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Planned Job Cuts Highest in Two Years

From Reuters: Employers announced 115,730 planned job cuts last month, more than double August’s total of 51,114, according to the report from consultants Challenger, Gray & Christmas, Inc. The figure was the highest since April 2009 when 132,590 layoffs were

Bernanke: Economy 'Is Close to Faltering'

From the Associated Press: Federal Reserve Chairman Ben Bernanke says the economic recovery “is close to faltering” and the central bank is prepared to take further steps to support it. The economy is growing more slowly than the Federal Reserve

Christie's Out, Is Palin In?

From Politico: Ken Vogel and I both have sources telling us that calls were made on behalf of a mystery candidate to various early states to determine presidential filing deadlines. The calls were made by representatives of the law firm

Cordray Nomination: Ominous Signs in the Senate?

Hopefully, it is not an ominous sign of things to come. Last week, the Senate confirmed former Kentucky insurance regulator S. Roy Woodall for the one voting position on the federal Financial Stability Oversight Council (FSOC) reserved for someone with

Reports: Christie Not Running for President

From the Associated Press: A person close to New Jersey Gov. Chris Christie says he is not running for president, despite pressure from donors and others in the Republican Party establishment. The person, with direct knowledge of the decision, spoke

Protests Against Wall Street Spreading Across the Country

From the Associated Press: Protests against Wall Street entered their 18th day Tuesday as demonstrators across the country show their anger over the wobbly economy and what they see as corporate greed by marching on Federal Reserve banks and camping

Only 37% of Americans Think Obama Will Be Reelected

From ABCNews: A majority of Americans expect Barack Obama to be a one-term president, an assessment on which, in past elections, the public more often has been right than wrong. Just 37 percent in a new ABC News/Washington Post poll

Obama: Americans Not Better Off than 4 Years Ago

From the Associated Press: President Barack Obama said Monday that Americans aren’t better off than they were four years ago as the struggling economy and high unemployment have taken a toll. Looking ahead to next year’s election, the incumbent called

Knox Out: Amanda Knox Cleared in Murder Case

From the Associated Press: American Amanda Knox was acquitted of murder and sexual assault by an Italian appeal court on Monday after four years in custody over the killing of her British housemate Meredith Kercher. The dramatic ruling overturns a

Decision Week for Chris Christie

From Reuters: Republican Chris Christie discussed a possible run for president with top advisers over the weekend and needs to decide by week’s end, a Republican familiar with the discussions said on Monday. Christie, the New Jersey governor, has been

ObamaCare Tops Upcoming Supreme Court Agenda

From Reuters: President Barack Obama’s sweeping healthcare overhaul will top the agenda in the new Supreme Court term that opens on Monday and could be the most momentous in decades. Returning from its three-month recess, the nation’s highest court will

700 Arrested After Protest on NY's Brooklyn Bridge

From the Associated Press: Protesters speaking out against corporate greed and other grievances were maintaining a presence in Manhattan’s Financial District even after more than 700 of them were arrested during a march on the Brooklyn Bridge in a tense

Dems Insist on Tax Hikes in Deficit Talks

From Reuters: Democrats want tax hikes to be the first item negotiated in “super committee” deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters. The tough stance by

Feds Rush Through Another $5 Billion in Solar Energy Loans

From the Associated Press: The deals announced Friday include a $1.5 billion loan guarantee to Florida-based NextEra Energy and other investors that bought a planned 550-megawatt solar farm on federal land in Southern California from First Solar, as well as

New Docs Show Extensive White House Involvement in 'Fast and Furious'

From CBSNews: Late Friday, the White House turned over new documents in the Congressional investigation into the ATF “Fast and Furious” gunwalking scandal. The documents show extensive communications between then-ATF Special Agent in Charge of the Phoenix office Bill Newell

High Taxes Hastened Somalia's Famine

From the Associated Press: The withdrawal of Somalia’s al-Qaida-linked rebels from their bases in Mogadishu and severe food shortages in southern Somalia may be linked to the same problem familiar to politicians the world over: tax collections. The abandonment of