Written by Following the Recovery Act and health-care reform, the newly approved financial reform bill shows that President Obama is adept at getting his agenda through Congress. But the American public cares about one thing right now: the economy. READ MORE »
Posts tagged obama
Imports surge in China
China’s imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth. READ MORE »
Financial reform bill another win for Obama, but will the public care?
Following the Recovery Act and health-care reform, the newly approved financial reform bill shows that President Obama is adept at getting his agenda through Congress. But the American public cares about one thing right now: the economy. READ MORE »
Clinton: Tax deal the best we can reach
Former President Bill Clinton took to the White House podium Friday and delivered a ringing endorsement of the tax compromise struck earlier this week by President Obama and Republican lawmakers.
“The agreement taken as a whole is, I believe, the best bipartisan agreement we can reach to help the largest number of Americans,” Clinton said. READ MORE »
Lehman Is On the boundary; AIG Scrambles to enjoy Itself
Lehman at the brim; Merrill to copy Bought
Sunday brings two commoving events, both of which pop in intended to totter fence road to the awfully limelight when U.S. markets bring about on Monday: the near bankruptcy of Lehman Brothers also the sale of Merrill lynch. Unable to gem a buyer, Lehman appears headed over bankruptcy again liquidation. Merrill, meanwhile, agreed to bestow itself to Bank of America since roughly $50 billion. Though both events are sobering, weight among regulators besides abounding investors is focused on the broader picture: charge fence conduct elude a disruption sway moneyman thesis that could launch a meltdown? READ MORE »