Archive for January, 2009
Obama to tap Republican as commerce secretary
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Stocks: New month, more fears
After closing out the Dow industrials and S&P 500’s worst January ever, investors might be hoping for a little breathing room before the next wave of negative reports hit. No such luck.
Rollout of rescue package delayed
After initially vowing to unveil a new financial rescue package this coming week, senior officials in President Obama’s administration now say the rollout date is being pushed back an extra week.
California’s cash crunch: IOUs coming
The world’s eighth largest economy is on the verge of issuing IOUs.
Gas prices: Up 14% for the month
Gasoline prices edged higher Saturday and are now 14% higher from where they started the month, according to a daily survey of credit card swipes.
Gas prices: Up 14% for the month
Gasoline prices edged higher Saturday and are now 14% higher from where they started the month, according to a daily survey of credit card swipes.
Stimulus: And now a Senate fight
President Obama faces a tough week: The calls are growing louder for a new bank and housing bailout, and the Senate will take up its version of the economic stimulus package.
Peanut butter blowback
In the wake of the salmonella outbreak that has sickened more than 500 people and been linked to eight deaths, peanut butter makers have moved to separate themselves from the company that produced the tainted product.
Obama pledges mortgage help
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Daschle’s tax records under fire
The Senate Finance committee will meet Monday to review the tax records of former Sen. Tom Daschle, President Barack Obama’s nominee for secretary of Health and Human Services who, according to sources, didn’t pay taxes on a car and driver he had been loaned.
