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The White House

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Recession blues play on

LONDON, Nov. 20, 2008 (Reuters) — Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting. ...  > full story

Prospect for auto bailout dims

WASHINGTON, Nov. 20, 2008 (Reuters) — Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week. ...  > full story

Stock futures signal more pain

Nov. 20, 2008 (Reuters) — Stock futures pointed to a drop on Thursday, adding to the previous session's plunge, as investors worried about the fate of stricken U.S. carmakers and the specter of a prolonged economic downturn. At 5:33 a.m. EST, S&P 500 futures were down 1.9 percent, Dow Jones futures were down 1.3 percent and Nasdaq 100 futures were down 2.2 percent. ...  > full story

Oil down a dollar as crisis crimps growth

LONDON, Nov. 20, 2008 (Reuters) — Oil fell for a fifth straight session to approach $50 a barrel on Thursday as the fallout from the credit crisis hits the global economy, hitting demand for fuel. ...  > full story

Somali politicians fuel piracy, says African Union

NAIROBI, Nov. 20, 2008 (Reuters) — The growth in piracy off Somalia is being aggravated by the country's feuding politicians and the United Nations should send peacekeepers there quickly, Africa's top diplomat said on Thursday. ...  > full story

Obama taps ex-Senate chief to head health agency

WASHINGTON, Nov. 19, 2008 (Reuters) — President-elect Barack Obama has chosen Tom Daschle, a key early supporter and former U.S. Senate leader, as his top official to overhaul the U.S. healthcare system, two Democratic sources said on Wednesday. ...  > full story

Close Obama adviser Axelrod to go to White House

CHICAGO, Nov. 19, 2008 (Reuters) — President-elect Barack Obama has tapped David Axelrod, a senior aide and one of his most trusted confidants, to become a senior White House adviser, his transition team said on Wednesday. ...  > full story

Bill Clinton offers steps to help wife get State job

WASHINGTON, Nov. 19, 2008 (Reuters) — Former U.S. President Bill Clinton has offered to allow ethics reviews of future business and charitable activities should his wife be picked by President-elect Barack Obama as secretary of state, Democrats familiar with the issue said on Wednesday. ...  > full story

Texas grand jury indicts Cheney, Gonzales of crime

HOUSTON, Nov. 18, 2008 (Reuters) — A grand jury in South Texas indicted U.S. Vice President Dick Cheney and former attorney General Alberto Gonzales on Tuesday for "organized criminal activity" related to alleged abuse of inmates in private prisons. ...  > full story

Republican Sen. Stevens trails in Alaska vote

ANCHORAGE, Nov. 18, 2008 (Reuters) — Republican Sen. Ted Stevens, convicted last month of political corruption after decades as one of the most powerful figures in the U.S. Senate, appeared to have lost his re-election bid on Tuesday. ...  > full story
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