Obama labeled socialist debate lingers in politics
The Associated Press reviews the persistent claim that President Obama is a socialist. Critics point to slogans and history, while historians and socialists say the charge lacks credence. Experts note the term functions as an anti liberal slur, not a description of policy.
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New York
Barack Obama
Europe
Obama
Washington Times
Svetlana Kunin
Investor
Business Daily
America
U.S
Horace Greeley
Franklin Roosevelt
Democratic Party
Wall Street
Terence Ball
Arizona State University
Ball
Greg Pason
Socialist Party USA
Pason
Francis Bellamy
Wisconsin recall battle heads to voters in tight contest
The Wisconsin recall vote pits Gov. Scott Walker against Democrat Tom Barrett in a close race after a year of national attention. Both sides push turnout as Walker defends taking on public unions and Barrett campaigns across western and northern Wisconsin before a Milwaukee rally.
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Mappison
Wis
Scott Walker
Wisconsin
Walker
Milwaukee
Tom Barrett
Barrett
Portage
United Auto Workers Union
Kenosha
U.S
California
Gray Davis
Jeffrey Phelps
Poll finds independents outweigh partisans in U S politics
A Pew poll shows a record 38 percent of adults identify as independents, while 32 percent are Democrats and 24 percent Republicans. Independents leaners are more ideological and polarized, shaping the 2012 and 2016 campaign terrain as voters shift away from the two parties.
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Washington
Pew Research Center
Barack Obama
John McCain
White House
Obama
McCain
Mitt Romney
Merkel open to European banking authority amid debt crisis
German Chancellor Angela Merkel signaled openness to a European banking authority as a long term fix. EU finance ministers and central bank presidents from the world's seven wealthiest nations planned an emergency conference call to address Europe's worsening debt crisis.
MENTIONED IN THIS ARTICLE
Angela Merkel
Europe
Market snapshot from Monday's closing figures
The Dow fell 17.11 points to 12,101.46 while the Nasdaq composite edged higher by 53. The 30 year Treasury yield rose to 2.57 percent. Corn gained 16.50 cents to 5.68, soybeans slipped 4.25 cents to 13.40, and wheat rose 18 cents to 6.55. Oil advanced 75 cents to 83.98, gold traded at 1613.90, silver at 28.01, and platinum declined 5.90 to 1427.30.
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Chicago
Kansas City
New York
Darkening U S outlook after bleak May jobs report
U S economists turn more pessimistic about growth as May job data show only 69 000 new positions. Hiring weakness and lower exports trigger downgrades from BNP Paribas JPMorgan Chase and others while the unemployment rate edges up to 8.2 percent. Firms trim 2012 forecasts citing weak hiring and overseas demand.
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Washington
U.S
Europe
Julia Coronado
BNP Paribas
New York
Coronado
Jpmorgan Chase
Macroeconomic Advisers
UBS
National Association For Business Economics
Federal Reserve
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