CHICAGO, Nov. 21, 2008 (Reuters) U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday. ... > full story
LIMA, Nov. 21, 2008 (Reuters) U.S. President George W. Bush and Chinese President Hu Jintao planned to discuss North Korea's nuclear program on Friday evening as Asia Pacific leaders gathered for an annual economic summit amid the worst financial crisis since the 1930s. ... > full story
CHICAGO, Nov. 21, 2008 (Reuters) President-elect Barack Obama has selected Timothy Geithner as Treasury secretary, charging the respected head of the New York Federal Reserve with pulling the United States out of an economic nosedive, NBC news reported on Friday. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, NBC News and the Wall Street Journal reported on Friday. ... > full story
CHICAGO, Nov. 21, 2008 (Reuters) With his choice of Hillary Clinton as secretary of state all but certain, President-elect Barack Obama promised on Friday to bring a "fresh perspective" to U.S. relations with the rest of the world. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) U.S. Attorney General Michael Mukasey returned to work on Friday after a "fainting spell" during a speech sent him to hospital the night before. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) Passage of a broad economic stimulus bill, including tax cuts, will be a top priority of the next Congress when it convenes in January, House of Representatives Speaker Nancy Pelosi said on Friday. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ... > full story
WASHINGTON, Nov. 20, 2008 (Reuters) The U.S. Senate on Thursday passed and sent to President George W. Bush legislation to extend jobless benefits for those who have been unemployed for a prolonged period in an economy that has been shedding jobs. ... > full story
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Obama as President of the Recession Nov. 21, 2008 (U.S. News & World Report) Note to President-elect Barack Obama: Terrible economies make for topsy-turvy politics. A sky-high "misery index" of runaway inflation and elevated ...
In Crisis, Opportunity for Obama Nov. 21, 2008 (Wall Street Journal) As the economic signs grow ever more grim, so do the problems facing the incoming Obama administration.. . That's one way of looking at things ...
STATE BUDGET: Gibbons, leaders near deal Nov. 21, 2008 (Las Vegas Review-Journal) While refusing to give details, Gov. Jim Gibbons and legislative leaders said Thursday they nearly have reached an agreement on a plan to quickly ...
Budget emergency Nov. 21, 2008 (Times Argus, Vermont) The state's budget situation continues to deteriorate. On Tuesday state officials revealed an additional $60 million shortfall in the state's ...