US says trade penalties on Chinese fair, Beijing says could sour ties between nationsWASHINGTON — President Barack Obama’s decision to impose trade penalties on Chinese tires has infuriated Beijing at a time when the U.S. badly needs Chinese help on climate change, nuclear standoffs with Iran and North Korea and the global economy. Thousands of downtown DC protesters blast ‘Obamacare,’ government spending outside CapitolWASHINGTON — Tens of thousands of protesters fed up with government spending marched to the U.S. Capitol on Saturday, showing their disdain for the president’s health care plan with slogans such as “Obamacare makes me sick” and “I’m not your ATM.” Thousands of downtown DC protesters chide ‘Obamacare,’ government spending outside CapitolWASHINGTON — Tens of thousands of protesters fed up with government spending marched to the U.S. Capitol on Saturday, showing their disdain for the president’s health care plan with slogans such as “Obamacare makes me sick” and “I’m not your ATM.” Where can you get broadband? US to spend more than $100 million to find outWASHINGTON — The national stimulus package passed by Congress in February may have been too enthusiastic about spending money on one particular project: figuring out where broadband Internet access is available and how fast it is. Thousands march to US Capitol to protest government spending, Obama’s health care planWASHINGTON — Tens of thousands of people marched to the U.S. Capitol on Saturday, carrying signs with slogans such as “Obamacare makes me sick” as they protested the president’s health care plan and what they say is out-of-control spending. Government succeeded in avoiding a financial catastrophe, but there’s little glory for ObamaWASHINGTON — Halting the financial sector’s death plunge is arguably the government’s most measurable achievement this year. Yet as President Barack Obama observes the one-year anniversary of Lehman Brothers’ collapse, his administration’s increasingly sunny assessment of Wall Street’s rebound faces a hard sell. Thousands pack downtown DC to protest government spending, gather for march to US CapitolWASHINGTON — Thousands of people protesting what they call out-of-control government spending are marching to the U.S. Capitol in downtown Washington. Fiscal conservatives plan to gather in Washington to protest government spendingWASHINGTON — Thousands of fiscal conservatives have packed streets in the nation’s capital to protest what they consider the federal government’s out-of-control spending. New US trade penalties on Chinese tires infuriates Beijing, could sour ties between nationsWASHINGTON — President Barack Obama’s decision to impose trade penalties on Chinese tires has infuriated Beijing at a time when the U.S. badly needs Chinese help on climate change, nuclear standoffs with Iran and North Korea and the global economy. Obama imposes tariffs on Chinese tires; Beijing calls move ‘protectionism’WASHINGTON — President Barack Obama has imposed new punitive tariffs on all car and light truck tires coming into the U.S. from China, a move Beijing condemned Saturday as protectionism and a violation of the guidelines of global trade. Obama decides to impose tariffs on Chinese tire imports for 3 yearsWASHINGTON — President Barack Obama on Friday slapped punitive tariffs on all car and light truck tires entering the United States from China in a decision that could anger the strategically important Asian powerhouse but placate union supporters important to his health care push at home. DNC chairman Kaine tries to rev up party activists for health care at fall meeting in TexasAUSTIN, Texas — Democratic National Committee chairman Tim Kaine gave a pep talk to party activists Friday, urging them to work for passage of health insurance legislation and telling them Democrats are gaining ground in Texas. Federal deficit climbs higher into record territory, hits $1.38 trillion in first 11 monthsWASHINGTON — The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. July wholesale figures signal economic growth in current quarter; inventories dip, sales growWASHINGTON — Businesses reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, sparking hope for better days ahead. Wholesale inventories drop in July for record 11th straight month; sales up most in 13 monthsWASHINGTON — Businesses reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, sparking hope for better days ahead. Ohio company seeks $8.7B in stimulus money to make passenger trains for Obama’s rail planCOLUMBUS, Ohio — State transportation officials agreed Thursday to support a private company’s bid to make passenger trains that would run on President Barack Obama’s proposed high-speed rail network. White House cautiously optimistic in first stimulus report, says 1 million jobs saved, createdWASHINGTON — White House economists said Thursday that the Obama administration’s recovery efforts have saved or created more than 1 million jobs, an estimate that underscored a cautiously optimistic forecast about the direction of the economy. Treasury secretary says confidence has replaced last year’s panic in financial marketsWASHINGTON — Citing emerging financial sector stability, Treasury Secretary Timothy Geithner said Thursday that a number of government rescue efforts in place since the Wall Street crisis are no longer needed and that banks will repay $50 billion in rescue funds over the next 18 months. In first stimulus report, White House economists say recovery efforts saved, created 1M jobsWASHINGTON — White House economists said Thursday that the Obama administration’s recovery efforts have saved or created more than one million jobs so far, an optimistic report that economists cautioned was preliminary and uncertain. Trade deficit grows, but growth in imports and exports shows demand rising as recession fadesWASHINGTON — The ending of the recession is reviving global trade, increasing U.S. imports by a record amount in July and boosting foreign demand for American goods for a third straight month. Transportation Sec’y LaHood: Gov’t on track to reimburse dealers for ‘Clunkers’ by Sept. 30WASHINGTON — Transportation Secretary Ray LaHood says the government has approved $1.22 billion in reimbursements to car dealers for sales under the Cash for Clunkers program. New jobless claims fall more than expected to 550,000, total unemployment rolls also dropWASHINGTON — First-time claims for jobless benefits fell more than expected last week, evidence that companies are laying off fewer workers as the economy improves. Goldman CEO Blankfein calls backlash against banker pay ‘understandable and appropriate’WASHINGTON — After years spent raking in millions as a top executive of Goldman Sachs Group Inc., Lloyd Blankfein said Wednesday that outsized banker pay encouraged excess and worked “against the public interest.” Federal Reserve survey shows worst recession since 1930s may be overWASHINGTON — The recession is ending and the economy is finally growing again. That’s the message implicit in the Federal Reserve’s latest survey of businesses around the country, which found economic activity stabilizing or improving in most regions. Health care issues: Government spendingA look at key issues in the health care debate: Taxpayers likely to face significant losses on $81 billion auto bailout, watchdog report saysWASHINGTON — Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a report to be released Wednesday. Dollar hits low for year ahead of US trading as gold tops $1,000 an ounce before retreatingNEW YORK — The dollar fell to a low for the year Tuesday as gold prices shot above $1,000 an ounce before giving some ground and investors switched funds into riskier investments. Sinking economy boosts public construction projects, as contractors lower their bidsMOUNT LAUREL, N.J. — Public construction projects, usually an exercise in cost overruns, are getting cheaper as material prices fall and builders compete for contracts just to stay afloat, a silver lining for cash-strapped governments but a worry to some contractors who risk lowballing themselves out of business. Gains in auto and housing industries boost some hard-hit counties, AP stress map showsSigns of life in the auto industry and an easing of the housing crisis helped reduce unemployment and kept foreclosures flat in some of the nation’s hardest-hit areas in July, according to The Associated Press’ monthly analysis of economic stress in more than 3,100 U.S. counties. VP Joe Biden pledges to back workers in the first of 2 Labor Day stops in PennsylvaniaPITTSBURGH — Vice President Joe Biden told a rally at Pittsburgh’s Labor Day parade that organized labor was the backbone of the country and that he and Sen. Arlen Specter would continue fighting for workers. |
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