by Moran Zhang | Jul 18, 2011 | Business & Tech, Topics
With the debt-limit clock ticking, President Barack Obama said it’s imperative that a deal is made. San Diego congressional representatives share their positions in the debate over an issue that will affect every American. Bob Filner, D-San Diego, did not respond....
by Moran Zhang | Jul 13, 2011 | Business & Tech, Topics
WASHINGTON, July 13 (UPI) — U.S. Federal Reserve Chairman Ben Bernanke made it clear Wednesday that further stimulus for the U.S. economy is “an option on the table.” Bernanke told a U.S. House of Representatives committee that recent economic...
by Moran Zhang | Jul 7, 2011 | Business & Tech
WASHINGTON (MarketWatch) — Large investment and financial firms on Thursday told the Securities and Exchange Commission to slowly incorporate international accounting rules into the U.S. standard. Speaking at a roundtable hosted by the SEC, senior executives said they...
by Moran Zhang | Jul 6, 2011 | Business & Tech
IMF Managing Director Christine Lagarde speaks on Wednesday in Washington. (Moran Zhang/MNS) WASHINGTON — Under pressure on many fronts, Christine Lagarde used her first news conference as managing director of the International Monetary Fund to lay out her...
by Moran Zhang | Jul 6, 2011 | Business & Tech, Politics
WASHINGTON – President Barack Obama called on congressional leaders Wednesday to return to the White House for a scheduled meeting tomorrow, hoping to break the deadlock over the nation’s borrowing limit and its mounting debt. That issue must be resolved by Aug....
