by Audrey Cheng | Jan 20, 2013 | Business
The Presidential Inaugural Committee drastically cut down the number of balls this year since President Barack Obama’s last inauguration, and one of the ones to go was the Youth Ball. So entrepreneur and Millennial Trains Project Founder Patrick Dowd decided to...
by Marshall Cohen | Jan 16, 2013 | Business, Politics
Rep. Jerrold Nadler, D-N.Y., and Rep. Jan Schakowsky, D-Ill., prepare to announce a new bill that would eliminate the federal debt ceiling. (Kimberly Railey/Medill)Rep. Jim Moran, D-Va., says the debt ceiling, now set at $16.4 trillion, was once a “mere...
by Fritz T. Burgher | Jan 16, 2013 | Business, Politics
WASHINGTON – Although certainly a smaller scale, tens of thousands of Americans have descended upon the nation’s capital to observe the beginning of President Obama’s second term. Members of the media met with a number of inauguration organizers on Wednesday to...
by Marshall Cohen | Jan 16, 2013 | Business, Politics
WASHINGTON — The House of Representatives approved $51 billion in federal aid for Superstorm Sandy victims Tuesday after hours of debate and weeks of pressure from Northeast lawmakers. The bill was passed 241-180, relying on strong Democratic support and 45 Republican...
by Fritz T. Burgher | Jan 15, 2013 | Business
WASHINGTON – The Commerce Department’s advance estimates for retail and food service sales released Tuesday showed better than expected growth and a steadily improving economy, with sales of $415.7 billion, an increase of 0.5 percent from November and up 4.7 percent...
by Summer Delaney | Jan 15, 2013 | Business
WASHINGTON – A new poll of 600 small business owners shows they are pessimistic about job growth this year and disappointed that the federal government hasn’t done more to cut their taxes, officials of the Job Creators Alliance said Tuesday. The alliance, a group of...
by Fritz T. Burgher | Jan 9, 2013 | Business, Politics
WASHINGTON — Leaders of the National Governors Association urged Congress on Wednesday to clear the air of uncertainty and swiftly deal with the nation’s looming fiscal issues. Delaware Gov. Jack Markell and Oklahoma Gov. Mary Fallin delivered the NGA’s first-ever...
by Shirley Li | Mar 13, 2012 | Business
WASHINGTON – After creating Cleencups, an antibacterial disposable drinking cup, full-time inventor Yvette Kendall was invited to participate in a show the Discovery Channel is developing on women inventors. When Kendall arrived on set, she was shocked to see the...
by Ben Kamisar | Mar 13, 2012 | Business
WASHINGTON — Continuing the administration’s push to challenge China’s trading tactics, President Barack Obama announced Tuesday that the United States will file a trade complaint against the world’s largest country. “Our competitors should be on...
by Mattias Gugel | Mar 13, 2012 | Business, Education
WASHINGTON — With manufacturing jobs opening up in American cities, President Barack Obama has turned to community colleges to bring new workers up to speed , despite the government’s record of inefficiency in its job retraining efforts. Obama’s latest attempt at...
by Ben Kamisar | Mar 1, 2012 | Business
WASHINGTON— President Obama’s corporate tax reform policy touting relief for the corporate and manufacturing sectors is taking a hit for failing to do just that. Critics in the business community fear the promised tax reductions for manufacturers, research and...
by Shirley Li | Feb 29, 2012 | Business, Politics
AUDIO: Democratic lawmakers rally members of the National Treasury Employees Union. (Shirley Li/Medill) WASHINGTON – Moving indoors to escape the heavy Washington rain didn’t dampen the enthusiasm of the National Treasury Employees Union Wednesday. Members...
