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Obama Delays Asia Trip To Press For Health Care Bill
The White House said his trip would be pushed back to March 21, with the president returning on March 26. Earlier, White House press secretary Robert Gibbs had insisted that Congress needed to act on health care by March 18 — Obama's original departure date.
Repo 105: Lehman's 'Accounting Gimmick' Explained
As the financial crisis grew in 2007 and 2008, the now-defunct banking giant knew it needed to reduce its reliance on borrowed money. But it was a bad time to sell stuff off and pay back debts. So Lehman Brothers made special use of something called the repo market.
Black Leaders Ask: Where's Our President?
From President Obama on down, a new wave of black politicians who eschew identity politics has risen across the country. But that has many in the black community feeling that a historic opportunity to address urban issues is slipping away.
Obama Considers Janet Yellen For No. 2 Fed Post
President Obama intends to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, a person familiar with the selection says. She served as a top economic adviser to President Clinton.
Kids More Apt To Abuse Household Products Than Pot
By age 12, 6.9 percent of kids have gotten high by sniffing common chemicals around the house, compared with just 1.4 percent having tried marijuana, government data show.
Tiger Woods May Make A Masters-ful Return To Golf
Reports swirl that Tiger Woods may return to golf for the Masters Tournament.
Retail Sales Take A Surprising Turn In February
The Commerce Department said retail sales rose 0.3 percent last month — surpassing expectations that sales would decline by 0.2 percent — as consumers did not let major snowstorms stop them from storming the malls.
Israel Seals Off West Bank After Clashes
The action prevents Palestinians from entering Israel because of fears of unrest following recent protests. The closure began at midnight Thursday and will end at midnight Saturday.
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