Articles About President Barack Obama
- Author:
- James I. Clark III
- Posted:
- 10.24.2011
Federal Reserve Asks for Comments Before Implementing the Volcker Rule
Federal regulators have requested public comment on the Volcker Rule — the Dodd-Frank Act restrictions that would ban American banks from making short-term trades of financial instruments for their own accounts and prevent them from owning or sponsoring hedge funds and private-equity funds. The Volcker rule, released by the Federal Reserve, the Federal Deposit Insurance […]
- Author:
- Tom Silva
- Posted:
- 10.10.2011
Visionary Apple CEO Steve Jobs Dies at Age 56
Apple’s iconic co-founder and CEO Steve Jobs, who altered the habits of millions by reinventing computing, music and mobile phones, has died at the age of 56. With Jobs’ passing, Apple has lost a visionary leader who inspired personal computing and products such as the iPod, iPhone and iPad. These innovations made Jobs one of his […]
- Author:
- James I. Clark III
- Posted:
- 09.14.2011
S&P Downgrade Costs Investors $1 Trillion
Shareholders in American companies can blame Standard & Poor’s for taking $1 trillion of their money after the rating firm downgraded Treasury securities for the first time in American history to AA+ from AAA. Now, some of the most experienced investors say the stock market losses make no sense. While the benchmark index for U.S. […]
- Author:
- Tom Silva
- Posted:
- 09.01.2011
Fitch Ratings Reaffirms U.S. Creditworthiness as AAA
Former Federal Reserve chairman Alan Greenspan says that Italy is the root of most of Europe’s economic problems, as well as our own. In a recent appearance on “Meet the Press”, “It depends on Europe, not the United States,” Greenspan said. “The United States was actually doing relatively well, sluggish but going forward until Italy ran […]
- Author:
- Mike Ochs
- Posted:
- 08.17.2011
One Solution to Rundown Foreclosed Houses? Bulldoze Them
Several banks have found a new solution to the glut of foreclosed houses – many of them in poor condition. It’s the bulldozer. Bank of America (BoA) owns a glut of abandoned houses that no one wants to purchase. As a result, the nation’s largest mortgage servicer is bulldozing some of its most uninhabitable inventory. Additionally, […]
- Author:
- Mark McDowell
- Posted:
- 08.16.2011
President Obama Proposes Significant Increase in CAFE Standards
President Barack Obama and the nation’s predominant automakers have agreed to increase new vehicles’ fuel mileage. The major way to accomplish this is to reduce the size of vehicles. By 2025, the Corporate Average Fuel Economy (CAFE) must be 55.4 mpg for cars. That’s up from the 2009 Obama mandate of 35.5 mpg by 2016. […]
- Author:
- Tom Silva
- Posted:
- 06.30.2011
Blagojevich Verdict: Guilty on 17 of 20 Counts
Disgraced former Illinois governor Rod Blagojevich was found guilty of 17 of 20 corruption counts against him, the majority for attempting to sell newly elected President Barack Obama’s Senate seat to the highest bidder. After leaving the federal courthouse in downtown Chicago, Blagojevich said “Patti and I are obviously very disappointed. I frankly am stunned.” […]
- Author:
- Tom Silva
- Posted:
- 06.20.2011
As Global Oil Consumption – and Prices – Rise, OPEC Rejects Increased Production
As gas prices seesaw up and down at the pump and Americans reluctantly pay more to fill their tanks as the economy slows, OPEC (the Organization of Petroleum Exporting States) could not agree on whether or not to increase production and provide some relief. The two key factors are Saudi Arabia and Iran. At an […]
- Author:
- Tom Silva
- Posted:
- 05.23.2011
Will Anyone Collect Osama bin Laden’s $50 Million Bounty?
Now that the nearly 10-year-long manhunt for Osama bin Laden has ended, the question remains of what to do with the $50 million reward on the Al Qaeda leader? New York Representatives Anthony Weiner and Jerry Nadler have introduced a bill in Congress that would direct the money to groups that have helped those affected […]
- Author:
- Tom Silva
- Posted:
- 05.16.2011
What Rock Band, U2, Can Teach You About Building a Corporate Culture
The Grammy Award-winning Irish rock band U2 is an excellent case history in how to create a powerful culture of connection. This is the opinion of Michael Lee Stallard and Jason Pankau, partners in E Pluribus Partners, the world’s leading experts on how rational and emotional connections can boost productivity, innovation and organizational performance in […]