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 Feed24: Newsflash |
| | Obama Urged Amicable Resolution 1 hour(s) ago @ abc news New deal could allow Roland Burris to take the Illinois Senate seat. » Save this article » More news about Obama
| Obama, predecessors share 'historic moment' (cnn.com) Barack Obama, President Bush and all of the surviving past presidents got together Wednesday for a historic meeting at the White House. "One message that I have, and I think we all share, is that we want you to succeed," Bush told Obama before lunch with Jimmy Carter, George H.W. Bush and Bill Clinton.
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| Obama hails `extraordinary' moment with presidents (yahoo! news) AP - Confronting a grim economy and a Middle East on fire, Barack Obama turned Wednesday to perhaps the only people on the planet who understand what he's in for: the four living members of the U.S. presidents' club.
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| "Enemy combatant" will be early test for Obama (yahoo! news) Reuters - The case of Ali al-Marri, accused of being an al Qaeda "sleeper" agent and held for 5-1/2 years at a U.S. military prison in South Carolina, will be an early test for President-elect Barack Obama.
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| Democratic source: Blagojevich 'called our bluff' (cnn.com) Senate Democrats have no choice but to change their tone about Roland Burris becoming a senator because Illinois Gov. Rod Blagojevich "called our bluff" in appointing someone over their objections, a senior Democratic source said today. Barack Obama today called it "a Senate matter" and suggested he could work with Burris if he gets seated.
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| Senate Democrats yield to Obama, retreat on Burris (yahoo! news) AP - Senate Democrats beat a hasty retreat Wednesday from their rejection of Roland Burris as President-elect Barack Obama's successor, yielding to pressure from Obama himself and from senators irked that the standoff was draining attention and putting them in a bad light. Burris said with a smile he expected to join them "very shortly."
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| Cheney says Obama should keep terror polices (yahoo! news) AP - Vice President Dick Cheney said Wednesday it would be a mistake for President-elect Barack Obama to scrap the Bush administration's terrorist-fighting policies designed to prevent future attacks on the U.S.
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| "Enemy combatant" will be early test for Obama (yahoo! news) The case of Ali al-Marri, accused of being an al Qaeda "sleeper" agent and held for 5-1/2 years at a U.S. military prison in South Carolina, will be an early test for President-elect Barack Obama.
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| Obama taps spending watchdog, eyes Social Security (yahoo! news) AP - Pointing with concern to "red ink as far as the eye can see," President-elect Barack Obama pledged Wednesday to tackle out-of-control Social Security and Medicare spending and named a special watchdog to clamp down on other federal programs even as he campaigned anew to spend the largest pile of taxpayer money in history to revive the sinking economy.
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'The city and life I have known no longer exist' 10 hour(s) ago @ msnbc.com The AP"s chief correspondent in Gaza City for 17 years, has not only covered but lived through Israel"s offensive on Gaza that began Dec. 27. He shares his story in his own words. » Save this article » More news about Obama
| Obama names watchdog for federal programs (yahoo! news) AP - President-elect Barack Obama named Nancy Killefer as his administration's chief performance officer, creating a new White House position as part of an effort to eliminate government waste and improve efficiency.
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| Budget deficit seen hitting $1.2 trillion (yahoo! news) Reuters - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters plan to announce on Wednesday, presenting a daunting challenge to President-elect Barack Obama who has said tough choices will be necessary.
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| Israel conditionally welcomes cease-fire proposal (yahoo! news) AP - Israel ordered a three-hour pause in its Gaza offensive Wednesday to allow food and fuel to reach besieged Palestinians, and said it welcomed a cease-fire proposal as long as Hamas halts rockets and weapons smuggling.
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Zakaria: Israel should end campaign soon 38 minutes ago @ cnn.com Israel continued its ground and air assault on Gaza for the twelfth day Wednesday. A three-hour cease-fire meant to allow time for humanitarian aid to be delivered in Gaza crumbled in minutes. » Save this article » More news about Gaza
| Gaza fighting rages despite word of talks (msnbc.com) Israeli airstrikes and Hamas rocket volleys resume after a brief pause, but diplomatic strides were made with the U.S. throwing its weight behind a deal being brokered by France and Egypt.
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| Israel, Hamas plan 'technical' talks (msnbc.com) Israel tentatively welcomed a proposal for a Gaza cease-fire and briefly halted its offensive to allow aid to reach civilians, but also gave the military a green light to press ahead with its assault on Hamas.
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| Israel bombards Gaza, U.S. backs ceasefire plan (yahoo! news) Reuters - Israeli warplanes bombed the Gaza Strip on Thursday and tanks pounded Palestinian guerrillas on the ground as U.S. backing for a proposed truce raised expectations of an end to the offensive.
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| Israel bombs Gaza into the night (bbc news) Israeli warplanes attack targets in the Gaza Strip into the night after the first daily truce to allow in humanitarian aid expires.
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| Israel blasts suspected tunnels near Egypt border (yahoo! news) AP - Israel resumed its Gaza offensive Wednesday, bombing heavily around suspected smuggling tunnels near the border with Egypt after a three-hour lull to allow in humanitarian aid. Hamas responded with a rocket barrage. Despite the heavy fighting, strides were made on the diplomatic front with the U.S. throwing its weight behind a deal being brokered by France and Egypt.
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| Gaza fighting rages despite cease-fire proposal (yahoo! news) AP - Israel resumed its Gaza offensive Wednesday, bombing heavily around suspected smuggling tunnels near the border with Egypt after a three-hour lull to allow in humanitarian aid. Hamas responded with a rocket barrage. Despite the heavy fighting, strides were made on the diplomatic front with the U.S. throwing its weight behind a deal being brokered by France and Egypt.
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| Gaza fighting rages despite cease-fire proposal (yahoo! news) AP - Israel resumed its Gaza offensive Wednesday, bombing heavily around suspected smuggling tunnels near the border with Egypt after a three-hour lull to allow in humanitarian aid. Hamas responded with a rocket barrage.
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| Gaza fight resumes amid word of talks (msnbc.com) Israeli airstrikes and Hamas rockets resumed after a brief pause Wednesday to allow food and fuel to reach Palestinian civilians in Gaza, amid word that all sides in the conflict have agreed to talk.
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Russia, Ukraine take gas row case to Europe 4 hour(s) ago @ reuters Russia and Ukraine argue their case to Europe on Thursday in a gas price dispute that has choked off energy supplies to EU countries beset by bitter winter weather. » Save this article » More news about Ukraine
| Kremlin lays down terms as gas crisis engulfs Europe (yahoo! news) AFP - Russian President Dmitry Medvedev on Wednesday laid down terms for a resumption of Russian gas shipments via Ukraine to Europe as tens of thousands of Europeans suffered heating cuts amid freezing weather.
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| Russian gas flow halted through Ukraine to Europe (yahoo! news) Reuters - Russia shut down all gas flows to Europe through Ukraine on Wednesday and told Kiev it would restore supplies only after it had signed a new contract at prices comparable to those paid by European countries.
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| Russian gas flow halted through Ukraine to Europe (yahoo! news) Reuters - Russia shut down all gas flows to Europe through Ukraine on Wednesday, sharpening a dispute that has left industries and homes in southeast Europe without power and disrupted supplies to major economies.
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| Crisis deepens as Russian gas supplies to Europe halted (yahoo! news) AFP - All deliveries of Russian gas through Ukraine were halted Wednesday, depriving tens of thousands of Europeans of heat in freezing weather and raising the stakes in a bitter dispute between Moscow and Kiev.
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| Russian gas flow halted through Ukraine to Europe (reuters) Russia shut down all gas flows to Europe through Ukraine on Wednesday, sharpening a dispute that has left industries and homes in southeast Europe without power and disrupted supplies to major economies.
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| Russian gas flow halted through Ukraine to Europe (yahoo! news) Reuters - Russian gas flows to Europe through Ukraine shut down completely on Wednesday, reducing power to industries and homes in south-east Europe and disrupting supplies to major economies.
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AG pick to face bruising confirmation fight 53 minutes ago @ cnn.com Barack Obama"s presidential transition, already disrupted by the sudden withdraw of New Mexico Gov. Bill Richardson, may face another challenge in the confirmation hearings of his pick for attorn... » Save this article » More news about US
| Mumbai-like attack could happen in U.S.: Bush aide (yahoo! news) U.S. cities are vulnerable to an attack like the gun-and-grenade assault that terrorized Mumbai for three days and killed 179 people, the White House homeland security adviser said on Wednesday.
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| U.S. general: Iraq leaders failed in Anbar (msnbc.com) The top American commander in the former insurgent stronghold of Anbar said Wednesday the Shiite-led government should have poured reconstruction money into the Sunni region after Sunni fighters joined forces with U.S. troops.
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| U.S. presses to jail Madoff on diamonds, watches mail (yahoo! news) Reuters - Accused swindler Bernard Madoff should be jailed for violating a court order by mailing $1 million worth of diamonds, watches and other jewelry to friends and family, U.S. prosecutors told a court on Wednesday.
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| U.S. presses to jail Madoff on diamonds, watches mail (reuters) Accused swindler Bernard Madoff should be jailed for violating a court order by mailing $1 million worth of diamonds, watches and other jewelry to friends and family, U.S. prosecutors told a court on Wednesday.
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| U.S. presses to jail Madoff on diamonds, watches mail (yahoo! news) Reuters - Accused swindler Bernard Madoff mailed $1 million worth of diamonds, watches and other jewelry violating a court order, U.S. prosecutors said on Wednesday while demanding the disgraced investment adviser be jailed.
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| U.S. presses to jail Madoff on diamonds, watches mail (reuters) Accused swindler Bernard Madoff mailed $1 million worth of diamonds, watches and other jewelry violating a court order, U.S. prosecutors said on Wednesday while demanding the disgraced investment adviser be jailed.
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| Mississippi has highest teen birth rate, CDC says (yahoo! news) AP - Mississippi now has the nation's highest teen birth rate, displacing Texas and New Mexico for that lamentable title, a new federal report says. Mississippi's rate was more than 60 percent higher than the national average in 2006, according to new state statistics released Wednesday by the U.S. Centers for Disease Control and Prevention. The teen birth rate for that year in Texas and New Mexico was more than 50 percent higher.
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| Salmonella outbreak sickens 388 across U.S.: CDC (yahoo! news) Reuters - An outbreak of salmonella food poisoning has made 388 people sick across 42 states, sending 18 percent of them to the hospital, U.S. health officials said on Wednesday.
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 Feed24: Sport |
| | Lin Leads Harvard to 82-70 Upset Over No. 17 BC 53 minutes ago @ abc news Lin"s 27 points leads Harvard to 82-70 upset over No. 17 BC after Eagles upset Tar Heels » Save this article » More news about BC
| Lin leads Harvard to 82-70 upset over No. 17 BC (yahoo! news) AP - Jeremy Lin scored 27 points to lead Harvard to an 82-70 upset over No. 17 Boston College on Wednesday night, three days after the Eagles upset previously top-ranked North Carolina.
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| Mariners, Jets to bolster squads ahead of ACL (abc sport) Both the Central Coast Mariners and fellow A-League side the Newcastle Jets were placed in favourable groups at the official Asian Champions League (ACL) draw on Wednesday night.
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| BC fires football coach for interviewing with Jets (foxsports.com) Boston College has fired Jeff Jagodzinski because he interviewed for the New York Jets coaching job.A person with knowledge of the decision tells The Associated Press that Jagodzinski (jay-guh-ZIN'-skee) was fired Wednesday by athletic director Gene DeFilippo. The person spoke on condition on anonymity because the dismissal had not been announced.DeFilippo had warned Jagodzinski on Saturday that his job would be in jeopardy if he went through with the interview.
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| BC fires football coach after interviewing with Jets (foxsports.com) Boston College has fired Jeff Jagodzinski because he interviewed for the New York Jets coaching job.A person with knowledge of the decision tells The Associated Press that Jagodzinski (jay-guh-ZIN'-skee) was fired Wednesday by athletic director Gene DeFilippo. The person spoke on condition on anonymity because the dismissal had not been announced.DeFilippo had warned Jagodzinski on Saturday that his job would be in jeopardy if he went through with the interview.
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Lucky United still on course for five football trophies: Ferguson 1 hour(s) ago @ yahoo! news AFP - Alex Ferguson said Manchester United were lucky to still be on course for five trophies this season after their shock 1-0 League Cup semi-final, first leg defeat against Derby County. » Save this article » More news about United
| Lowly Derby upset United (abc sport) Manchester United suffered a 1-0 defeat by Championship side Derby County in the first leg of their League Cup semi-final at Pride Park on Thursday morning (Australian time).
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| Ferguson confident despite defeat (bbc sport) Manchester United manager Sir Alex Ferguson is sure his side will overcome Derby despite their dismal showing in their Carling Cup semi-final first leg.
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| Derby beat world champions United in League Cup (yahoo! news) AFP - Championship strugglers Derby County, with new manager Nigel Clough watching from the directors' box, beat Manchester United 1-0 in the semi-final, first leg of the League Cup here on Wednesday.
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| Germany ends US hopes at Hopman Cup (yahoo! news) AFP - Germany shocked the United States at the Hopman Cup on Wednesday to end the hopes of the top seeds and holders and move within one tie of the mixed teams tournament final.
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| Tevez to stake United claim in League Cup semi-final (yahoo! news) AFP - Carlos Tevez will be given another chance to prove he deserves a long-term deal at Manchester United as Sir Alex Ferguson prepares to throw him back into action in a League Cup semi-final.
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Davydenko pulls out of Australian Open 5 hour(s) ago @ abc sport World number five Nikolay Davydenko has withdrawn from this month"s Australian Open and the ongoing Chennai Open due to a persistent heel injury. » Save this article » More news about Davydenko
Dallas Cowboys send troubled Jones packing 1 hour(s) ago @ yahoo! news The Dallas Cowboys released troubled cornerback Adam Pacman Jones on Wednesday, ending a tumultuous season marred by controversy, injuries and a six-game suspension. » Save this article » More news about Pacman
| Cowboys release troubled CB Pacman Jones (yahoo! news) Troubled cornerback Adam "Pacman" Jones was released Wednesday by the Dallas Cowboys following a season in which he was suspended six games for an off-field fight.
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Hussain leads attack over England captaincy chaos 1 hour(s) ago @ abc sport Nasser Hussain attacked both Kevin Pietersen and cricket chiefs as the star batsman resigned the England captaincy. » Save this article » More news about Pietersen
| English cricket in disarray as captain, coach quit (abc sport) English cricket was plunged into disarray overnight after captain Kevin Pietersen resigned and coach Peter Moores was sacked following a power struggle over who takes ultimate control of the national team.
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| English cricket in disarray as captain, coach quit (abc sport) England cricket was plunged into disarray overnight after captain Kevin Pietersen resigned and coach Peter Moores was sacked following a power struggle over who takes ultimate control of the national team.
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| Moores and Pietersen 'facing axe' (bbc sport) Both England coach Peter Moores and captain Kevin Pietersen's jobs could be under threat following an emergency meeting of the England and Wales Cricket Board.
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| Moores's England future in the balance (abc sport) Peter Moores is set to find out later this week whether he will still be England's coach, according to reports in the British press last night.
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 Feed24: Entertainment |
| | Sandra Oh 2587 hour(s) ago @ hollywood.com entert... Sandra Oh. Photos of your favorite actors and actresses. » Save this article » More news about Sandra
Jim Byrnes 2587 hour(s) ago @ hollywood.com entert... An American-born actor long in Canada, Jim Byrnes is best known for playing "Lifeguard", the communications expert and link to the organization on the CBS series Wiseguy (1987-1990), and... » Save this article » More news about Byrnes
Owen Roizman 2587 hour(s) ago @ hollywood.com entert... Began his career working on TV commercials in New York and shot his first feature, Bill Gunn"s Stop, in 1970. Roizman soon became known for his gritty, documentary-influenced urban compositions... » Save this article » More news about Roizman
Paul Le Mat 2587 hour(s) ago @ hollywood.com entert... A beefy, laconic leading man of the 1970s, Le Mat is best known for his performances in George Lucas" American Graffiti (1973) and especially as Melvin Dummar, an aimless blue-collar worker who... » Save this article » More news about Mat
Anna Karina 2587 hour(s) ago @ hollywood.com entert... Slender, dark-haired actress who appeared in several films of the French New Wave, particularly those directed by first husband Jean-Luc Godard. Karina was outstanding as the lonely, lovelorn prostitu... » Save this article » More news about Karina
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 Feed24: Computers & Internet |
| | Yahoo unveils partners for Web TV push 53 minutes ago @ yahoo! news Reuters - Yahoo Inc unveiled on Wednesday a list of partners to aid its push to bring the Internet and television together, hoping their joint effort will finally connect with consumers. » Save this article » More news about Microsoft
| Verizon picks Microsoft search over Google (msnbc.com) Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc.
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Microsofts Ballmer: Windows 7 is nearly final 53 minutes ago @ msnbc.com Microsoft Corp."s next version of the Windows operating system is almost ready for prime time. » Save this article » More news about Microsoft
Live blog: Ballmer at CES 1 hour(s) ago @ yahoo! news LAS VEGAS--With Bill Gates now a Microsoft part-timer, company CEO Steve Ballmer is filling in at this year"s opening keynote for the Consumer Electronics Show. » Save this article » More news about LG
| CES preview: Touting tech in a brutal economy (cnn.com) As 130,000 techies converge on Las Vegas this week for the 42nd annual International Consumer Electronics Show, they're encountering an industry that's anxious about marketing high-tech gadgets in a tightwad economy.
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| What recession? CES has stuff worth seeing (msnbc.com) The recession figures to tone down the flashiness of this week's International Consumer Electronics Show, but the lineup of innovative products likely will measure up to those of past years.
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| New LG HDTVs Bypass Set-Top Boxes to Stream Netflix Movies (yahoo! news) LG Electronics this spring will launch a series of broadband-enabled HDTVs that will stream movies, TV shows, and other high-definition content from Netflix, without the need for an external set-top box, the company has announced. LG and Netflix are demonstrating the new products this week at the Consumer Electronics Show in Las Vegas.
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| LG Announces Broadband HDTV with Netflix Built In (yahoo! news) As more movies and TV shows become available via the Internet, making the "last connection" between online and high-definition TVs is the key remaining obstacle to transforming the Net into a full entertainment medium. On Monday, LG Electronics moved to bridge that connection with the announcement of HDTV sets that are broadband-enabled and contain Netflix streaming software.
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| LG to Offer HDTVs That Download Movies Direct From Netflix (yahoo! news) LG Electronics announced a range of Internet-enabled televisions on Monday that can stream movies from the Netflix rental service. The companies will show the televisions at the Consumer Electronics Show (CES) in Las Vegas this week, a year after they first announced their plans to work together on a set-top box for downloading movies.
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Cisco sees acquisitions with focus on video 2 hour(s) ago @ msnbc.com Cisco Systems Chief Executive John Chambers said he expects to make a stream of acquisitions with a particular focus on video, as part of an effort to remake the company as a consumer electronics br... » Save this article » More news about Cisco
Sony rolls out worlds lightest 8-inch laptop 2 hour(s) ago @ msnbc.com Japan"s Sony Corp plans to launch the world"s lightest 8-inch notebook PC, taking aim squarely at a rapidly growing market for ultra-portable personal computers. » Save this article » More news about 8-inch
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 Feed24: Business & Economics |
| | U.S. companies face $409 billion pension deficit: study 2 hour(s) ago @ yahoo! news Volatile markets have saddled U.S. companies with a $409 billion deficit on pension plans, reversing a $60 billion surplus a year earlier, and will cut into earnings in 2009, consulting firm Mercer sa... » Save this article » More news about Oil
| World markets hit by US unemployment fears (yahoo! news) AP - Most world stock markets fell sharply Wednesday, undercut by fresh worries about the U.S. labor market following a grim jobs survey and aluminum producer Alcoa's announcement that it will slash jobs.
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| Oil drops largest percentage in 7 years on crude build (yahoo! news) Reuters - Oil prices slid 12 percent on Wednesday, the largest percentage drop in seven years, after a U.S. government report showed crude inventories rose much more than expected in the world's top energy consumer.
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| Oil tumbles 12% on still-growing supply (cnnmoney.com) Oil prices fell Wednesday in one of the biggest single-day declines in history, after a woeful supply report gave previously bullish investors little reason to believe oil would sustain a rally anytime soon.
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| Oil tumbles 12% on still-growing supply (business and financi...) Oil prices fell in one of the biggest single-day declines in history Wednesday, after a woeful supply report gave previously bullish investors little reason to believe oil would sustain a rally anytime soon.
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| Oil tumbles 12% on demand woes (latest financial new...) A selloff in oil prices gained momentum Wednesday afternoon, with crude tumbling over 12% as worries about demand drying up took center stage.
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| Oil tumbles 12% on demand woes (latest financial new...) Oil shed almost $6 a barrel Wednesday after a government report showed much larger than expected increases in crude and gasoline stockpiles, a sign that demand has fallen significantly.
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| Oil tumbles on inventory surge (cnnmoney.com) Oil shed more than $3 a barrel Wednesday after a government report showed a much larger than expected increases in crude and gasoline stockpiles, a sign that demand for oil has fallen significantly.
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Chavez in low-income heating about-face 4 hour(s) ago @ latest financial new... Venezuela"s Citgo Petroleum said Tuesday that it has reinstated a program that provides discounted home heating oil to lower-income residents in U.S. communities, one day after it was suspended. » Save this article » More news about US
| Wall Street drops on jobs gloom and Intel warning (yahoo! news) Reuters - Stocks fell on Wednesday as signs of more labor market deterioration and a disappointing revenue outlook from technology bellwether Intel Corp heightened concerns about the severity of the recession.
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| Wall Street stumbles on Intel warning and jobs data (yahoo! news) Reuters - Stocks fell at the open on Wednesday as technology bellwether Intel Corp warned about its outlook, adding to the gloomy mood following a report showed 693,000 private-sector U.S. jobs were lost in December.
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| U.S. 2008 planned layoffs most in 5 years: Challenger (yahoo! news) Reuters - Planned layoffs at U.S. firms eased in December from the previous month's seven-year high but they were up an astounding 275 percent annually as the year-old recession cut a huge swathe of destruction through job market.
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| Japan stocks up for 7th day on hopes for US plan (yahoo! news) AP - Japanese stocks rose for a seventh straight trading day on Wednesday on optimism over a U.S. economic stimulus plan. Exporters like Panasonic and Honda also gained as the yen weakened, inflating their overseas income.
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| Japan's top CEOs say crisis shows US shortcomings (yahoo! news) Japan's business leaders said Tuesday the U.S. financial crisis has shown the shortcomings of America's freewheeling approach to business, but defended the end of this nation's tradition of lifetime employment as needed to keep up with global changes.
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| Japan stocks up for 7th day on hopes for US plan (yahoo! news) AP - Japanese stocks rose for a seventh straight trading day on Wednesday, lifted by optimism over a U.S. economic stimulus plan and a surge in exporters on the back of a weakening yen.
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Breakingviews.com: Buying IndyMac at a Bargain Price 1 hour(s) ago @ nyt > business The F.D.I.C. may have been too soft on the private equity firms buying IndyMac, the failed California-based bank. » Save this article » More news about America
| Bank of America sells China bank stake (yahoo! news) Reuters - Bank of America Corp , coping with tough economic conditions, raised $2.83 billion by selling part of its stake in China Construction Bank Corp (601939.SS), and Hong Kong's richest tycoon sold a $500 million stake in rival Bank of China (3988.HK).
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| Bank of America sells shares in Chinese bank (yahoo! news) AP - Bank of America Corp. raised more money Wednesday to cope with U.S. economic turmoil by selling part of its stake in China Construction Bank Ltd., China's second-biggest commercial lender, for $2.8 billion.
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| HK stocks fall as China Construction Bank dives (yahoo! news) Hong Kong's main stock index fell more than 3 percent Wednesday, as shares in China Construction Bank plunged after Bank of America sold part of its stake in the mainland's No. 2 lender.
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| Bank of America sells China bank stake (yahoo! news) Reuters - Top U.S. lender Bank of America raised $2.83 billion from selling part of its holding in China Construction Bank (0939.HK) and Hong Kong's richest tycoon followed by selling a $500 million stake in rival Bank of China (3988.HK).
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World markets hit by US unemployment fears 8 hour(s) ago @ yahoo! news AP - U.S. and European stock markets fell sharply Wednesday amid fresh worries about the U.S. labor market following a grim jobs survey and the announcement aluminum producer Alcoa will slash jobs. » Save this article » More news about $1
| $1.2T deficit looms (business and financi...) The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.
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| CBO projects $1.2T deficit for 2009 (yahoo! news) AP - The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
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| $1.2 trillion deficit looms (latest financial new...) The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.
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| CBO projects $1.2T deficit for 2009 (yahoo! news) AP - The federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
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| U.S. projects record $1.2 trillion deficit (latest financial new...) The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.
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| U.S. budget deficit seen topping $1 trillion in 2009 (yahoo! news) Reuters - Politicians want American consumers to resume spending to pull the economy out of its tailspin, and the U.S. government is leading by example with a potential $1 trillion deficit in 2009 -- even before a massive stimulus plan.
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Stocks tumble as companies warn of weak results 4 hour(s) ago @ yahoo! news AP - A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday. » Save this article » More news about Stocks
| Stocks knocked by recession fears (business and financi...) Stocks slumped Wednesday after weak labor market reports and dour forecasts from Alcoa and Intel gave investors reasons to retreat after the recent rally.
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| Profit warnings, poor job outlook weigh on stocks (yahoo! news) AP - Bleak outlooks from Time Warner, Intel and Alcoa combined with more evidence of rising unemployment sent stocks sharply lower Wednesday, sending major indexes down more than 2 percent including the Dow Jones industrials, which lost more than 225 points.
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