Investors Manage Rally After Week-Long Nosedive (New York, NY) -- Investors managed a rally today following a week-long nosedive. The upswing came on the heels of reports that Presdient-elect Barack Obama will nominate New York Federal Reserve President Timothy Geithner for Treasury Secretary...Read More
Governor Richardson Reported As Obama Pick For Commerce (Washington, DC) -- NBC News reports that President-elect Barack Obama will nominate New Mexico Governor Bill Richardson as Commerce Secretary. Current Commerce Secretary Carlos Gutierrez says Richardson is a good choice ...Read & Hear More
NY Fed Chief Reported To Be Obama's Treasury Pick (Washington, DC) -- NBC News reports that Timothy Geithner is in line to be President-elect Barack Obama's nominee as treasury secretary. The 47-year-old Geithner is president of the New York Federal Reserve ...Read More
Pelosi: Economic Recovery Will Highlight Agenda Next Year (Washington, DC) -- An economic recovery package will top the congressional agenda next year. Democratic House Speaker Nancy Pelosi made that vow in a Capitol news conference. The Democratic plan is expected to include middle class tax cuts and billions of dollars in new spending for jobs creation, primarily in construction ...Read & Hear More
Gas Prices Drop Below Two Dollars A Gallon (Undated) -- Gas prices have sunk to less than two-dollars a gallon for the first time in more than three-and-a-half years. CNN is reporting that the national average for unleaded dropped to slightly less than a-dollar-99 ...Read More
Republican Congressman: Auto Industry Should File Chapter 11 (Undated) -- Auto industry executives are being told to come up with a spending plan before they get any more money. House Speaker Nancy Pelosi says auto execs have to come up with a plan on how any loan money will be spent ...Read & Hear More
