Obama says progress but no deal to avert government shutdown
In Washington DC President Obama voiced optimism that a shutdown could be avoided if talks with House Republicans continue through the night. Despite narrowing differences he warned urgency is needed and Boehner reported productive talks with no agreement on numbers or policy.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
White House
Obama
House Republicans
House
John Boehner
Boehner
Pentagon
U.S. Congress
Senate
Iraq
Afghanistan
Libya
IRS
National Parks
Smithsonian Institution
National Mall
Capitol
NASA
Bob Jacobs
Atlantis
Space
Reid
Portugal seeks eurozone bailout to avert debt crisis
Portugal asked for international financial aid on Wednesday joining Greece and Ireland as the third eurozone country to seek outside help. Prime Minister Jose Socrates announced the caretaker government would pursue funding to stabilize the economy and financial system, with analysts estimating a potential need of up to 114 billion dollars. Banks across Europe face rising risk as Portugal pays unsustainable rates to attract investors, threatening the eurozone if Spain and others require rescue.
MENTIONED IN THIS ARTICLE
Portugal
Greece
Ireland
Jose Socrates
Socrates
Europe
Spain
Germany
Markets Trim Losses as Dow Hits 12,426.15
U S stock indices edged higher with the Dow up 32.85 to 12,426.15 on Wednesday while the Nasdaq gained 8.63 to 2,199.82 and the S&P 500 rose 2.91 to 1,335.54. Treasury yields held at 4.58 percent for the 30 year. In commodities, Corn fell 3.75 cents to 7.63, Soybeans rose 3.25 cents to 13.77, Wheat slipped 10.5 cents to 9.40, and Oil gained 49 cents to 108.83.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p
Chicago
Kansas City
New York
Rising oil prices threaten U.S. economy and consumer budgets
Rising oil prices push gasoline above 3.60 a gallon as unrest in the Middle East and higher demand squeeze airlines, shipping, and households. Economists cut growth forecasts while consumers report hardship and cutbacks in spending, driving, and vacations.
MENTIONED IN THIS ARTICLE
Washington
U.S
Aaas
Libya
Middle East
Mark Zandi
Moody’s Analytics
Saudi Arabia
Canada
James Hamilton
University of California
San Diego
Associated Press-Gfk
Curt Lindsay
Washington, D.C
House panel OKs 2012 GOP budget amid partisan split
The Republican led House Budget Committee narrowly approved a $3.5 trillion 2012 budget. It aims to curb spending and shift medical costs to future retirees, reform Medicare and Medicaid, and lower top tax rates. Democrats condemn the plan as harmful to retirees and the poor while noting it lacks Senate approval. The measure advances to the full House as a campaign issue.
MENTIONED IN THIS ARTICLE
Washington
House Budget Committee
Paul Ryan
GOP
Ryan
Chris van Hollen
Maryland
van Hollen
Senate
Also Mentioned on This Page
Lindsay
Matt Tait
Oks
Hite
WWW
Hitecollision.com
The
University of Kansas School of Music
Center For Russian, East European and Eurasian Studies
Department of Slavic Languages and Literatures
Tavivendtey Organ Competition
Bales
Tariverdiev International Organ Competition
Bales Organ
Organ.ku.edu