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Federal Reserve Chairman Ben Bernanke says he’s “fundamentally optimistic†about the nation’s economy, expressing confidence that the U.S. will pull itself out of its current financial rut during an address Tuesday at Morehouse College in Atlanta.
President Barack Obama today took center stage to provide a status report on measures his administration has taken to deal with the nation’s fragile economy. The speech was filled with...
THE PRESIDENT: Thank you so much. (Applause.) It’s good to be back. Thank you so much. Please, everybody be seated. (Applause.) Well, to President DeGioia, thank you so much for...
Ricky Stith is doing some major belt tightening. Like many Americans, the 49-year-old information technology professional is examining his own situation in light of the economy. Stith is correcting financial missteps he made earlier in life, while adhering to a strict regimen of effective money management. He says the tough economy is forcing him to delay purchases and cut back unnecessary spending. At the same time, the Washington, D.C., resident is adamant about saving 10% of his monthly income.
President Barack Obama announced a virtual records system Thursday that should ease delays in healthcare for wounded veterans. The electronic record keeping system, will handle service members' administrative and medical records from the day they enter service. Those files will be transferred to the Department of Veterans Affairs when they leave active duty.
