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  Fri, 09 Jan 2009 04:59:11 +0100

The Bush administration said Wednesday it won't finish implementing new vehicle fuel-efficiency rules, leaving the issue to the incoming Obama administration.

  Fri, 09 Jan 2009 04:58:07 +0100

The small businesses sector in December suffered its largest one-month jobs decline in at least a decade, according to an employment report by payroll processor ADP, which estimates that small companies shed ...

  Fri, 09 Jan 2009 03:59:10 +0100
The day of the switchover to digital TV is rapidly approaching, and despite on-screen warnings and coupons there is still much concern over a possible fiasco. President-elect Barack Obama on Thursday urged Congress to postpone the Feb. 17 switch.
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President-elect Barack Obama said Wednesday that overhauling Social Security and Medicare would be "a central part" of his administration's efforts to contain federal spending, signaling for the first time that ...

Gender warriors are not wasting any time in 2009. Two pieces of falsely titled "gender equity" legislation, the Lilly Ledbetter Fair Pay Act and the Paycheck Fairness Act, are set to be the first votes of the ...

  Fri, 09 Jan 2009 01:14:37 +0100
Larry Flynt: porn business is suffering from the soft economy.

In an announcement that launched a thousand unprintable puns, adult-entertainment moguls Larry Flynt and Joe Francis said Wednesday that they are asking Washington for a $5 billion federal bailout, claiming ...

  Fri, 09 Jan 2009 01:10:11 +0100
Long Island is the new California

A New York doctor filing for divorce wants his wife to return the kidney he gave to her in exchange for his broken heart.

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Former U.S. Senate Majority Leader Tom Daschle pledged on Thursday to aggressively pursue healthcare reform and restore confidence in federal health agencies as he made his case to become President-elect Barack ...

Also posted frozed assete: valuables totalling more than $1m - to family members and friends

Bernard Madoff , the disgraced Wall Street trader accused of conning clients out of $50bn , had $173m in signed cheques on his office desk when he was arrested, which prosecutors say shows he sought to keep ...

  Fri, 09 Jan 2009 01:03:26 +0100

President-elect Barack Obama called on Congress Thursday to pass a huge economic stimulus package as quickly as possible, warning that inaction could bring high unemployment and a lingering recession for years.

  Fri, 09 Jan 2009 00:55:47 +0100

Surrounded by cheering supporters, Republican Norm Coleman, who received 225 fewer votes than DFLer Al Franken in the U.S. Senate recount, vowed Tuesday to wage a court battle to challenge the outcome.

  Fri, 09 Jan 2009 00:17:10 +0100
The number of laid-off workers who are continuing to draw unemployment checks has jumped to the highest in more than a quarter-century and is likely to keep climbing this year - fresh evidence that people are finding it increasingly difficult to get a new job amid a deepening recession.
  Thu, 08 Jan 2009 20:17:04 +0100
A major north-south interstate was cut off and 40,000 people were urged to leave their homes as snowmelt and rain swelled rivers and caused mudslides and avalanches that engulfed neighborhoods and roadways.
  Wed, 07 Jan 2009 22:49:51 +0100
The Food and Drug Administration says the industrial chemical melamine and a byproduct cyanuric acid have now been detected in four of 89 containers of infant formula made in the United States, doubling previously reported positive results. The contamination is extremely minute, at levels federal regulators say are safe for babies.

On Christmas Eve, I appeared on Fox News to discuss the upcoming economic recovery package, only to be told that FDR's New Deal "prolonged the Great Depression" . This is the latest consevative talking point - ...

  Wed, 07 Jan 2009 20:44:12 +0100

The current economic crisis has waged a particularly severe attack on the Black middle-class in the United States, experts say.

The adage that when America sneezes, Black America catches a cold has held true, making it almost inevitable that African Americans would bear the brunt of the country's financial woes, economists say.

  Wed, 07 Jan 2009 20:41:10 +0100
The real cost of the Wall Street bailout.

Fed and European Central Bank inject $154 billion into financial system. $38 8/10/07: Fed injects another $38 billion.

  Wed, 07 Jan 2009 20:39:02 +0100

Regulation is everywhere. The extraordinary financial collapse of recent months has been commonly described as a testament to the failure of deregulation.

The coal ash pond that ruptured and sent a billion gallons of toxic sludge across 300 acres of East Tennessee last month was only one of more than 1,300 similar dumps across the United States - most of them ...

  Wed, 07 Jan 2009 20:32:03 +0100
Jobs figures point to weak payrolls report

The US private sector shed 693,000 jobs in December, according to a closely watched survey of business employment published on Wednesday.