by Dorothy Zhang | Aug 18, 2011 | Business & Tech
Washington — The 12-member congressional committee charged with trimming the federal budget over the next 10 years has a new advocate for putting entitlement programs on the chopping block: President Barack Obama. Obama, on a Midwest bus tour this week, said...
by Dorothy Zhang | Aug 12, 2011 | Business & Tech
WASHINGTON — One thing is clear: The 12-member “super committee” tasked with identifying trillions of dollars to slice from the federal deficit over the next decade has already divided observers. “My expectation is that they will not reach an...
by Dorothy Zhang | Aug 2, 2011 | Business & Tech
WASHINGTON — Despite the last-minute deal to lift the debt ceiling, the prospect of the United States losing its triple-A credit rating is still keeping Beijing and Hong Kong up at night. A possible downgrade is a difficult situation for China, said Diane Swonk, chief...
by Dorothy Zhang | Jul 21, 2011 | Business & Tech
WASHINGTON — The Dodd-Frank law is slowly kicking into U.S. consumers’ lives, one year after the most sweeping U.S. financial regulation since the Great Depression was enacted. The ways the overhaul touches regular people can be seen in the creation of a...
by Dorothy Zhang | Jul 15, 2011 | Business & Tech
WASHINGTON — A rule that would encourage whistleblowers to report commodities trading infractions is beginning to draw the same ire that a similar rule for securities trading sparked. For its next meeting scheduled for Tuesday, the Commodity Futures Trading Commission...
