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Weekly Review

Twenty U.S. soldiers were killed last week fighting across Iraq, and 1,300 Iraqi officers and soldiers were fired for poor performance. The Bush Administration said it was optimistic that many…

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Weekly Review

Caught in the Web, 1860. Iraqi Prime Minister Nouri al-Maliki ordered an offensive against the Mahdi Army, a large Shia militia allied with cleric Moqtada al-Sadr, in the oil-rich southern…

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Weekly Review

With the assistance of the Federal Reserve, JPMorgan Chase acquired its rival Bear Stearns for $236.2 million, or $2 a share, about 1 percent of the bank’s value two weeks…

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Weekly Review

Kosovo, in a move supported by the United States and strongly opposed by Russia, declared its independence from Serbia. NATO sealed Kosovo’s northern border, and Serbians looted designer clothes, shoes,…

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Weekly Review

President George W. Bush unveiled a $3.1 trillion spending package that would increase military funding while protecting tax cuts,Bush Unveils $3.1 Trillion Spending Planand Wal-Mart announced an economic “stimulus plan”…

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Weekly Review

President George W. Bush called for $145 billion in tax cuts, describing the measures as a “shot in the arm” for the U.S. economy, which caused stock values to plunge…

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