President Barack Obama nominated Sonia Sotomayor, a Bronx-born, divorced, childless, diabetic, Hispanic federal judge on the U.S Court of Appeals for the Second Circuit, to replace Justice David Souter on…
An American cattleman. The U.S. Bureau of Labor Statistics announced that 651,000 jobs were lost in February (making it the third straight month in which more than 650,000 jobs have…
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…
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…
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…
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…