Category Archives: Recovery

‘Welcome home,’ Obama tells troops from Iraq

By doris | Published: December 14, 2011

Full Story at CNN.com (CNN) — President Barack Obama on Wednesday welcomed home returning troops from Iraq, hailing their service to help a people they didn’t know as an example of what makes America great. “As your commander in chief, and on behalf of a grateful nation, I’m proud to finally say these two words, [...]

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Romney says his plan ‘radically restructures the American economy’

By doris | Published: September 3, 2011

Full Story at First Read.msnbc.msn.com TAMPA — On a morning where job creation — or the lack of it — was the primary issue on the political spectrum, former Massachusetts Gov. Mitt Romney promised that his plan — not President Obama’s — would be the one to get Americans back to work. “My plan radically [...]

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Will the Budget Cut Deal Hurt the Economic Recovery?

By doris | Published: April 13, 2011

Full Story at CuriousCapitalist.blogs.time.com Most people seemed to agree that the narrowly avoided government shutdown would have hurt the economy. But the question is whether the budget deal struck to avert the shutdown will hurt the economy more than if Washington had just turned off the lights? The budget deal struck by President Obama and [...]

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Obama: U.S. ‘stands ready to help’ Japan

By doris | Published: March 12, 2011

Full Story at CNN.com Washington (CNN) — President Barack Obama said the United States “stands ready to help the Japanese people” slammed by a destructive tsunami. In a statement issued Friday, Obama said he instructed the Federal Emergency Management Agency to be prepared to help Hawaii and other U.S. regions “that could be affected” by [...]

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Recession officially ended in June 2009

By doris | Published: September 21, 2010

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The Great Recession ended in June 2009, according to the body charged with dating when economic downturns begin and end. But the news is little comfort to the millions of Americans still out of work, underwater on their mortgages or uncertain about the future. The National Bureau [...]

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Obama enlists Bush, Clinton to help on Haiti

By doris | Published: January 17, 2010

Full Story at msnbc.com WASHINGTON – President Barack Obama on Saturday enlisted the help of his two predecessors, George W. Bush and Bill Clinton, to lead a national drive to raise money for earthquake-ravaged Haiti. “By coming together in this way, these two leaders send an unmistakable message to the people of Haiti and to [...]

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Jobless claims fall to lowest level since January

By doris | Published: November 13, 2009

Full Story at msnbc.com WASHINGTON – Fewer people are claiming unemployment benefits — but still too many to signal that the economy is close to gaining jobs. First-time claims for jobless benefits dropped last week to a seasonally adjusted 502,000, the Labor Department said Thursday. That’s the fewest claims since the week ending Jan. 3, [...]

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The story behind Clinton’s trip to North Korea

By doris | Published: August 6, 2009

Full Story at CNN.com Laura Ling and Euna Lee arrived back in the United States Wednesday morning with former President Bill Clinton, who flew to North Korea to negotiate their release after they were sentenced to a labor camp. Iain Clayton said Wednesday that his wife, Laura, told him through a telephone conversation that the [...]

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Clinton cancels overseas travel due to injury

By doris | Published: June 23, 2009

Full Story At msnbc.com WASHINGTON – Secretary of State Hillary Rodham Clinton is canceling plans to attend international meetings in Italy and Greece this week as she recovers from surgery to repair a broken elbow. Clinton suffered the injury in a fall at the State Department last Wednesday. She had surgery on Friday. Deputy Secretary [...]

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Bank CEOs: We’ll work with Obama on crisis

By doris | Published: March 29, 2009

Full Story At msnbc.com WASHINGTON – Top executives of the nation’s biggest banks said Friday after meeting with President Barack Obama that they will work with the administration on its economic recovery plans, but want more specifics from the White House. Bankers said an administration proposal to jump-start lending, a problem at the heart of [...]

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