by Matt Mansfield | Jun 8, 2011 | Business & Tech
WASHINGTON, June 8 — A group of U.S. senators is crafting a bipartisan plan to cut $4.7 trillion from the budget deficit over 10 years, two of the group’s leaders said Wednesday. The leaders of the U.S. Senate’s “Gang of Six” deficit...
by Matt Mansfield | Jun 6, 2011 | Business & Tech
WASHINGTON — Financial firms that lobbied the federal government most on mortgage issues during the last decade also piled on the most risk, fueling a housing boom that eventually collapsed. They also had a greater chance of getting taxpayer money when the...
by Matt Mansfield | Jun 1, 2011 | Business & Tech
WASHINGTON — An economist for polling giant Gallup told a congressional committee on Wednesday that small businesses are struggling to get credit despite other signs of life in the still-fragile U.S. economy. “We are certainly in a soft patch,” said Gallup’s chief...
by Sylvia Hall | Jun 1, 2011 | Business & Tech, Politics
At a surreal pizza summit in New York City, non-presidential candidates Sarah Palin and Donald Trump traded compliments and dished about the Republicans who are actually running for president. “I’d love her to run,” gushed Trump. For her part, Palin said, “I told him...
by Matt Mansfield | May 26, 2011 | Business & Tech
WASHINGTON — Federal Deposit Insurance Corp. Chairman Sheila Bair urged lawmakers on Thursday to raise the debt ceiling to avoid a government debt disaster, warning that global investor confidence in the U.S. is at stake. Testifying before a House Financial...
by Charles Mead | May 25, 2011 | Business & Tech
WASHINGTON — The Organization for Economic Cooperation and Development boosted its growth outlook for the U.S. and said the global economic recovery is strengthening and becoming more “self-sustained” even as millions of people still struggle to find work. The U.S....
