President Barack Obama says it is time for members of Congress to put aside political brinksmanship in order to boost the United States’ sluggish economic recovery and create more jobs. During his weekly address Saturday, Mr. Obama said too many Americans are struggling to get by. He said Congress should extend payroll tax cuts that […]
Obama to Congress: Set Aside Politics, Boost Jobs
Posted August 13th, 2011 at 8:40 am (UTC-5)
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Obama Urges Congress to Put the American People First
Posted August 13th, 2011 at 5:55 am (UTC-5)
President Barack Obama says it is time for members of Congress to put their constituents ahead of political brinkmanship. During his weekly address Saturday, Mr. Obama said too many Americans are struggling to get by. He said Congress should extend payroll tax cuts that save the average American family $1,000 a year. President Obama says […]
Iowa Straw Poll a Test for US Republican Candidates
Posted August 13th, 2011 at 4:45 am (UTC-5)
Republican Party candidates seeking to challenge U.S. President Barack Obama in 2012 face a highly anticipated test vote Saturday in Iowa. The so-called “straw poll” held in the city of Ames is seen as a key test for the candidates seeking the Republican nomination. On the ballot are nine candidates, including front-runner and former Massachusetts […]
Without Castro, Cuba Celebrates Communist Revolutionary’s 85th Birthday
Posted August 13th, 2011 at 12:15 am (UTC-5)
Cuba is celebrating the 85th birthday of former President Fidel Castro with a gala concert dubbed the “Serenade to Fidelity.” Twenty-two musicians from across Latin America, including Grammy-winning Cuban singer Omara Portuondo, performed Friday night on the eve of Mr. Castro’s birthday. Cuban Vice President Jose Ramon Machado Ventura and other politicians were in attendance […]
Crude Oil Prices Fall
Posted August 12th, 2011 at 4:15 pm (UTC-5)
Here are the prices of some commodities traded in New York on Friday: Crude oil prices fell 34 cents to $85.38 per barrel. Copper prices rose half a cent to $4.01 per pound. Cocoa futures advanced $23 to $2,879 per ton. Coffee prices dropped half a cent to $2.40 per pound. In Chicago trading, wheat […]
After Credit Downgrade, US Borrowing Costs Actually Fell
Posted August 12th, 2011 at 10:55 am (UTC-5)
A new analysis shows that borrowing costs for the U.S. government have fallen, contrary to the prediction of some economic experts that they would markedly increase after the country’s credit rating was downgraded. A U.S. business news outlet, Bloomberg, reported Friday that the $72 billion worth of notes the government auctioned this week collectively carried […]
Woman Pleads Guilty to Faking Guatemala Kidnapping
Posted August 12th, 2011 at 2:00 am (UTC-5)
A Virginia woman has pleaded guilty in a U.S. court to faking her own kidnapping in Guatemala to extort money from her family in the United States. U.S. prosecutors say 34 year old Sheena Flores was living in Guatemala with a child last year when she told her family she had been abducted and would […]
Mexico Arrests Suspected Drug Cartel Hitman
Posted August 11th, 2011 at 7:30 pm (UTC-5)
Mexican authorities say they have arrested a suspected gang leader who they say has admitted to murdering — and ordering the murders — of 600 people. Prosecutor Alfredo Castillo told reporters police had arrested Oscar Garcia Montoya Thursday in the capital, Mexico City. He identified the suspect as the head of the violent drug gang […]
Chavez Says Chemotherapy Going Well
Posted August 11th, 2011 at 6:20 pm (UTC-5)
Venezuelan President Hugo Chavez says his current round of chemotherapy is going well and that he is “winning the battle” against cancer. In a phone call to Venezuelan state television Thursday, Mr. Chavez said this phase of treatment will end on Friday and that he will return to Venezuela soon. Mr. Chavez also took the […]
Crude Oil Prices Rise
Posted August 11th, 2011 at 4:00 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices rose $2.83 to $85.72 per barrel. Coffee futures were up 6 cents at $2.41 per pound. Cocoa prices rose $9 to $2,856 per ton. Copper prices rose 12 cents to $4.00 per pound. In Chicago trading, wheat prices […]
