Daily News Channel
Federal Reserve Chairman Ben Bernanke told Congress on Tuesday morning that the economy is likely to pull out of the recession and start growing later this year. This in itself isn’t news — Bernanke has been saying the same thing for months. What’s news is that people are starting to believe him
President Obama said Tuesday that recent stimulus measures "are starting to generate signs of economic progress," but more tough times are ahead. The White House described Obama’s speech as a major address on the economy.
Amidst the tranquility of a fishing trip at the Rose River Farm in Madison County, a wounded warrior says he almost feels "semi-normal again." The amputee is one of about 1,000 servicemen and veterans who have reaped the benefits of the therapeutic art of fly-fishing, with the help of retired Navy Capt. Ed Nicholson
On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the ability of the American people to overcome adversity and to move the nation forward.
The disabled young son of UK opposition leader David Cameron has died, UK media have reported. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said.
Shots continued to ring out from inside the headquarters of Bangladesh’s border security force in the capital, Dhaka, hours after a gunbattle began Wednesday morning. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said. The president struck an optimistic tone, asserting that “we will rebuild, we will recover, and the United States of America will emerge stronger than before.” Obama focused on the three priorities of the budget he will present to Congress later this week: energy, health care and education
Following a faint trail through a dense patch of woods in Florida’s Palm Beach County, Roy Foster is a man on a mission. Foster, 53, is searching for homeless veterans — and he knows where to look. Whether in a vacant lot behind a supermarket or a small clearing off the highway, homeless vets aren’t that hard to find: One in three homeless adults has served in the military, and more than 150,000 veterans nationwide are homeless on any given night, according to the Veterans Administration.
President Obama signed the $787 economic stimulus bill Tuesday in Denver, Colorado.