Regulators must do all they can to help banks make loans to
creditworthy borrowers, especially small businesses, a development
that's critical to strengthening the economic recovery, Federal Reserve
Chairman Ben Bernanke said Thursday.
Two decades ago, when Arizona voters rejected a Martin Luther King Jr.
holiday, the NFL yanked the Super Bowl from suburban Phoenix. The
boycott marked a major turning point in the journey to nationwide
acceptance of the King holiday.
A Pakistani-born U.S. citizen was hauled off a plane about to fly to
the Middle East and arrested in the failed attempt to explode a
bomb-laden SUV in Times Square, authorities said Tuesday. One official
said he claimed to have acted alone.
In a blunt caution to political friend and foe, President Barack Obama
said Saturday that partisan rants and name-calling under the guise of
legitimate discourse pose a serious danger to America's democracy, and
may incite "extreme elements" to violence.
Factories are churning out more goods. Consumers are spending.
Government aid is fueling construction activity. But stagnant pay and
weak hiring will likely restrain the economic rebound in coming months.
A Senate measure advertised as protecting taxpayers from another Wall
Street bailout would still leave them fronting the money if the
government moves to liquidate a big failing company like insurance
Gov. David Paterson stepped into the immigration debate Monday, saying
he would create the nation's first "pardon panel" to investigate
requests of legal immigrants facing deportation because of past
A bill authored by Congresswoman Maxine Waters (D-Calif.) and signed
into law by President Barack Obama will significantly reduce, if not
eliminate, the hundreds of millions of dollars Haiti owes to