Economy Jan 28 House Passes $819 Billion Economic Stimulus Plan The Democratic-controlled House of Representatives passed President Barack Obama's $819 billion economic stimulus package by a vote of 244-188 Wednesday, with Republicans unanimous in opposition.
Economy Jan 28 Fed Leaves Key Rate at Record Low, Vows to Use All Tools to Help Economy Acknowledging that the economy has continued to deteriorate, the Federal Reserve signaled Wednesday that it will continue to use unconventional tools to cushion the fallout, including keeping a key interest rate at a record low for quite "some time."…
Nation Jan 28 House Defeats Bill to Delay Digital TV Switch The House voted against a bill Wednesday to delay the nation's switch to digital television, handing a defeat to President Barack Obama and congressional Democrats who voiced concern that consumers needed more time to prepare for the transition.
Politics Jan 28 Tenuous Zimbabwe Government Deal Approved as Cholera Crisis Worsens In the midst of an escalating cholera outbreak in Zimbabwe, a summit on a power-sharing deal decided Tuesday that opposition leader Morgan Tsvangirai should be sworn in as prime minister by Feb. 11.
Economy Jan 27 Consumer Confidence Hits New Low as Home Prices Sink, State Unemployment Soars Americans' attitudes about the economy have sunk to a new low as another round of glum economic data released Tuesday also shows home prices plummeting and state unemployment rates soaring.
Economy Jan 27 Obama to Push Stimulus Plan with GOP Lawmakers President Obama is making his first trip to Capitol Hill since his inauguration to push for broad bipartisan support of his $825 billion economic stimulus plan.
Economy Jan 26 U.S. Companies Slash More Than 45,000 Jobs More than 45,000 job cuts were announced by major U.S. companies Monday, part of a wave of global job cuts in response to dismal 2008 financial results.
Science Jan 26 Obama Moves to Revise Fuel Efficiency Policies President Barack Obama on Monday ordered federal regulators to reexamine two policies that could lead to tougher fuel-economy standards for new cars and trucks.
Economy Jan 26 Following Financial Meltdown, Iceland's Government Collapses Iceland's coalition government collapsed Monday under the pressure of the country's financial meltdown, the first government to fall as a direct result of the worldwide economic crisis.
Politics Jan 26 Congolese Warlord on Trial for Using Child Soldiers Congolese former militia leader Thomas Lubanga pleaded not guilty to using child soldiers in the Democratic Republic of Congo's 1998-2003 civil war, as the International Criminal Court's historic first trial opened Monday.