President Barack Obama addressed a joint session of Congress, offering a broad outline of a massive spending plan paired with $2 trillion in spending cuts over the next decade. “Now…
The House and Senate reached agreement on a $789 billion economic-stimulus plan, which President Barack Obama is expected to sign into law despite a lack of support from Republicans.New York…
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 bombed Hamas targets in Gaza for three days, killing at least 300 people, 50 of them civilians, and blowing up a mosque and a television station. Palestinians seeking to…
An American cattleman. President George W. Bush announced a $13.4 billion bailout for General Motors and Chrysler. The bailout, which will make use of funds authorized by Congress in October…
Caught in the Web, 1860. Federal agents arrested hedge-fund manager Bernard Madoff and charged him with running a $50 billion Ponzi scheme, possibly the largest in Wall Street history. Madoff…
Doctors in Berlin announced that they had cured a man of AIDS by giving him transplanted blood stem cells from a donor naturally resistant to the virus; other researchers cautioned…
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…
Democrats were outvoting Republicans in all nine states that track the party affiliations of early voters, indicating a likely election victory for Barack Obama. George Mason University“It’s gonna get nasty,”…
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…