Economy Jul 21 Bernanke: Fed has Stimulus Exit Strategy Federal Reserve Chairman Ben Bernanke looked to assure lawmakers and Wall Street that the central bank will be able to scale down its massive stimulus efforts and avoid inflationary concerns when the economic recovery is more certain.
Health Jul 20 Obama Renews Drive for Health Care Reform President Barack Obama is renewing his focus on convincing voters and lawmakers of the need to pass health care reform legislation this year.
Politics Jul 20 Lone Surviving Gunman in Mumbai Attacks Pleads Guilty The lone surviving gunman in the coordinated attacks in the Indian financial capital Mumbai in November made a dramatic court confession Monday, reversing months of denials.
Nation Jul 18 Iconic Anchorman Walter Cronkite Dies at 92 Walter Cronkite, now an American icon, covered the biggest stories of the 20th century with unfailing reliability as an anchorman for CBS Evening News. He died Friday after a long illness at his home in New York at age 92.
Economy Jul 17 Bank of America, Citigroup Report Strong Profits Two ailing banks that just a few months ago symbolized many of the troubles afflicting the American banking system posted strong second-quarter profits Friday, exceeding analysts' expectations.
World Jul 17 Blasts at Jakarta Hotels Kill 8, Injure More Than 50 Suicide bombers detonated a pair of heavy explosives Friday at two American luxury hotels in Indonesia's capital Jakarta, killing at least eight people and wounding dozens more, police said.
Politics Jul 17 At NAACP Centennial, Obama Speaks of Struggle President Barack Obama delivered a rousing speech Thursday to the National Association for the Advancement of Colored People, paying tribute to the organization's history and challenging its members to confront continued racial disparities.
Health Jul 16 CBO, Democrats Spar Over Cost of Health Care Reform Legislation Democratic leaders in Congress clashed Thursday with Congressional Budget Office director Doug Elmendorf over his statement that the legislation coming out of the House and Senate this week would significantly raise federal spending on health care.
Economy Jul 16 China Holds Workers, Stirring Diplomatic Spat China's detention of four employees of the Australian mining company Rio Tinto on suspicion of stealing government secrets earlier this month has caused a stir on the global business front.
Economy Jul 16 Paulson Rebuts Congress' Rebuke on Bank Merger Lawmakers grilled former Treasury Secretary Henry Paulson Thursday over the government's role in Bank of America's merger with Merrill Lynch, saying authorities withheld information about losses and intimidated bank executives into sealing the deal.