Barack Obama Launches New Ad On Energy
Obama made a big speech in Lansing, Michigan, on our energy dependence and need to move away from foreign oil. Without a doubt, this addiction is one of the most dangerous and urgent threats this nation has ever faced - from the gas prices that are wiping out your paychecks and straining businesses...
Minimum Wage Goes Up, But Families Still Squeezed by Rising Prices
Poverty & Mobility Antonio Tellez, a street vendor in Los Angeles, is one of an estimated 2 million Americans who will receive a raise today when the federal minimum wage rises $0.70, to $6.55 per hour. SOURCE: AP Photo/Damien Dovarganes July 24, 2008 At least 2 million people are set to receive...
No let-up in global stocks slide
Traders are worried about oil prices and the health of the US economy Global stock markets have suffered a sell-off sparked by concerns about the global economy and crude oil prices which have hit a new record. New York’s Dow Jones closed down 0.93%, or 106.9 points, at 11,346.51...
Resignation of Mishkin leaves Fed board ranks thin
By Sue Kirchhoff, USA TODAY WASHINGTON — Federal Reserve Gov. Frederic Mishkin said Wednesday that he would resign from the central bank at the end of August to return to his Columbia University teaching post. His surprise announcement leaves an already short-staffed central bank even more depleted...
Bush calls out Congress on economy
President calls on legislators to pass bills that will help ease the effects of the economic downturn, saying lawmakers have not done enough. President Bush addressed Americans’ anxiety about the effects that the U.S. economic downturn has taken on their wallets Tuesday, calling on Congress to...
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