Topic: Pete Davis
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At about noon Thursday, the Dow Jones Industrial Average was off 370 points, or 3.3 percent. On Wednesday, the Federal Reserve said 'there are significant downside risks to the economic outlook.'
09/22/2011 01:04 pm
The House and Senate are far apart on how much to mete out for cleanup and recovery after an unusual streak of natural disasters this year. They don't usually budget for such events.
09/15/2011 06:40 pm
The markets are counting on Washington to raise national debt ceiling by Aug. 2, but that's not all. Wall Street also expects a deal that cuts the size of US budget deficit. How much is it looking for?
07/22/2011 02:32 pm
The sweeping financial reform legislation passed by Congress a year ago created the Consumer Financial Protection Bureau. President Obama nominated its first director Sunday, but Republicans are against the structure of the entire agency.
07/18/2011 05:35 pm
Former members of Congress paint a grim picture of what could await Rep. Weiner if he doesn't resign, including shunning and loss of influence. Democrats are already edging away.
06/08/2011 09:48 pm
Wall Street insiders aren't worried the government might hang an 'out to lunch' sign. The market improved during the 1995 government shutdowns. Of greater concern: raising the debt ceiling.
04/07/2011 04:28 pm
President Obama's proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources. Here’s a look at five key head-scratchers in the 2012 budget:
02/15/2011 07:26 pm
New York Mayor Michael Bloomberg is trying to force Congress's hand on gun control, suggesting that new laws could have kept guns out of the hands of Tucson shooting suspect Jared Loughner.
01/24/2011 04:51 pm
Wind power firms, makers of energy-efficient windows, duck hunters, and other special interests are pushing Congress to save – or shelve – some 83 expiring tax credits.
12/09/2010 01:02 pm
Extending the Bush tax cuts will prevent as much as $300 billion a year from going into federal coffers, continuing the current federal deficits.
12/06/2010 09:40 pm
Democrats have the votes to block the president's compromise with Republicans on extending the Bush tax cuts. But many might have to accept that with Republicans set to gain more power in Congress next year, this is the best deal they're likely to get.
12/06/2010 08:15 pm