XML FeedsArchives for: August 2011, 17
Report: Government probe of Standard and Poor's
By News on Aug 17, 2011
WASHINGTON (AP) -- The New York Times reports that the Justice Department is investigating whether the Standard & Poor's credit ratings agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis....
Obama's plan: New jobs proposals, challenging GOP
By News on Aug 17, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_OBAMA_JOBS?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Under fire in a nation desperate for jobs, President Barack Obama will soon announce a broad package of tax cuts, construction work and help for the millions of Americans who have been unemployed for months, a White House official said Wednesday. Republicans immediately cast doubt about any such plan, setting up a fresh economic showdown as the presidential campaign intensifies....On the road with Obama - a hunt for photo ops
By News on Aug 17, 2011
ATKINSON, Ill. (AP) -- Food is a staple of presidential road trips. Yes, there's the eating. But there's also the selection, the sharing, the location, the guest list. Food - greasy, rich, sweet or drippy - can be a presidential event....
Obama: Another year or more for housing turnaround
By News on Aug 17, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
ATKINSON, Ill. (AP) -- Confronting the most public anxiety yet of his Midwestern tour, President Barack Obama sought Wednesday to reassure an audience in his home state of Illinois that the economy would recover, but warned that Washington is not the answer to the nation's economic troubles. He conceded that it will take at least a year for housing prices and sales to start rising, a key marker of an improved economy....US stocks fluctuate after earnings reports
By News on Aug 17, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=ILMOL&SECTION=HOME&TEMPLATE=DEFAULT
NEW YORK (AP) -- U.S. stocks fluctuated Wednesday after companies reported strong earnings but gave mixed forecasts for the future....