Democratic lawmakers may be tempted to vote against the health-care overhaul plan pending in Congress because it remains unpopular with a broad swath of the public. But a new poll suggests that those who do so risk further dispiriting the core supporters who Democrats need to energize for the November midterm elections. The Wall [...]
Stocks edged higher for a second straight day thanks to a rally in the financial sector led by American International Group and Citigroup, which conducted a successful offering of $2 billion in securities. The deal heightened traders’ confidence that Wall Street is putting the worst effects of the financial crisis behind it. In [...]
AP - Senate negotiators are reviewing details of a deal on Wall Street regulations that would create a new entity to oversee consumer financial products ranging from credit cards to mortgages.[Read more...]
AP - Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown, New York state Comptroller Thomas DiNapoli said Tuesday.[Read more...]
PORT-AU-PRINCE, Haiti—Five days after the earthquake devastated the Haitian capital, Claire-Marie Cyprien stepped into a terrifying scene at the General Hospital. Young children and old men lay on thin, filthy mattresses. Some screamed, others were silent. The hospital’s Haitian staff was barely in evidence. Volunteers from France and the U.S. rushed from patient to [...]
AP - Embracing Depression-era policy and populist politics, a combative President Barack Obama chastised big Wall Street banks Thursday and urgently called for limits on their size and investments to stave off a new economic meltdown.[Read more...]
What to make of HP’s “Wall of Touch”? The Wall Street Journal has a nifty little write-up of the technology, and comes away like it just shook hands with Brock Lesnar’s doctors. “Thank you so much, doctor!” The fact is, despite the fact that you don’t actually touch the Wall of Touch, the idea of [...]
Please turn on JavaScript. Media requires JavaScript to play. Advertisement President Obama: "We want our money back and we’re going to [...]
WASHINGTON— President Barack Obama, declaring “we want our money back,” said banks have a responsibility to make taxpayers whole for the financial-sector bailout and should pay a proposed tax by rolling back big bonuses. Mr. Obama, formally unveiling the plan at the White House Thursday, said his goal was not to punish banks, but [...]
A Maryland nurse accomplished two rare feats in her battle with the Internal Revenue Service: She defended herself against the agency’s lawyers and won, and she got a ruling that could help tens of thousands of students deduct the cost of an M.B.A. degree on their taxes. The U.S. Tax Court handed Lori Singleton-Clarke [...]
Greece Avoids S&P Downgrade
Thais spill blood at PM’s house
All sides playing hardball on health care bill
(AP)
Clinton affirms US Israel support
Thai protesters give blood to pour on streets
(AP)
Sri Lanka trial for ex-army chief
EU urges faster cut of UK deficit
Dems start countdown toward health care vote
(AP)
Israel-US ties ‘at historic low’
Deadline for Thai Parliament dissolution passes
(AP)
China Talks Tough to U.S. on Currency
Thai PM rejects protest ultimatum
New deal for rape victims urged
Dem House vote-counter lacks health care votes now
(AP)
Vatican denies celibacy rule led to sex scandal
(AP)