"Since the general civilization of mankind, I believe there are more instances of the abridgment of freedoms of the people by gradual and silent encroachment of those in power than by violent and sudden usurpations." - James Madison
Category archives for: Top Stories

Obama to tap Yellen for Fed vice chair: source

Obama to tap Yellen for Fed vice chair: source

WASHINGTON (Reuters) – U.S. President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday.

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Bank reform talks fail, Dodd to go solo

Bank reform talks fail, Dodd to go solo

WASHINGTON (Reuters) – Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, helping boost bank share prices and jeopardizing a top Obama administration priority.

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Chile lifts tsunami alert on coast after tremors

Chile lifts tsunami alert on coast after tremors

SANTIAGO (Reuters) – Chile’s navy lifted a tsunami warning for the country’s coast after strong aftershocks shook the capital Santiago on Thursday, following the swearing in ceremony for new President Sebastian Pinera.

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Chile maintains tsunami alert, no big waves yet

Chile maintains tsunami alert, no big waves yet

SANTIAGO (Reuters) – Strong aftershocks in Chile on Thursday have not so far caused a tsunami, but officials are maintaining an alert in some coastal regions, the country’s new Interior minister, Rodrigo Hinzpeter, told reporters.

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Financial reform deal fails, hopes for 2010 dim

Financial reform deal fails, hopes for 2010 dim

WASHINGTON (Reuters) – Chances of a broad overhaul of U.S. financial regulation this year dimmed on Thursday after bipartisan Senate talks collapsed.

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Tags: bipartisan senate, Top Stories

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