Dec 16 Fed to Keep Interest Rates 'Exceptionally Low' The Federal Reserve wrapped up its final policy meeting of the year on Wednesday, and, as expected, announced it would keep rates near zero "for an extended period." Following two-days of meetings, the central bank's Federal Open Market Committee… Continue reading
Dec 16 Senate Hits New Roadblock in Health Care Debate Updated 3:55 PM ET: The Senate hit a three-hour roadblock Wednesday afternoon in its negotiations over a health care reform bill, when Sen. Tom Coburn, R-Okla., forced a reading of a 767-page amendment to the bill on the Senate floor. Continue reading
Dec 16 Wednesday's Headlines: Hundreds Arrested, Issues Linger in Copenhagen --Police push back protesters in Copenhagen on Wednesday, the 10th day of the United Nations Climate Change Conference. Danish police fired tear gas and arrested more than 200 activists, who accuse negotiators of ignoring their voices. (Photo by Adrian… Continue reading
Dec 15 President Obama: We Are 'On the Precipice' of Health Reform With all eyes on the health reform debate, President Obama said Tuesday afternoon that Congress is "on the precipice" of passing an overhaul bill. He spoke to reporters after a White House meeting with the Senate Democratic caucus. Continue reading
Dec 15 'Gitmo North' Has Illinois Region Seeing Dollar Signs By Dave Gustafson Tuesday's announcement that the Obama administration intends to move some Guantanamo Bay detainees to an underutilized prison in rural Illinois has met resistance from congressional Republicans and the largest state employee union. There are also… Continue reading
Dec 15 Making Sen$e of 2010: Economic Surprises in Store By Carolyn O'Hara As the end of a tumultuous economic year approaches, the PBS NewsHour asked several economists and financial experts to look ahead to 2010 and answer one question: What economic development would surprise you most?… Continue reading
Dec 15 Tuesday's Headlines: Democrats May Drop Medicare Buy-in From Health Bill --Senators Patty Murray, D-Wash., Max Baucus, D-Mont., Richard Durbin, D-Ill., Harry Reid, D-Nev., Charles Schumer, D-N.Y., and Christopher Dodd, D-Conn., make brief statements Monday evening at the Capitol. (Photo by Chip Somodevilla/Getty Images.) Monday, it was Wall Street… Continue reading
Dec 15 Watch Other News: Car Bombings Rock Afghanistan, Pakistan In other news, car bombings in both Afghanistan and Pakistan killed at least 40 people and wounded scores more, and medical research pointed to possible danger from radiation during CAT scans. Continue watching
Dec 14 Making Sen$e of 2010: The Next Crisis By Carolyn O'Hara With the end of a tumultuous economic year approaching, the PBS NewsHour asked several economists to look ahead to 2010 and answer one question: What other crises may be looming?… Continue reading
Dec 14 Senate Enters Critical Week for Health Care Reform After a weekend spent passing a $1.1 trillion spending bill, the Senate will once again take up the complex issue of health care reform Monday afternoon. Last week, Majority Leader Harry Reid, D-Nev., looked headed toward the 60 votes… Continue reading