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....
by Hannah G. Vickers | Jul 5, 2011 | Business & Tech
WASHINGTON — They may not agree on much, but Rep. Darrell Issa, R-Vista, and the U.S. Postal Service share one view—the agency, which lost $8.5 billion last year, should be able to cut Saturday mail delivery. While that possibility has circulated for a while—and...
by Dorothy Zhang | Jul 5, 2011 | Business & Tech
WASHINGTON – The White House said Tuesday that “thousands and thousands” of tweets have already been submitted for Wednesday’s first-of-its-kind Twitter Town Hall with President Barack Obama. But White House Communications Director Dan Pfeiffer said it is...
by Garin Flowers | Jul 5, 2011 | Business & Tech
Traditional drop-side baby cribs will no longer be sold in the U.S., at least legally. The Consumer Product Safety Commission is requiring all sellers of cribs to meet new standards.
by Dorothy Zhang | Jul 1, 2011 | Business & Tech
WASHINGTON — The Federal Reserve Board’s ruling this week on debit card swipe fees could have implications for consumers if banks and retailers decide to pass along the costs of implementing the decision. The Fed issued a final rule Wednesday establishing...
by Kaitlin Meehan | Jun 30, 2011 | Business & Tech
WASHINGTON — The Federal Election Commission issued an advisory opinion Thursday giving comedian Stephen Colbert permission to form and promote a “Super PAC” allowing unlimited spending on the 2012 election. “Freedom isn’t free, but today we put a significant...
