Tag Archives: economy

Four soldiers killed in Colombia firefight

Four Colombian soldiers are dead and six are missing after a firefight with Marxist guerrillas, Defense Minister Juan Manuel Santos said Tuesday. In his second prime time news conference, Obama called on Americans to look to the future with a “renewed confidence that a better day will come.” “We will recover from this recession,” the president said

Obama defends budget as essential to recovery

President Obama said Tuesday "there are no quick fixes" to pull the economy out of recession, but he insisted the country will recover. In his second prime time news conference, Obama called on Americans to look to the future with a “renewed confidence that a better day will come.” “We will recover from this recession,” the president said.

Vermont Senate votes to legalize same-sex marriage

The Vermont Senate voted overwhelmingly Monday to legalize same-sex marriage, potentially setting the stage for a high-profile legislative showdown and breaking a new political barrier in the state that made history in 2000 by becoming the first to approve civil unions for gay and lesbian couples.

Yellin: Geithner faces a tough room

Slouching alone at the head table before a room of business reporters, Treasury Secretary Tim Geithner looked like an overgrown prep school student facing the expulsion board after violating the honors code. It wasn’t what he said, but his demeanor as he said it. Cautious, gazing out, he seemed to be shrinking from the room

Summers defends White House response to AIG bonuses

With outrage mounting over AIG’s $165 million in bonuses to executives, the president’s chief economic adviser offered a new line of defense for the White House in an exclusive interview with CNN. Larry Summers suggested that if Treasury Secretary Timothy Geithner had pushed the insurance giant too hard on the bonuses, AIG could have collapsed just like Lehman Brothers and sparked an even bigger crisis

Poll: Unemployment is Americans’ top economic concern

A new national poll indicates that worries about unemployment have tripled over the past year. Thirty-six percent of people questioned in a CNN/Opinion Research Corp. survey released Monday morning said unemployment is the most important economic issue facing the country today, almost three times higher than the 13 percent who felt the same way last April

Obama rating high, but poll finds worries on economy

A national poll indicates that nearly two out of three Americans approve of the job President Obama’s doing, but the survey suggests that people appear to be split on how he’s handling some aspects of the economy. Obama’s job approval rating stands at 64 percent in a CNN/Opinion Research Corp