UPI Related News
WASHINGTON, July 22 (UPI) -- Despite overheated rhetoric from his defenders, history will not prove kind to George W. Bush and his foreign policy decisions that have been or will prove to be debacles. The Obama administration is quite right to argue repeatedly that the Bush team left behind a foreign policy mess exacerbated by economic and financial meltdowns. However, unless it is lucky or changes direction dramatically, Barack Obama is likely to prove as debacle-prone in his domestic economic policies as Bush was in foreign policy.
NEW YORK, July 21 (UPI) -- U.S. stock indexes pushed higher late Tuesday after slipping when Federal Reserve Chairman Ben Bernanke said the economy was too weak to raise interest rates.
NEW YORK, July 20 (UPI) -- U.S. stock indexes closed up Monday on earnings optimism, bullish analyst calls and news of a deal to keep lender CIT Group Inc. afloat.
UPI Almanac for Monday, July 20, 2009.
Markets rise Thursday
NEW YORK, July 16 (UPI) -- U.S. markets made late gains Thursday, completing a streak of four days with positive numbers.
Paulson chastised over Merrill Lynch deal
WASHINGTON, July 16 (UPI) -- Congressional leaders chastised former U.S. Treasury Secretary Henry Paulson Jr. for his role in pressuring Bank of America to purchase Merrill Lynch.
U.S. markets went from jittery to buoyant this week, given a shot in the arm by giant chip producer Intel with sales exceeding $8 billion in the second quarter.
Paulson defends pressuring bank
WASHINGTON, July 15 (UPI) -- Ex-U.S. Treasury Secretary Henry Paulson plans to defend allegedly threatening Bank of America to keep its acquisition of Merrill Lynch on track, ABC News says.
NEW YORK, July 15 (UPI) -- A two-year investigation involving former U.S. Treasury consultant Steve Rattner has reached discussion of a settlement, a source close to the case said.
The U.S. Treasury is preparing to draw a line in the sand on two issues that could draw political heat and naturally have financial ramifications.
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