Federal deficit on pace to reach record $1T
The United States runs a record November deficit on pace to exceed $1 trillion for the year. Through two months of the new budget year the shortfall reached $401.6 billion, near last year's $455 billion full-year gap as Treasury data show lower tax receipts and higher spending amid recession.
MENTIONED IN THIS ARTICLE
Washington, D.C
Uncle Sam
Treasury Department
Treasury
Henry Paulson
Government Accountability Office
Congress
Department
Big donors bankrolled both conventions last summer
Major corporations unions and millionaires poured 118 million into Barack Obama and John McCain nominating events as Ford Citi Goldman Sachs AIG and Freddie Mac funded the process. Billionaire Kirk Kerkorian also contributed millions while Ford spent 100000 per convention amid bailout talks and GM lent cars to the committees. Hedge funds joined the drive amid the financial crisis.
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Washington, D.C
Washington
AIG
Ford Motor Co
Citigroup
Goldman Sachs
Freddie Mac
Barack Obama
John McCain
4Hott
Campaign Finance Hnstitute
Center For Responsive Politics
Wall Street
Kirk Kerkorian
Beverly Hills
Calif
Minneapolis
Steve Weissman
Campaign Finance Institute
Ford
General Motors Corp
House OKs auto bailout amid Senate Republican hurdles
The House approved a 14 billion dollar auto industry rescue 237 to 170, aiding General Motors Chrysler and Ford. Senate Republicans threaten bankruptcy, worker concessions, and an environmental mandate, while White House hopes for a Thursday vote and week-end enactment.
MENTIONED IN THIS ARTICLE
Bush White House
Treasury
Washington
D.C
House
Senate
General Motors Corp
Chrysler
Ford Motor Co
Nancy Pelosi
U.S
White House
Strug
Gling
Republicans
Dana Perino
General Motors
Richard Wagoner
UAW
Ron Gettelfinger
Ford
Alan Mulally
Robert Nardelli
Capitol Hill
Senate Banking Committee
Stock Exchange Highlights and Market Review
Markets show varied activity with local stocks of interest and sector movers. Investors monitor blends across sectors as New York and world indices reflect mixed performance amid trending names and regional listings.
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Bureau of Econo
Idaet
Vernon Williams
Hampton Ave
Aiken
Fox
White
Josh Bolton
Allstate
Takiyah Bryant Agency
Allstate Insurance Company
Dougherty Road
Allstate.com
Pat Roberts
Prudential Woodside Realty
Pat
Aikensc.com
Stock Exchange
Wednesday's Market IN Review
At&t Inc
Gusane
Almas NY
AmExp
AmLandLi
BkotAm NY
CPI
Shiloh
Whid Sua
Metallic
AbwosRst
Hwinst
CBS B
Chihalos
ArcSight
CSX NY
Allorp
EiderGidg
Inti Coal
Friedmind
Corp LibBell NJ
Chevron
L OR
XL CapEq NovaChem
CresentBk
OTE NY
Forestca
Forestcb
Digtour
Dellinc
Oxfordinds
Directv
Leahn
Maxam
OceanPwh
Evinsma
FBR A
Nash
Westpac
IAC
Swga Fr
Cresent
Ekodak NY
FMC Corp NY
ISPOR
PwShs
FannieMae NY
IPS
Fcuba Oe
SP Mig
Fordm
NA Pall
Iswemkt S
EkotAm
XL Cap
GranTrain
Amini
BPZ Res
GenElec
AmApparel
Hewlettp
Eale
Jpaargon NY
Cement NY
KimbCik NY
Lilly NY
Lowes NY
MeadWvco
Merck NY
Microsoft Nash
Motorola NY
NorfikSo NY
Nucor NY
Oracle Nasd
PepsiCo NY
Pfizer NY
PhilMorn NY
Potash NY
Prushs&p NY
Proulnsp NY
ProuitFin NY
ProcGam NY
RegionsFn NY
Spdr Fnel NY
Synovuss NY
Textron NY
3McO
US Steel NY
Unwdith Ony
Viacomb
Wachovia
WalMart
Wells Fargo
Yahoo — Nash
Yamanag
Dow Jones
Dow Jones Industrials
Rue Teneence of
Pimco TotRetis
Grthama m LG
Capiicbua m
Cpwidgra m
Invcoama m
Fidelity Contra LG
Incamera m
Wamutinva m
NewPerson m
Vanguard
Baia m
Fundminva m
Dodge & Cox intiStk
Pimco TotRetAdm
American Funds Bond Am
Fidelity GrowCo
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