President-elect Barack Obama intends to name Timothy Geithner, president of the New York Federal Reserve, as his treasury secretary to confront the nation's intense economic turmoil, senior Democratic officials said Friday. The stock market soared on the news. Word of Geithner's likely selection ...
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OAKLAND, Calif. (AP) _ The Golden State Warriors traded disgruntled forward Al Harrington to the Knicks for guard Jamal Crawford on Friday in a swap that addresses both the Warriors' injury problems and New York's salary cap concerns. "I drafted Al back in 1998, and I think his talents are a great ...
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George Bush, the US president, is due to attend an Asia-Pacifc summit in Lima, Peru in a bid to seek support for global financial reform and hold talks on North Korea's nuclear programme. Bush's attendance at the Asia Pacific Economic Co-operation (Apec) marks his last scheduled trip abroad as US ...
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WASHINGTON — Attorney General Michael Mukasey collapsed Thursday evening while delivering a speech to a prominent legal group and was rushed to George Washington University Hospital. "The attorney general is conscious, conversant and alert," Justice Department spokesman Peter Carr said after ...
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NEW YORK, NY November 21, 2008 —US stocks rallied today on word that president-elect Barack Obama has picked Tim Geitner, president of the Federal Reserve Bank of New York, to be treasury chief. But more ominous signs from Citigroup are keeping the financial mood sour, certainly here in New York ...
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WASHINGTON -- With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach. Bush signed an extension of jobless benefits into law just before 8 a.m., as he was ...
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Filed under: Earnings reports , Deals , Dell (DELL) , Ford Motor (F) , General Motors (GM) , Citigroup Inc. (C) , Sprint Nextel Corp (S) , Federal Natl Mtge (FNM) , Gap Inc (GPS) , salesforce.com inc (CRM) Citigroup Inc. (NYSE: C ) shares jumped over 12.5% in pre-market trade (7:34 am) after the The ...
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