What's At Stake - Ten Races That Have Republicans Worried for 2010 - TIME
TikTok Sues U.S. Government Over Trump Ban
5 years ago
Friday, November 6, 2009
Unemployment rate rises above 10% ; Obama signs jobless benefit extension -- latimes.com
Unemployment rate rises above 10% ; Obama signs jobless benefit extension -- latimes.com
The unexpectedly sharp increase in the unemployment rate, from 9.8% in September, came as employers dropped 190,000 workers from their payrolls last month. That was larger than the 175,000 job losses that most forecasters were expecting for the month, and it underscored just how dire the labor market remains despite the recent upturn in the nation's economic output.
The report did offer glimmers of hope. Government statisticians said job losses in September and August were a combined 91,000 fewer than previously estimated, and the latest month continued a trend of moderating job reductions since an average of nearly 700,000 positions were cut monthly in the first quarter. Moreover, employment in the temporary-help industry, which is considered a harbinger of broader hiring, has begun to grow again.
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U.S. bank regulators step in as two more fail - MarketWatch
U.S. bank regulators step in as two more fail - MarketWatch
A bank in Georgia and one in Detroit failed on Friday, bringing the 2009 tally to 117.
United Security Bank of Sparta, Ga., closed its doors for the last time on Friday, said the Federal Deposit Insurance Corp. Moultrie, Ga.-based Ameris Bank will assume control of all United Security's deposits.
Home Federal Savings Bank of Detroit, Mich., also failed late friday. New Orleans-based Liberty Bank and Trust Co. will assume control of its deposits.
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A bank in Georgia and one in Detroit failed on Friday, bringing the 2009 tally to 117.
United Security Bank of Sparta, Ga., closed its doors for the last time on Friday, said the Federal Deposit Insurance Corp. Moultrie, Ga.-based Ameris Bank will assume control of all United Security's deposits.
Home Federal Savings Bank of Detroit, Mich., also failed late friday. New Orleans-based Liberty Bank and Trust Co. will assume control of its deposits.
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Thursday, November 5, 2009
Obama highlights AARP, AMA endorsements - Political Intelligence - Anational political and campaign blog from The Boston Globe - Boston.com
Obama highlights AARP, AMA endorsements - Political Intelligence - A
national political and campaign blog from The Boston Globe - Boston.com
"This is no small endorsement," he said of the AARP support, saying it should rebut criticism that the proposals would hurt seniors.
"We're thrilled they're standing with us," Obama, who plans to visit Capitol Hill on Friday in support of health reform, told reporters.
The AMA's backing is also important, he said, because "the doctors of America know what needs to be fixed with our health care system." (His full remarks are below.)
The AMA backed the Democratic bill, plus a companion bill that would shield doctors from cuts in Medicare reimbursements.
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national political and campaign blog from The Boston Globe - Boston.com
"This is no small endorsement," he said of the AARP support, saying it should rebut criticism that the proposals would hurt seniors.
"We're thrilled they're standing with us," Obama, who plans to visit Capitol Hill on Friday in support of health reform, told reporters.
The AMA's backing is also important, he said, because "the doctors of America know what needs to be fixed with our health care system." (His full remarks are below.)
The AMA backed the Democratic bill, plus a companion bill that would shield doctors from cuts in Medicare reimbursements.
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Wednesday, November 4, 2009
Tuesday, November 3, 2009
Blow Out! - Republican Wins Virginia Governor Race - NYTimes.com
Republican Wins Virginia Governor Race - NYTimes.com: "Robert F. McDonnell, a Republican and a former state attorney general, won a decisive victory in Virginia’s governor’s race Tuesday, a stark reversal of fortune for Democrats who have held control in Richmond for the past eight years.
Mr. McDonnell defeated the Democratic candidate, R. Creigh Deeds, an 18-year state senator from rural Bath County in western Virginia."
Economic Calendar - 03 Nov 09
Cool!
Economic Calendar: "Tuesday, Nov. 3
10 amFactory ordersSept.0.9%0.6%-0.8%
10 amMotor vehicle salesOct.10.5 million10.2 million9.2 million"
Economic Calendar: "Tuesday, Nov. 3
10 amFactory ordersSept.0.9%0.6%-0.8%
10 amMotor vehicle salesOct.10.5 million10.2 million9.2 million"
Warren Buffett's Biggest. Deal. Ever. - MarketBeat - WSJ
CNBC - “[Burlington Northern] does it in a very cost-effective way and they do it in an extraordinarily environmentally friendly way," Buffett said. "BNSF last year moved on average a ton of goods 471 miles on one gallon of diesel and it releases far fewer pollutants into the atmosphere. It saves enormously on energy consumption and it diminishes highway congestion."
"I believe this country will prosper and will have more people moving more good 10 to 30 years from now and the rails should benefit, but it’s a bet on the country,” he added.
Warren Buffett's Biggest. Deal. Ever. - MarketBeat - WSJ: "The rationale for the deal? “It’s a bet on the country basically,” Buffett told CNBC, adding that as the country recovers from this recession, there will be an increased demand to move goods. “They do it in a very cost effective way [and] they do it in an extraordinarily environmentally friendly way,” Buffett said of railroads."
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