U.S.
House passes economic recovery bill
January 30, 2009Original source: Hoping to put the brakes on an economy spiraling downhill and out of control, the House today passed (244-188) an $825 billion economic recovery package that could create or save as many as 4...
Read moreBusiness as usual? Federal Reserve keeps interest rates near zero
January 29, 2009Economic news worsened Wednesday as the House of Representatives voted on the stimulus package with the Federal Reserve Board’s Open Market Committee admitting that the “economy has weakened further. Industrial production, housing starts, and employment have...
Read more‘Country needs our help’ — progressives urged to rally around recovery plan
January 29, 2009WASHINGTON — With more people filing for unemployment than at any time in the past quarter century amid the worst financial crisis since the Great Depression, the head of a key center for labor and progressive...
Read moreHouse set to vote on economic stimulus package
January 29, 2009With over 75,000 layoffs announced earlier in the week, the House of Representatives is set to vote Wednesday on a $825 billion economic stimulus package, the American Recovery and Reinvestment Act, HR 1. The plan is...
Read moreClimate change: Obama signals end to era of denial
January 28, 2009WASHINGTON, Jan 26 (IPS) - Environmental activists have hailed the first moves by U.S. President Barack Obama to reduce the country's greenhouse gas emissions by setting tough new fuel efficiency and pollution standards for the country's...
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