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Welcome to the Polical News News Network
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Economic recovery likely not quite that energetic
18 hours ago

washingtonpost.com - Personal Finance: WASHINGTON -- Remember the economy's return to growth last quarter? Well, it probably wasn't as energetic as first thought. . (Read More)
Topics: economic, economy
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CBS Catches Up with Conservatives and Realizes Obama Has 'Credibility' Problem
16 hours ago

NewsBusters.org - Exposing Liberal Media Bias: Long after conservatives and the American people figured it out, CBS on Monday night came to the realization President Barack Obama has a “credibility” problem fueled by the “disconnect” between Obama's promise to reduce the deficit as he pushes for massive new spending. Back in August, the CBS Evening News denigrated the t (Read More)
Topics: economy, jobs, president
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Economic growth revised downward
12 hours ago

washingtonpost.com - U.S. Economy: The economy grew more slowly than first thought this summer, according to a revision of third quarter data on gross domestic product released Tuesday, suggesting that the recovery started with less of a bang than originally reported. . (Read More)
Topics: economic, economy
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Video: Risk Appetite Rises On Economic Data
7 hours ago

New York Financial Press: 11/24/09 Risk appetite was on the rise this session following a slide in home prices and news of the economy expanding at a slower place. (Read More)
Topics: Risk, economic, economy
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A Tale of Two Quagmires
2 hours ago

Crooks and Liars: Gordon at Alternative Brain reads an on-line article about Bill Moyers and agrees:The Nation talks about a show I watched last Friday evening of LBJ's taped phone conversations and Bill Moyers' commentary. Highly recommended as a history lesson. And a warning.One point of the program, he explained, was to offer viewers "an (Read More)
Topics: government, change, president
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Why Are We Kowtowing to the Chinese Government?
6 hours ago

The Moderate Voice: Why are we kowtowing to the Chinese Government? Why are we treating this overpopulated two-tier perverted ruthless dictatorship with a distorted mercantile-capitalistic system so nicely? What have they done for us in return to merit such respect? They don’t deserve special treatment because they have a long history, nice (Read More)
Topics: government, economy
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Obama Welcomes Manmohan Singh, Indian PM, At Start Of State Visit
9 hours ago

The Huffington Post | Full News Feed: SCROLL DOWN FOR VIDEOWASHINGTON (AP) � President Barack Obama showered praise on India and Prime Minister Manmohan Singh in an elaborate welcoming ceremony Tuesday, declaring it was only fitting the Indian leader should be the first state visitor of his administration.Obama said the United States and India share the "bold e (Read More)
Topics: Obama administration, change, economic
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Land Mine Treaty Won't Be Signed By Obama Administration
4 hours ago

The Huffington Post | Full News Feed: WASHINGTON — The Obama administration has decided not to sign an international treaty banning land mines.State Department spokesman Ian Kelly says the administration recently completed a review and decided not to change the Bush-era policy. More than 150 countries have agreed to the Mine Ban Treaty's provisions to en (Read More)
Topics: Obama administration, change
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Beware the Result of Outrage
18 hours ago

New York Times: A bill to reform the financial industry is making its way around the House, its amendments intended to help quiet some of the outrage over the bailout, but they may come with unintended consequences, The New York Times's Andrew Ross Sorkin writes in his latest DealBook column. (Read More)
Topics: financial, New York Times
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South Africa's economy grows 0.9% in third quarter
15 hours ago

Wall Street Journal: FRANKFURT (MarketWatch) -- South Africa's gross domestic product grew by an annualized rate of 0.9% in the third quarter compared with the preceding quarter, Statistics South Africa reported on Tuesday. That was above analyst forecasts for 0.5% growth. The rebound comes after the economy contracted by 7.4% and 2.8% respecti (Read More)
Topics: economy, government, market
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Prudential lifted to outperform by Wells Fargo
13 hours ago

Wall Street Journal: LONDON (MarketWatch) -- Prudential Financial was upped to outperform from market perform by Wells Fargo, as the broker said the insurer is emerging from the financial crisis better capitalized and with a higher degree of financial flexibility than many of its peers. "Prudential looks much as it did prior to the financial c (Read More)
Topics: Crisis, financial, financial crisis
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Third-Quarter U.S. Growth Revised Lower
12 hours ago

New York Times: The government said the economy grew at a 2.8 percent pace, instead of the 3.5 percent growth rate it estimated a month ago. . (Read More)
Topics: economy, government
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Barbara R. Arnwine: Navigating the Jobs Crisis: Race to the Unemployment Line
11 hours ago

Huffington Post: As part of the Roosevelt Institute's 10-part series on the Jobs Crisis, running on the New Deal 2.0 blog from Nov. 12-25, I was asked to reflect on what can be done to get Americans working again. Here's my take.As the economy continues its long road to recovery, we must be wary of the policies implemented along the trek. R (Read More)
Topics: Crisis, economy, jobs
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Market Snapshot: U.S. stocks rattled by fresh financial worries
11 hours ago

Wall Street Journal: U.S. stocks open lower Tuesday, led by the energy and financial sectors as crude-oil futures fell and worries about the financial sector increased after China's banking regulator warned the nation's lenders to strictly comply with capital requirements or face sanctions. (Read More)
Topics: financial, market
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Financial Stocks: Financials off on broader economic gloom
10 hours ago

Wall Street Journal: Financial stocks trade slightly lower as a lack of corporate news and the approaching Thanksgiving holiday cap moves in the sector. . (Read More)
Topics: financial, economic
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