Retail sales up slightly

Retail sales up slightly

Sales at U.S. retailers rose slightly less than expected in December, while underlying inflation remained tame, suggesting the recovery was strengthening modestly with little price pressure building. A separate report on Friday showed a surprisingly large gain of 0.8 percent in output at the nation’s factories, mines and utilities in December, but cold weather was […]

Can DeLay play Texas law to his advatage?

Can DeLay play Texas law to his advatage?

The Texas money laundering law is usually associated with drug dealers or white collar criminals, and Tom DeLay‘s defense attorneys say they will try to keep the former U.S. House majority leader out of prison with an appeal that focuses largely on questions about whether the law was ever intended to apply to election violations. […]

Obama to the nation: ‘We can be better than this’

Obama to the nation: ‘We can be better than this’

Summoning the soul of a nation, President Barack Obama on Wednesday implored Americans to honor those slain and injured in the Arizona shootings by becoming better people, telling a polarized citizenry that it is time to talk with each other “in a way that heals, not in a way that wounds.” Following a hospital bedside […]

Another gun law would not have saved those in Tucson

Another gun law would not have saved those in Tucson

A deranged man in Arizona loads 34 9 mm bullets into an expanded magazine of a Glock 19 semi-automatic pistol and opens fire in a Safeway parking lot, killing six — including a judge and a nine-year-old girl and seriously wounding a Congresswoman.  America goes crazy. Time to ban guns, the reactionaries say. Time to […]

Can Obama get his mojo back?

Can Obama get his mojo back?

He promised change, and he looked the part. No longer. The Barack Obama of 2011 is a chief executive who confronts enormous challenges, chief among them the economy, as he starts building a re-election campaign far different from the juggernaut of optimism and trajectory that vaulted him to the White House. He’s the incumbent facing […]

Could be the worst winter the South ever thaw

Could be the worst winter the South ever thaw

It could be days before icy, treacherous conditions improve for areas of the South hit by a wintry blast that sent cars sliding off the road, emptied grocery shelves and had officials nervously watching ice-laden powerlines and tree limbs. Meanwhile, New York City was about to confront its third snowstorm in less than three weeks, […]

Consumers still strugglig to pay loans

Consumers still strugglig to pay loans

U.S. consumers continue to struggle to pay back home equity, auto and other loans as high unemployment drags on the economy. The American Bankers Association said in a report released on Tuesday that the overall loan delinquency rate ticked up slightly for the second straight quarter. It had been dropping steadily since hitting 3.35 percent […]

Boehner: Shootings won’t sway GOP agenda

Boehner: Shootings won’t sway GOP agenda

House Speaker John Boehner says that the shooting of an Arizona congresswoman won’t stop representatives in Washington from their duties. In a brief statement Sunday morning, the newly sworn speaker said flags on the House side of the Capitol in Washington will be flown at half staff to honor Rep. Gabrielle Giffords’ slain aide, Gabe […]

Tom DeLay gets three years in prison

Tom DeLay gets three years in prison

A judge ordered former U.S. House Majority Leader Tom DeLay to serve three years in prison Monday for his role in a scheme to illegally funnel corporate money to Texas candidates in 2002. The sentence comes after a jury in November convicted DeLay on charges of money laundering and conspiracy to commit money laundering. The […]