Weiner under pressure as Dems demand resignation
Democratic leaders refused to defend Anthony Weiner after he admitted sending a lewd photo and lying about it. Senate Leader Reid said he cannot defend him and urged resignation, while Republicans pressed for ethics action and political gain amid calls for accountability.
MENTIONED IN THIS ARTICLE
Washington
Anthony Weiner
New York Democrat
Andrew Breitbart
Weiner
New York
House
Senate
Harry Reid
Nevada
GOP
Reince Priebus
Nancy Pelosi
House Ethics Committee
Debit card fee debate hits Senate clash over swipe fee limits
The Senate moves toward a vote to block a Federal Reserve plan capping debit swipe fees at 12 cents, a shift that would affect merchants and banks profitable on the current 44 cent average. Durbin frames the choice as between banks and credit card firms versus consumers and businesses nationwide.
MENTIONED IN THIS ARTICLE
Washington
Senate
Federal Reserve
Fed
Jon Tester
Dmont
Richard Durbin
Illinois
Durbin
America
Notable Americans Borrow More but Cut Credit Card Use
April borrowing rose nearly 7.2 billion driven by school and auto loans while credit card use fell for a second time in three months. Total consumer credit reached a seasonally adjusted annual rate of 2.43 trillion, just above the 2.39 trillion September low. Delay rules curb on-time ground holds reduced long tarmac delays, but no fines have been issued as summer travel nears and concerns rise over future enforcement.
MENTIONED IN THIS ARTICLE
Federal Reserve
Market closes slightly lower on Tuesday
Wall Street ended with the Dow down 19.50 to 12,070.81 the Nasdaq slipping 1.00 to 2,701.56 and the S&P 500 retreating 1.23 to 1,284.94. Treasury yields held steady at 4.26 percent while grain and oil prices moved modestly. Corn traded at 450 cents per bushel, soybeans at 13.94, wheat at 8.75, and oil rose to 99.09 a barrel.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p
Chicago
Kansas City
New York
Obama warns on slowdown while urging calm
President Obama voiced concern over a sudden economic slowdown as job growth stalls but urged the public not to panic. He noted uncertainty whether this is a brief dip or a longer trend while Fed officials signaled no bold action. Public disapproval of his handling rose to a record 59 percent as unemployment hovered around 9.1 percent.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Obama
Angela Merkel
Federal Reserve
Ben Bernanke
Atlanta
Fed
Congress
Also Mentioned on This Page
Rep
Dems
David Espe
Associated Press
Alan Fram
Washington Post-Abc News
Massachusetts
Mitt Romney
Romney
Minnesota
Tim Pawlenty
Pawlenty
ED A
Uchen Vyallerp
Sun
Fairlawn Plaza Mall
21St & Fairlawn
Kitcher
Eric Sorrentino
Fda
Harper Law Office
Country Club Terrace
Lawrence
Relay For Life of
Douglas County
American Cancer Society
Relay For Life
Relayforlife.org
Douglasks
de Monte Pet Products
Business Hall OF Fame
Chaid
Jim Owens
Gene Meyer
Bob Billings
Alvamar
Shirley Martin-Smith
Adecco
Lawrence Business Hall of Fame
Kansas Union Ballroom
Www
Kansasia.org
the World Company
Dawa Ua
Lawk
Hos
Summers, Spencer & Company, P.A. IO Accountantc