Even members of President Barack Obama's bipartisan fiscal commission
admit the near impossibility of their task: finding a consensus by next
fall for reducing federal deficits that threaten to erode Americans'
standard of living.
Economists are more optimistic about prospects for growth this year as
industries increasingly report better profits and add new jobs, though
they still expect the recovery to remain slow, a new survey shows.
It might be the last great American newspaper war. And Rupert Murdoch intends to win it.
has made a career of grabbing readers and advertisers from competing
newspapers, and now he is racheting up the challenge his Wall Street
Journal poses to The New York Times. On Monday, the Journal is
launching a metro section that will vie for readers and advertisers on
the Times' turf.
Desperate to curtail expected widespread losses this fall, President
Barack Obama pleaded with supporters of his 2008 campaign Monday to
help elect Democrats as his aides intensified their focus on
re-energizing his broad coalition of backers.
Mayor Michael Bloomberg on Thursday said there's nothing wrong with his
money managers investing hundreds of millions of dollars in offshore
tax havens, defending it as a practical way to make more money for his