Economy Mar 23 New Program Aims to Entice Private Investors to Help Banks The Obama administration unveiled the latest program in its financial rescue plan Monday to draw private investors into a partnership with a new federal entity that could buy up troubled assets weighing down the nation's banks.
Politics Mar 20 Israel’s Next Top Diplomat Has History of Ruffling Feathers Israel's anticipated next top diplomat, Avigdor Lieberman, has raised some ire in the international community for his ultra-nationalist stances, which analysts say might have far-reaching consequences on Israel's relations with the rest of the world.
Economy Mar 20 Bleak Deficit Numbers Projected Under Obama’s Budget Plan The Congressional Budget Office released figures Friday forecasting that President Barack Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019 and that the deficit for this fiscal year will rise to a record $1.8 trillion.
Politics Mar 20 Obama Sends Video Message to Iran President Barack Obama sent Iran and its citizens a video message Friday, saying the United States is prepared to end years of strained relations if Tehran tones down its rhetoric.
Politics Mar 19 Q&A: The Path of Stimulus Funds to Local Projects Grover "Russ" Whitehurst is a Brookings Institute Senior Fellow and a former official with the U.S. Department of Education. In this Q&A, he explains how the stimulus funds will make their way to local projects, particularly for school programs.
Economy Mar 19 Concerns Emerge on Prevention of Stimulus Fraud Hoping to cement a strategy that protects the $787 billion stimulus bill from waste and fraud, state and federal officials testified before the Committee on Oversight and Government Reform Thursday about how to track and prevent wasteful spending.
World Mar 19 Bin Laden Criticizes Somali President in Latest Tape Message Al-Qaida leader Osama bin Laden called on Somali militants to topple the country's new President Sheik Sharif Sheik Ahmed in a new audio recording posted Thursday on the Internet.
Politics Mar 18 Obama Holds Town Hall in Costa Mesa, Calif. President Barack Obama held a town hall meeting in Costa Mesa, Calif., Wednesday, where he spoke about the AIG controversy, his plan for the budget and economic recovery plans.
Economy Mar 18 AIG Chairman Liddy Heads to Capitol Hill The head of American International Group appeared on Capitol Hill Wednesday amid a furor over bonus pay at the company and told lawmakers that he's called on employees to return a portion the controversial payments.
Politics Mar 18 Madoff’s Accountant Arrested on Fraud Charges The longtime accountant for jailed swindler Bernard Madoff was arrested Wednesday and charged with fraud dating back 17 years for failing to conduct audits in what was may be the biggest investment fraud on Wall Street.