AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans - and some fellow Democrats - just two months before bruising midterm elections.
AFP - US President Barack Obama Wednesday admitted some of his policies were unpopular and had not revived the economy quickly enough, but sought to rekindle his frayed bond with American voters.
AFP - US President Barack Obama Wednesday admitted some of his policies were unpopular and had not revived the economy quickly enough, but sought to rekindle his frayed bond with American voters.
AP - The top two national security advisers in President Barack Obama's Cabinet on Wednesday denounced plans by a small church in Florida to burn the Muslim holy book to commemorate the Sept. 11, 2001, terrorist attacks, saying it would inflame tensions and put Americans abroad at risk.
AP - Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts.
Reuters - Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery from a "savage" recession.
AP - Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.
AFP - The US economic recovery is showing "widespread" signs of slowing, the US Federal Reserve warned Wednesday, as it gears up for a key policy meeting later this month.
AP - Shanda Games Ltd., a Shanghai-based online game company, said Thursday its second-quarter net income fell 16 percent as revenue from both casual and multiplayer games declined.
Reuters - Stocks rose on Wednesday as investors latched onto positive news out of Europe in the latest in a string of low-volume sessions suggesting little confidence in market direction.
AP - Pakistan's ambassador to the United States says the massive flooding that has submerged vast swaths of his country has stretched thin the Pakistani military and will hamper its fight against terrorists.
AP - The remnants of Tropical Storm Hermine caused widespread flooding in northern Texas and began buffeting southern Oklahoma on Wednesday, killing at least two people and submerging low-lying pockets of Arlington under several feet of water.
AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.
Reuters - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.
Reuters - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.
AP - Months of political jockeying began in earnest Wednesday as speculation grew about who would try to succeed Mayor Richard M. Daley as leader of the nation's third-largest city, including one-time aide and current White House chief of staff Rahm Emanuel.
AP - Months of political jockeying began in earnest Wednesday as speculation grew about who would try to succeed Mayor Richard M. Daley as leader of the nation's third-largest city, including one-time aide and current White House chief of staff Rahm Emanuel.
AP - The Florida pastor who plans to burn the Quran on the anniversary of 9/11 is rooted in Pentecostal tradition that believes Christians are engaged in a modern-day spiritual battle with evil.
AP - A sharply divided federal appeals court on Wednesday dismissed a lawsuit challenging Boeing Co.'s role flying terrorism suspects to secret prisons around the world as part of the CIA's "extraordinary rendition" program.
AP - The leader of a small Florida church that espouses anti-Islam philosophy said Wednesday he was determined to burn copies of the Quran on Sept. 11, despite pressure from the White House, religious leaders and others to call it off.
PR Newswire - CHESTER COUNTY, Pa., Sept. 8 /PRNewswire-USNewswire/ -- A proposed severance tax on the natural gas industry could help to continue Pennsylvania's investments in important environmental projects well into the future and help affected communities deal with the impacts of drilling, Governor Edward G. Rendell said today while addressing a coalition of organizations dedicated to protecting the state's natural resources.
AP - TOKYO — Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident in the economic recovery.
Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.
AP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.
Reuters - Treasury Secretary Timothy Geithner said on Wednesday the United States is recovering slowly from a "savage" recession that has caused deep job cuts and a loss of confidence.
The Christian Science Monitor - In mid-August in the northern Afghanistan province of Kunduz, the Taliban carried out a horrific sentence against two young Afghan lovers who had eloped against their familiesâ wishes. The punishment was death by stoning. Deemed by Islamic extremists to be justified under sharia law, the process involves partially burying the accused, after which a male crowd hurls stones at the victimsâ exposed heads until they die.
AP - Detroit Mayor Dave Bing defended a stretched fire department Wednesday and its response to what he termed "a natural disaster," after wind-whipped flames destroyed dozens of occupied and abandoned homes across the city.
AP - Nevada had unrealistic growth expectations before the nation's financial meltdown battered the state's tourism industry and erased billions of dollars in real estate equity, an economist told a federal commission examining the causes of the Great Recession.
Reuters - The economy has shown "widespread signs" of slowing over recent weeks, the Federal Reserve said on Wednesday in a report suggesting that while the recovery has been faltering, the economy may skirt a second recession.
AP - Firefighters encountered a tangle of rattlesnakes, downed power lines and combustible propane tanks Wednesday as authorities looked for eight people missing in a wildfire that has destroyed dozens of homes.
AP - President Barack Obama is getting a little personal about the sluggish economy, telling a Cleveland audience about his own family's struggles and hardships.
Reuters - A BP Plc investigation of the Gulf of Mexico disaster played down its own role in the world's worst offshore oil spill and pointed the finger at what it said were failures by contractors.
CQPolitics.com - Sen. Lisa Murkowski is strongly considering a mounting a November write-in campaign to keep her seat and could make an announcement as soon as tomorrow, according to a source with knowledge of the situation.
Reuters - Google Inc unveiled a set of enhancements to its Internet search engine on Wednesday that predict search queries as users type, promising to speed up the time it takes to find information online and to generate more searches on the website.
AP - SPLIT: Ireland plans to split its most troubled financial institution, Anglo Irish Bank, into a "good" deposit bank and a "bad" toxic-debt bank. The move comes as the nation seeks to reassure international lenders that it is dealing with the Irish debt crisis.
The U.S. Department of Labor today announced $10 million in grant funds to 22 states to make technology improvements leading to more accurate unemployment insurance benefit payments.