Four Colombian soldiers are dead and six are missing after a firefight with Marxist guerrillas, Defense Minister Juan Manuel Santos said Tuesday. In his second prime time news conference, Obama called on Americans to look to the future with a “renewed confidence that a better day will come.” “We will recover from this recession,” the president said
Tag Archives: economy
Obama defends budget as essential to recovery
President Obama said Tuesday "there are no quick fixes" to pull the economy out of recession, but he insisted the country will recover. In his second prime time news conference, Obama called on Americans to look to the future with a “renewed confidence that a better day will come.” “We will recover from this recession,” the president said.
Vermont Senate votes to legalize same-sex marriage
Asian markets ride Wall Street higher
Yellin: Geithner faces a tough room
Slouching alone at the head table before a room of business reporters, Treasury Secretary Tim Geithner looked like an overgrown prep school student facing the expulsion board after violating the honors code. It wasn’t what he said, but his demeanor as he said it. Cautious, gazing out, he seemed to be shrinking from the room
Upscale restaurant offers free meal to Madoff victims
Summers defends White House response to AIG bonuses
With outrage mounting over AIG’s $165 million in bonuses to executives, the president’s chief economic adviser offered a new line of defense for the White House in an exclusive interview with CNN. Larry Summers suggested that if Treasury Secretary Timothy Geithner had pushed the insurance giant too hard on the bonuses, AIG could have collapsed just like Lehman Brothers and sparked an even bigger crisis
Poll: Unemployment is Americans’ top economic concern
A new national poll indicates that worries about unemployment have tripled over the past year. Thirty-six percent of people questioned in a CNN/Opinion Research Corp. survey released Monday morning said unemployment is the most important economic issue facing the country today, almost three times higher than the 13 percent who felt the same way last April