Insight: Behind the healthcare-law case
(Reuters) – A little over a year ago, Florida Attorney General Pam Bondi was on a mission. Along with a group of like-minded officials from other states, she was determined to be the first...
Category: Government Money
Remarks at the Opening Session of the Global Chiefs of Mission Conference
I often tell leaders in this region that the United States has been working on our democracy for more than 235 years. We’re still in the process of trying to perfect it. But we...
MetLife Misses Federal Reserve Target in Stress Scenario
MetLife Inc. (MET), the largest U.S. life insurer, would fall short of a U.S. capital standard in a severe economic downturn, the Federal Reserve said. The stock declined in extended trading. The total risk-based...
Rage grows over mortgage deal
NEW YORK (CNNMoney) — As more details emerge about the massive $26 billion foreclosure settlement between the five biggest mortgage lenders and the states’ attorneys general, a growing number of borrowers are realizing that...
Germany Fails To Meet Its Own Austerity Goals
European countries are expected to implement tough austerity measures amid the debt crisis. But Germany isn’t setting a very good example. SPIEGEL has learned that Berlin failed to reach its own austerity goals in...
Iceland Will Adopt Euro or Other Currency, Prime Minister Says
Iceland will either adopt the euro after joining the European Union or drop the krona and unilaterally adopt another currency as “the situation can’t remain unchanged,” said Prime Minister Johanna Sigurdardottir. “The choice is...
Obama administration ends funding for Texas health program over state’s abortion law
HOUSTON – The federal government will stop funding a Texas health program that serves 130,000 low-income women because of a state law that bars abortion-affiliated clinics from getting public money. Health and Human Services...
The real unemployment level
While the Labor Department reports a surge in private-sector hiring and the nation’s unemployment rate holding steady at 8.3 percent, a closer look at the numbers paints a less flattering picture of the country’s...
U.S. Unemployment Up in February
PRINCETON, NJ — U.S. unemployment, as measured by Gallup without seasonal adjustment, increased to 9.1% in February from 8.6% in January and 8.5% in December. The 0.5-percentage-point increase in February compared with January is...
Obama moves G-8 summit from Chicago to Camp David
The decision came as a surprise to Mayor Rahm Emanuel, who was praising city’s plans to host the G-8 summit as recently as Monday morning, when asked about downtown businesses preparing for the possibility...
