WASHINGTON - President Barack Obama still calls shoring up the middle class his "No. 1 priority," but recent events overseas and at home are overshadowing the U.S. economy as a political issue.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 2 MONTHS AGO
WASHINGTON - The United States just passed a dubious milestone: Government debt surged to an all-time high, topping $14 trillion - $45,300 for each and everyone in the country.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 10 MONTHS AGO
WASHINGTON - Any more stimulus spending by President Barack Obama and Congress is dead, after this week's election blowout by the Republicans. Yet, Federal Reserve Chairman Ben Bernanke's "Hail Mary" pass to pump $600 billion into the banking system is really stimulus spending under another name.
WASHINGTON - The economic die is cast, and it's grim news for Democrats. There's nothing now that Congress or President Barack Obama can do to before the November elections to jolt the nation's listless recovery.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 1 MONTH AGO
WASHINGTON - The government's giant bank bailout may well have averted a second Great Depression, economists say, but a lot of voters aren't buying it. Support for the program is turning into a kiss of death for many in Congress.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 1 MONTH AGO
TORONTO - At odds over how to strengthen the global recovery, top world leaders found common ground on foreign policy Saturday, condmening North Korea for the alleged sinking of a South Korean warship and endorsing a five-year exit timetable for Afghanistan.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 4 MONTHS AGO
HUNTSVILLE, Ontario - Fresh from a congressional win on a financial overhaul, President Barack Obama pressed world leaders on Friday to join him in backing stronger rules against banking abuses. He made little headway in his call for more stimulus to keep the world economy growing.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 4 MONTHS AGO
WASHINGTON - Defending his company under blistering criticism, the CEO of Goldman Sachs testily told skeptical senators Tuesday that customers who bought securities from the Wall Street giant in the run-up to a national financial crisis came looking for risk "and that's what they got."
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO