COLORADO SPRINGS, Colo. — His cash advantage threatened, President Barack Obama and his party are redoubling their fundraising efforts after robust hauls by Republican rival Mitt Romney and a slew of GOP-leaning super PACs that are raking in cash from the party faithful highly motivated to topple the Democrat.
WASHINGTON — Vice President Joe Biden says he’s “absolutely comfortable” with gay couples who marry getting the same civil rights and liberties as heterosexual couples, a stand that gay rights advocates interpreted as an endorsement of same-sex marriage.
COLUMBUS — Rick Santorum stole a key endorsement from chief rival Mitt Romney on Friday as polls in Ohio and elsewhere suggest the former Pennsylvania senator has seized the momentum in the rollercoaster Republican presidential contest.
WASHINGTON — Treasury Secretary Timothy Geithner told Congress Tuesday that the president’s new $3.8 trillion spending plan would impose new taxes on only 2 percent of the nation’s wealthiest families and the alternative would be to seek more painful cuts in other government programs such as defense, Social Security and Medicare.
President Obama was in Ohio this week, speaking in the Cleveland area about the state of the nation’s economy. He surprised reporters (and no doubt Congressional Republicans as well) when he announced that he was appointing former Ohio Attorney General Richard Cordray as head of the new federal consumer financial protection bureau.
TRENTON, N.J. — The number of new prescription drug shortages in 2011 shot up to 267, well above the prior record and about four times the number of medication shortages in the middle of the last decade.
COLUMBUS — Ohio’s unemployment rate saw its largest one-month decline in nearly 30 years during November amid improvement in the state’s job market and overall economy, and as thousands of the state’s jobless stopped searching for work, officials said Friday. Gov. John Kasich called the report “encouraging.”
In what now seems to be a weekly ritual, U.S. financial markets fluctuated throughout the past week based upon anticipated future economic and political developments. But as has become more and more common, it is not the potential outlook for our country that has memorized financial market participants, but rather that of the European Union’s 27 country confederation, or even more specifically, the euro-zone’s 17 member nations that utilize a common currency, the euro.