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If you're inclined to believe Igor Panarin, and the Kremlin wouldn't mind if you did, then President Barack Obama will order martial law this year, the U.S. will split into six rump-states before 2011, and Russia and China will become the backbones of a new world order. ...more
March 4, 2009
It's a phrase flying liberally from the mouths of nightly news broadcasters and politicians alike: We're in the worst financial crisis since the Great Depression. ...more
March 1, 2009
In this city blanketed by hundreds of thousands of visitors, tight security and giddy celebration amid the winter cold, Barack Obama takes his historic oath of office today as the nation's 44th president. ...more
January 19, 2009
Under mounting pressure to act, the Bush administration said Friday it was ready to step in and prevent the U.S. auto industry from collapsing after the Senate refused to pass a rescue bill endorsed by the White House and congressional Democrats. The most obvious source of help was the Wall Street bailout fund. ...more
December 12, 2008
A $14 billion bailout for Detroit's struggling Big Three has died in the Senate after failing on a procedural vote. ...more
December 12, 2008
The rate of new cancer cases finally may be inching down - cautiously optimistic news but a gain that specialists worry could be derailed by economic turmoil. Death rates from cancer have been dropping slowly for years, thanks to earlier detection and better treatments. ...more
November 25, 2008
President-elect Barack Obama is likely to name Timothy Geithner, president of the New York Federal Reserve, as Treasury Secretary in a time of intense economic turmoil as he rounds out the upper echelon of his Cabinet, a senior Democratic official familiar with the deliberations said Friday. ...more
November 21, 2008
Harvard University is considering spending cuts because the economic slowdown may reduce federal grants and the school's substantial endowment, President Drew Faust said Monday. ...more
November 10, 2008
Government spending is growing at an astounding pace. Congress and the president have thrown hundreds of billions into stimulus packages, domestic programs, military spending and other initiatives. Total federal spending is growing at a 13.8 percent annual rate. ...more
November 1, 2008
News of economic turmoil bombards us at every turn these days. It may remind some elderly Americans of the fear that struck the nation at the start of the Great Depression. ...more
October 19, 2008
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