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These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
Bankruptcies are piling up in the newspaper industry as debt-strapped publishers acknowledge that their businesses are deteriorating faster and for longer than they previously anticipated.
In Beijing, she called on authorities in Beijing to continue buying US Treasuries, saying it would help jumpstart the flagging US economy and stimulate imports of Chinese goods.
Rove's no-show Monday is not surprising – especially to Siegelman, who said Monday in an exclusive Raw Story interview that Rove will never testify under oath "because he is guilty as sin."
WASHINGTON (Reuters) – The United States plans to offer more than $900 million to help rebuild Gaza after Israel's invasion and to strengthen the Western-backed Palestinian Authority, U.S. officials said on Monday.
Now AIG, a company founded in China in 1919, with very strong ties in China, is about to report a $60 billion dollar loss in one quarter and is reported to be seeking even more money - or at least a conversion to common equity - from the federal gove
Just when you think you could not be any more shocked by the things that got secretly stuck in the stimulus bill, Sen. Charles Grassley finds a RAT has been "snuck" into the bill. RAT, acronym for Recovery Accountability and Transparency Bo
In just recent weeks, the federal government has designated billions of tax dollars for bank bailouts, including vast quantities to quasi-government agencies that helped create the economic crisis; billions more for automakers, and billions more for
Of course, step one to recovery is to replace the income tax with nothing, but whether you do it yourself or you wait for Congress to do it for you, there is a lot more going on than the old media is revealing. Nick Turse presents The Depression.
Amtrak police arrest a man because he's taking pictures for their photography contest
"The bubbles in Japan only infected the capital spending sector, which at its peak was only 17 percent, so we really have a bubble infection that is four-times as bad as the Japanese one, and that's a worrisome sort of hangover to deal with,
But, while parents are warned against giving moral guidance, they are encouraged to get their children to use condoms and other contraception from the age of 13.
GM and Chrysler need to secure concessions from employees, creditors and other stockholders by a March 31 deadline to maintain and expand access to U.S. government loans that have kept both out of bankruptcy protection.
Feb. 23 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor’s 500 Index below its lowest close in 12 years, as concern that the deepening recession will erode earnings offset the government’s pledge to give more capital to banks.
"Today, I want to reach out to all of the men and women who are serving in the United States Armed Forces, in law enforcement, and in the intelligence services."
"This new capital will not cost anyone anything. It will be dispensed by magic fairies and recovered at a later date. We cannot share exactly how this magic works because under the rules of the magic ministry...
American Insurance Group, the insurance giant that is 80-percent owned by the US government, is in discussions with the government to secure additional funds so it can keep operating after next Monday. AIG faces a loss of $60 billion for the quarter.
A former Atlanta police officer said Monday there was no excuse for his conduct that resulted in the killing of 92-year-old Kathryn Johnston. “She was the victim of everything I was fighting against,” former Atlanta police Officer Jason Smith said.
Let me put it another way. How many lawyers do you need to run a poker table?
Suddenly we are confronted with an effect associated with the cellular structure of material that we are able to biologically sense. Yet no other measuring device is able to detect any such effect. Also, the zone of influence appears related to the a
In Scottsdale, 35 percent of existing-home sales are foreclosures; the foreclosure rate for Maricopa County is 52 percent.
The Fed would prop up the CMBS market by lending against the securities for a five-year term rather than three years, and taking as collateral existing debt...
The Obama administration, siding with former President George W. Bush, is trying to kill a lawsuit that seeks to recover what could be millions of missing White House e-mails in a stunning reversal of Obama's rhetoric about Bush secrecy on the ca
Digging a bit deeper, only 8.4 percent of homeowners in the San Francisco metro region meet the program’s criteria, and it’s even lower (6.9 percent) in the San Jose region.
Citigroup is a black hole, sucking in every dollar thrown at it and it still wants more. No amount seems enough to save it. Taxpayers have already guaranteed a whopping $300 billion dollars worth of Citigroup debt. Now, two months later...
Police are preparing for a "summer of rage" as victims of the economic downturn take to the streets to demonstrate against financial institutions, the Guardian has learned.
What they need to do is tell the truth. Here is a good statement for to kick off a truth telling campaign: "The banking system is insolvent".
Despite the 25 percent nationwide decline since the 2007 peak, U.S. house prices have still only fallen halfway to fair value. So whatever you think of Obama's plan, don't count on a quick housing-market turnaround.
Is it a test if the results are pre-determined? Apparently Team Obama thinks so.
The U.S. government stands firmly behind the banking system during this period of financial strain to ensure it will be able to perform its key function of providing credit to households and businesses. ...
The settlement was backed by the Swiss government, but experts said it opened cracks in Switzerland's treasured bank secrecy laws, and UBS is still facing a civil case in which U.S. authorities are seeking access to the names of another 52,000 cl
