Daily News Channel
Ever since he began his uphill battle for the Presidency two years ago, Barack Obama has been getting mobbed for photos and autographs, and that enthusiasm and passion has only grown since he entered the Oval Office. But even President Obama must be a little taken aback by the identity of some of his well-wishers on Capitol Hill of late.
Sheila Bair, head of the Federal Deposit Insurance Corporation , is working hard to reassure everyone that her banks, all 8,305 of them, are safe. Repeating her familiar mantra Wednesday on the CBS Morning Show, Bair said of FDIC-protected accounts, “Nobody’s ever lost a penny of insured deposits.” Bair had good reason to be out on the stump
In apparent homage to the new President, PepsiCo has plastered the sides of buses and bus stops in the nation’s capital with slogans like “Yes You Can,” “Optimismmmm” and “Hope.” In each poster, the letter “O” is inscribed with the redesigned Pepsi logo, a red, white and blue sphere that echoes the rising sun image used by the Obama campaign. It is not hard to interpret the message. Since 1984, Pepsi has been marketing itself as the hip, happening beverage of youth — “The Choice of a New Generation,” as its longtime slogan went
President Obama on Thursday unveiled a $3 trillion-plus budget that he says will halve the federal deficit by the end of his first term.
President Obama on Thursday presented a budget that he said is an "honest accounting of where we are and where we intend to go." Congress received a 140-page summary of the budget for fiscal year 2010 Thursday morning. The full details are expected in April. The government’s fiscal year runs from October of one year to September of the next
President Obama’s address to Congress was full of lofty promises to make unprecedented investments in government programs, even as he aims to cut the deficit in half by the end of his first term. But it takes more than a proposal to bring about real change
Three British troops under NATO command were killed in an explosion in southern Afghanistan on Wednesday, the British Defense Ministry said.
"As we stand at this crossroads of history, the eyes of all people in all nations are once again upon us — watching to see what we do with this moment; waiting for us to lead," President Obama said Tuesday night. “Those of us gathered here tonight have been called to govern in extraordinary times. It is a tremendous burden, but also a great privilege — one that has been entrusted to few generations of Americans.
Her school has become a symbol of the kind of crumbling infrastructure that President Obama hopes his stimulus bill will improve.
More than two dozen guests joined first lady Michelle Obama at the president’s speech to a joint session of Congress Tuesday night. One person on the first lady’s guest list was Leonard Abess Jr., a Miami banker who received a $60 million bonus from the proceeds from the sale of shares of City National Bank in Florida and gave it out to his 399 workers and 72 former workers.