The automakers are working against a deadline today for the plans after Congress’s partisan deadlock last month over how to pay for the loans. The companies also will report November sales today that likely extended a 15% slide through October.
Federal Reserve Chairman Ben S. Bernanke signaled he’s ready to dig deeper into the central bank’s toolkit after cutting interest rates almost as much as he can, opening the door to a shift by policy makers this month.
The Swiss National Bank is becoming the first central bank in Europe to learn what it’s like to live in a zero interest-rate world. “They simply don’t have much room left on interest rates” following a 100 basis-point cut Nov. 20, said senior economi
India picked up intelligence in recent months that terrorists were plotting attacks against Mumbai targets as the government demanded that Islamabad hand over suspected terrorists believed living in Pakistan. A list of about 20 people _ including
A court today dissolved Thailand's top three ruling parties for electoral fraud and banned the prime minister from politics for five years, bringing down a government that has faced months of strident protests seeking its ousting.
See Dr. Albert Bartlett, Prof. of Physics, at Colorado University, prove with simple math almost everything we are told about the sustainability of oil and coal reserves, population growth, and future energy needs is a lie.
Asian stocks tumbled, extending a global rout, as a deepening world recession drove down commodity prices and heightened concern company earnings will collapse as manufacturing shrinks.
The U.S. economy, now officially in recession, may be in the midst of the longest slump in the post- World War II era as job losses mount and credit dries up.
I live in India and I am a proud firearm owner -- but I am the exception not the norm, an odd situation in a country with a proud martial heritage and a long history of firearm innovation. This is not because the people of India are averse to gun own
The bill that is being pushed in 18 states (including Illinois and Indiana) requires all ammunition to be encoded by the manufacturer in a data base of all ammunition sales. So they will know how much you buy and what calibers. Nobody can sell any am
I should have felt triumphant when I returned from Iraq in August 2006. Instead, I was worried and exhausted. My team of interrogators had successfully hunted down one of the most notorious mass murderers of our generation, Abu Musab al-Zarqawi,
Thousands of Icelanders marked the 90th anniversary of their nation's sovereignty with angry protest Monday, and several hundred stormed the central bank to demand the ouster of bankers they blame for the country's spectacular economic meltdo
Cash-strapped American Airlines announced a new series of fees this week that will apply to all customers not currently flying, scheduled to fly, or even thinking about flying aboard the commercial carrier.
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed. It ignored remarkably prescient warnings that foretold the financial meltdown
The idea seemed too crazy to Rod Simmons, a measured, careful field botanist. Naturalists in Arlington County couldn't find any acorns. None. No hickory nuts, either. Then he went out to look for himself. He came up with nothing. Nothing crunched
Its oven was actually a toaster taken out of a P-3 Orion. It had no shower, and there were 4 racks for 11 sailors. The officer in charge slept on the deck behind the conn. The elite crew of the NR-1 could live on the bottom of the ocean for up to a m
In June, Mayor Adrian M. Fenty, his attorney general and the DC police announced military-style checkpoints in which police stop drivers and allow only those with a police-approved "legitimate reason" to continue on the public roadway.
Wars are forever. The memories seem to never end for families. They are passed on from generation to generation.The Civil War, World War I, World War II, Vietnam, Iraq.
Schwarzenegger, a 61-year-old Republican, wants lawmakers to raise taxes and cut spending to narrow the gap that is projected to swell to $28 billion over the next 18 months.
"An Oklahoma teenager is swept up in laws aimed at protecting kids from child predators. He must register as a sex offender for life, as the worst level offender, after having a sex with his girlfriend, who said she was his age, 16...
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After weeks of speculation, President-elect Obama and Vice President-elect Biden officially unveiled their new national security team Monday in Chicago. A quick snapshot of the key players.
President-elect Obama made official the worst-kept secret in Washington this morning: that his national security team will be headlined by a bitter political rival (Clinton) and a member of President Bush’s war cabinet (Gates).
If the Biblical saying (Hosea 4:6) “My people perish from lack of knowledge.” is indeed true, Americans should be placed at the top of the endangered species list.
Noel Sharkey says: "It sends a cold shiver down my spine. I have worked in artificial intelligence for decades, and the idea of a robot making decisions about human termination is terrifying."
Azam Amir, the terrorist who was held by the Mumbai Police, has made some striking revelations regarding the Mumbai terror attacks. Azam has disclosed that the Pakistan Navy had trained the terrorists in boating and swimming to carry out the attacks
Why would anyone want to change our Constitution? Apparently Sarah P. Herlihy does.......since 2006. What a coincidence....she's associated with Barack Obama in Chicago and the law firm of Kirkland & Ellis LLP http://www.kirkland.com
The declaration was made by the National Bureau of Economic Research, a private, nonprofit group of economists based in Cambridge, Massachusetts. The last time the U.S. was in a recession was from March through November 2001, according to NBER.
Three US aircraft carriers with strike groups, task forces and nuclear submarines have piled up in the waters of the Arabian Sea opposite the shores of India, Pakistan and Iran, and in the Persian Gulf.