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  • Obama says it's now Senate's turn on health care

    AP – 1 min ago  
    President Barack Obama speaks in the Rose Garden of the White... AP

    WASHINGTON - President Barack Obama said Sunday it was time for the Senate to "take the baton" on health care reform after the House passed its plan for overhauling the nation's health care system. Full Story »

  • Jobless: 10 percent is tougher than it used to be

    AP – Sun Nov 8, 12:00 am ET  

    WASHINGTON - It hurts more to be unemployed now than the last time the jobless rate hit 10 percent. Full Story »

  • Obama prods House to pass health care bill

    AP – Sat Nov 7, 8:59 pm ET  
    President Barack Obama waves as he walks out of the Cannon Caucus... AP

    WASHINGTON - President Barack Obama says now is the time for Congress to "answer the call of history" and approve legislation revamping the country's health care system. Full Story »

  • Pelosi: Obama visit inspired Democrats

    AP – Sat Nov 7, 8:43 pm ET  
    Speaker Nancy Pelosi is surrounded as she walks to the floor... AP

    WASHINGTON - House Democratic leaders say President Barack Obama, who made a quick trip to Capitol Hill, inspired their party to pass health care legislation. Full Story »

  • House votes strict ban on abortion subsidies

    AP – Sun Nov 8, 4:24 am ET  
    A supporter holds a sign during a rally against the health care... AP

    WASHINGTON - A bipartisan House coalition voted Saturday to prohibit coverage of abortions in a new government-run health care plan that Democrats would establish to compete with private insurers. Full Story »

  • Geithner: need stimulus, not financial transactions tax

    Reuters – Sun Nov 8, 3:03 am ET  
    Britain's Chancellor of the Exchequer Alistair Darling (R)... Reuters

    ST ANDREWS, Scotland (Reuters) - Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior. Full Story »

  • Chinese premier pledges funds, aid to Africa

    AP – 2 hrs 14 mins ago  
    Chinese Prime minister Wen Jiabao looks on during a presser at... AP

    SHARM EL-SHEIK, Egypt - China's premier on Sunday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing's motives in Africa are far from altruistic. Full Story »

  • Opel unions see autonomy as condition to talks

    Reuters – Sun Nov 8, 10:37 am ET  
    A truck with Opel cars drives past the Opel plant in Bochum November... Reuters

    FRANKFURT (Reuters) - Opel's top German labor leader said on Sunday he was willing to hold negotiations over a restructuring of the European carmaker under its parent General Motors so long as it gains greater independence. Full Story »

  • China offers Africa more trade, investment

    AP – Sat Nov 7, 7:45 am ET  
    In this photo released by China's Xinhua News Agency, Chinese... AP

    BEIJING - China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday. Full Story »

  • Obama will push health bill in Saturday Hill visit

    AP – Fri Nov 6, 7:45 pm ET  
    President Barack Obama speaks in the Rose Garden of the White... AP

    WASHINGTON - President Barack Obama still expects to have a health care overhaul bill to sign by year's end and plans to personally lobby for it in a visit to Capitol Hill on Saturday, the White House said. Full Story »

  • Oil settles lower after US unemployment report

    AP – Fri Nov 6, 7:39 pm ET  
    World oil prices rose back above 80 dollars on Wednesday as investors... AFP/File

    NEW YORK - Oil prices tumbled Friday after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983. Full Story »

  • Freddie Mac posts $5 billion loss

    Reuters – Fri Nov 6, 7:00 pm ET  
    A couple listens as a representative from Freddie Mac talks to... Reuters

    NEW YORK (Reuters) - Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing. Full Story »

  • Berkshire Hathaway's net income triples

    Reuters – Fri Nov 6, 6:47 pm ET  
    Billionaire financier and Berkshire Hathaway Chief Executive... Reuters

    NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit. Full Story »

  • Stocks eye retailers as jobless ranks grow

    Reuters – 2 hrs 34 mins ago  
    In this photo made Wednesday, Nov. 4, 2009, specialists Scott... AP

    NEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer. Full Story »

  • UK gives impetus to global banks tax

    Reuters – Sat Nov 7, 1:44 pm ET  
    Britain's Prime Minister Gordon Brown gestures during his... Reuters

    ST ANDREWS, Scotland (Reuters) - Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly. Full Story »

  • Bluebeat to battle EMI over Beatles songs

    AFP – Fri Nov 6, 11:06 pm ET  
    The Beatles perform in 1964 at the Olympia in Paris. US online... AFP/File

    SAN FRANCISCO (AFP) - US online music service Bluebeat said it plans to fight British recording label EMI over rights to stream and sell versions of Beatles songs. Full Story »

  • Regulators close Gateway Bank, Prosperan Bank

    Reuters – Sat Nov 7, 11:51 am ET  

    WASHINGTON (Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year. Full Story »

  • Philly transit strike in 6th day; no new talks

    AP – 32 mins ago  
    Transport workers are seen on strike in Philadelphia, Friday,... AP

    PHILADELPHIA - No new talks are scheduled as the strike by Philadelphia bus drivers, subway and trolley conductors and mechanics enters its second work week following the collapse of a proposed deal. Full Story »

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