Highlights of Obama’s first year, by the numbers:___ 7,949.09—Dow Jones Industrial Average close on Jan. 20, 2009. 10,609.65—Dow Jones Industrial Average close on Jan. 15, 2010. 13 million—Number of people 16 and older unemployed as of January 2009. 14.7 million—Number of people 16 and older unemployed as of December 2009. 7.7 percent—Unemployment rate January 2009 10.0 percent—Unemployment rate December 2009 $787 billion—Cost ...
n a stunning reversal of the nation's federal campaign finance laws, the Supreme Court ruled Thursday that as an exercise of free speech, corporations, labor unions and other groups can directly spend on political campaigns. // In a stunning reversal of the nation's federal campaign finance laws, the Supreme Court ruled ...
Americans borrowed less for a 10th consecutive month in November with total credit and borrowing on credit cards falling by the largest amounts on records going back nearly seven decades. The Federal Reserve said yesterday that total borrowing dropped by $17.5 billion in November, a much bigger decline than the $5 billion decrease economists had expected. November’s ...
By Hugh Son Jan. 7 (Bloomberg) -- The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurer’s payments to ...
This just reiterates the reasons why we are in the state of decline that our country is "enjoying" today, people really are that clueless? How can we have any HOPE [there is that word again] of returning to our former "Greatness" with so many Average citizens being this unaware of how our economy, and or ...
December was the worst month for US unemployment since the Great Recession began. By Ambrose Evans-Pritchard Published: 6:35PM GMT 10 Jan 2010 The labour force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. The broad ...
President Barack Obama asked Democratic lawmakers on Tuesday to speed up efforts to finalize a health bill by renouncing to a traditional conference committee meant to resolve differences between the House and Senate versions, the Washington Post reports. If Democratic leaders agree, the House would work on and amend the Senate version of the legislation before ...
MARK DeCAMBRE, PAUL THARP and JOHN AIDAN BYRNE NY Post January 10, 2010 After a string of personal and political bungles by Treasury Secretary Tim Geithner, critics of the country’s top money man are wondering what it takes to lose your job in Washington DC. Geithner’s fielding a fresh round of criticism after e-mails surfaced last week that ...
Source: The Associated Press WASHINGTON - Blackwater Worldwide's legal woes haven't dimmed the company's prospects in Afghanistan, where it's a contender to be a key part of President Barack Obama's strategy for stabilizing the country. Now called Xe Services, the company is in the running for a Pentagon contract potentially worth $1 billion to ...
SACRAMENTO, CA - There's a lot of grumbling among employees around the headquarters for the California Department of Motor Vehicles. For almost a year, they've had Fridays off as part of a plan to save money for financially strapped California. But the days off have also created a mess -- a huge backlog of DMV records, drivers ...