President Obama's job approval score sank to nearly 40 percent this week in the midst of a budget and debt-limit crisis that threatens to further weaken our economy and America's future.
Horror stories are flying about the damage that might be wreaked should Congress and President Obama fail to cut a deal by the Aug. 2 deadline to increase America's borrowing limit. Nearly every American is in harm's way, either directly or indirectly.
Sheila Bair, a key government official during the 2008 financial crisis, has a book deal.
Guest lineups for the Sunday TV news shows:
Guest lineups for the Sunday TV news shows:
President Barack Obama is renewing an old fight with the business community by insisting that $400 billion in tax increases be part of a deficit-reduction package. His proposals have languished on Capitol Hill, repeatedly blocked by Republicans, often with help from Democrats.
French Finance Minister Christine Lagarde has been chosen to lead the International Monetary Fund. She will become the first female managing director of the global lending organization.
Dominique Strauss-Kahn remained jailed under a suicide watch Wednesday as a lawyer for the woman sought to rebut whispered allegations that her charges were a conspiracy and a setup.
A bounce back in materials and financial companies erased early losses in the stock market Monday.
