Word that William Daley is Obama's top choice for chief of staff, to replace fellow Chicagoan Rahm Emanuel, have fed the line that the 'Chicago Machine' is taking over Washington.
Now that the Republican party holds a majority in the US House they are likely to become more results-oriented in the lead up to 2012. The 'party of no' may even become the party of compromise and results.
Obama achieved several legislative victories just before going on vacation. But with a GOP-led House vowing to target 'ObamaCare' and government spending, difficult battles await.
Stock prices can look volatile from day to day, so some investors – like those at Crossing Wall Street (CW) – make one reasoned 'buy' decision each year, and stick with it.
The $7.2 billion from the estate of philanthropist Jeffry Picower represents the largest forfeiture in US history. So far, $9.8 billion has been collected on behalf of Bernard Madoff victims – nearly half the $20 billion that investors lost.
Bankruptcy won't close A&P's 395 grocery stores, thanks to $800 million financing deal.
Stock market loses 142 points after North, South Korea exchange fire and Federal Reserve lowers growth outlook.
Foreclosures have prompted a wave of class-action suits, which could cost banks billions of dollars, a congressional watchdog says.