Barack Hussein Obama was sworn in as the forty-fourth president of the United States.NY TimesIn his inaugural remarks, President Obama attributed many of the nation’s problems to a “collective failure…
Israel and Hamas agreed to a one-week ceasefire in Gaza, where Gazan officials estimated that 1,300 Palestinians had died.Hamas Agrees to One-Week Cease-Fire in Gaza Conflict“My grandmother was ill in…
Israel extended its occupation of the Gaza strip, sending in ground forces and cutting the territory in two. Hamas fired 32 missiles at Israel. The Palestinian health ministry reported that…
The Labor Department reported that 533,000 people lost their jobs in November, a further 621,000 people were forced into part-time employment, and 422,000 more simply dropped out of the labor…
An American cattleman. Gunmen terrorizedMumbai for more than two days, killing at least 180 people during attacks at a train station, a restaurant, two five-star hotels, a movie theater, a…
Barack Obama was elected the 44th president, and first African-American president, of the United States, receiving 365 electoral votes in an election that saw perhaps the highest turnout among registered…
An American cattleman. On the 79th anniversary of the stock market crash of 1929, the Dow fell 312.3 points, closing below 8400. Chrysler announced that it would cut 25 percent…
The world economy continued its collapse. The Dow Jones Industrial Average declined 22 percent over eight days, Wall Street lost $2.4 trillion in market value, and Iceland went bankrupt.CNNBusiness WeekThe…
A Christian martyr. The Dow Jones Industrial Average fell 777 points in one day after the House of Representatives failed to pass a Wall Street bailout plan, first put forth…
Stocks on Wall Street and other exchanges throughout the world dropped as brokerage Merrill Lynch was bought by Bank of America, insurance giant AIG sought tens of billions of dollars…
The Treasury Department seized control of mortgage and loan giants Fannie Mae and Freddie Mac, firing the companies’ chief executives and promising to provide as much as $200 billion to…