaway U.S. deficits

WASHINGTON (Reuters) – President Barack Obama will seek on Monday to strike a balance between taming skyrocketing U.S. budget deficits and giving the economy a boost to ease the pain of double-digit unemployment.

[ More ] February 1st, 2010 | No Comments | Posted in Business |

IMF working on plans for “green fund”

WASHINGTON (Reuters) – The International Monetary Fund is working on proposals for a multibillion dollar “green fund” to help countries tap funds to deal with the effects of climate change, the head of the institution said on Saturday.

[ More ] January 31st, 2010 | No Comments | Posted in Green |
 

Regulators shut down banks in 5 states

Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington.

[ More ] January 31st, 2010 | No Comments | Posted in Business |

Consumers, Teamsters Protest Fiat/Chrysler at Washington D.C. Auto Show

Protesters Handbill, Sing & Dance, Telling Auto Show Attendees to ‘Beware the Bailout Bandit’
WASHINGTON, Jan. 30 /PRNewswire-USNewswire/ — Today, dozens of Teamsters who deliver new cars for a living, along with consumer activists from CarBuyersB…

[ More ] January 31st, 2010 | No Comments | Posted in Business |
 

U.S. Census Bureau Daily Feature for January 30

WASHINGTON, Jan. 30 /PRNewswire-USNewswire/ — Following is the daily “Profile America” feature from the U.S. Census Bureau:
(Logo: http://www.newscom.com/cgi-bin/prnh/20090226/CENSUSLOGO)
SATURDAY, JANUARY 30: MAIL-ORDER GARDENING
Profile America &#8…

[ More ] January 30th, 2010 | No Comments | Posted in Business |

Obama seeks to boost nuclear power in new budget

WASHINGTON (Reuters) – President Barack Obama’s budget proposal will call for tripling government loan guarantees for new nuclear reactors, an administration official said on Friday, a move sure to win over some Republican lawmakers who want more nucle…

[ More ] January 30th, 2010 | No Comments | Posted in Green |
 

Fannie Mae Redemption

WASHINGTON, Jan. 29 /PRNewswire-FirstCall/ — Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amo…

[ More ] January 29th, 2010 | No Comments | Posted in Business |

U.S. Census Bureau Daily Feature for January 29

WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ — Following is the daily “Profile America” feature from the U.S. Census Bureau:
(Logo: http://www.newscom.com/cgi-bin/prnh/20090226/CENSUSLOGO)
FRIDAY, JANUARY 29: AMERICA IN 1950
Profile America — Friday,…

[ More ] January 29th, 2010 | No Comments | Posted in Business |

Senate backs Bernanke for second term at Fed

WASHINGTON (Reuters) – The Senate on Thursday backed Ben Bernanke for a second four-year term running the Federal Reserve, the world’s most powerful central bank, despite deep misgivings over his perceived policy missteps.

[ More ] January 29th, 2010 | No Comments | Posted in Business |

WHSRA Statement Regarding President Obama’s Awarding of $8 Billion in Funding for High-Speed Rail

WASHINGTON, Jan. 28 /PRNewswire/ — Statement by Jacob Snow, Chairman of the Western High Speed Rail Alliance, in response to President Obama’s awarding of $8 billion in funding for high-speed rail:
“This is a significant start for the future of mobil…

[ More ] January 29th, 2010 | No Comments | Posted in Finance, Services |