AP source: Geithner may depart after budget talks (AP)

Posted in on July 1st, 2011 by | | .

AP - A person familiar with his thinking says Treasury Secretary Timothy Geithner (GYT'-nur) is considering leaving the administration following the current round of budget negotiations.

Senate cancels July 4 recess to work on debt limit (AP)

Posted in on July 1st, 2011 by | | .

AP - The Senate canceled its planned July Fourth recess on Thursday, but partisan divisions remained razor sharp as the clock ticked on efforts to strike a deal to avoid a government default and trim huge federal deficits.

Bachmann says miscarriage shaped family priorities (AP)

Posted in michele bachmann, republican presidential nomination, family priorities, foster parent, congresswoman on June 30th, 2011 by | | .

AP - Michele Bachmann, the Minnesota congresswoman seeking the Republican presidential nomination, said Wednesday that a "devastating" miscarriage led her to become a foster parent to 23 children.

Minnesota braces for shutdown over budget impasse (AP)

Posted in gop lawmakers, budget impasse, government shutdown, democratic governor, standoff, fourth of july, state parks, shutter, brink, braces, gop, tens of thousands on June 30th, 2011 by | | .

AP - A bitter budget standoff sent Minnesota spiraling Thursday toward a wide-ranging government shutdown, threatening to shutter state parks on the brink of the Fourth of July weekend and lay off tens of thousands of workers if a deal isn't struck by midnight between the state's Democratic governor and GOP lawmakers.

NM fire poised to become largest in state history (AP)

Posted in on June 30th, 2011 by | | .

AP - With firefighters bracing for another day of strong, erratic winds, a wildfire near the nation's premier nuclear weapons laboratory and a northern New Mexico community was poised Thursday to become the largest in state history.

Greece passes austerity bill after trouble-free vote (Reuters)

Posted in on June 30th, 2011 by | | .

Reuters - The Greek parliament passed a second austerity bill Thursday, opening the way for the EU and IMF to release a 12 billion euro ($17 billion) loan installment which Athens urgently needs to stave off bankruptcy.

Prisoners could be released early for crack crimes (AP)

Posted in on June 30th, 2011 by | | .

AP - One in every 20 federal prisoners could be eligible for early release under a potential sentencing change to be voted on Thursday for inmates convicted of crack cocaine offenses.

Colbert gets some answers on campaign finance (AP)

Posted in on June 30th, 2011 by | | .

AP - The Federal Election Commission says comedian Stephen Colbert can use his TV show's resources to boost his political action committee. But he must publicly disclose some major expenses as in-kind contributions from the show's corporate owners.

Man grabs French leader Sarkozy, is detained (AP)

Posted in on June 30th, 2011 by | | .

AP - A man in a crowd grabbed French President Nicolas Sarkozy by the shoulder Thursday and nearly knocked him to the ground before being tackled by security officers and detained.

NM fire poised to be largest in state history (AP)

Posted in on June 30th, 2011 by | | .

AP - With firefighters bracing for another day of strong, erratic winds, a wildfire near the nation's premier nuclear weapons laboratory and a northern New Mexico community was poised Thursday to become the largest in state history.

Greece clears final hurdle to get bailout funds (AP)

Posted in on June 30th, 2011 by | | .

AP - Greece bought itself time to deal with its crippling debt crisis Thursday after lawmakers passed the second and final austerity bill essential for the release of crucial bailout funds and prevent the country from defaulting next month.

Senate to work next week on debt limit impasse (AP)

Posted in on June 30th, 2011 by | | .

AP - The Senate has abandoned plans for a July 4 break and instead will work next week as lawmakers race the clock in an attempt to strike a compromise on avoiding a government default and reducing mammoth federal deficits.

Jihadist web forum knocked off Internet (AP)

Posted in on June 30th, 2011 by | | .

AP - A popular jihadist Internet forum has been knocked off the Internet, and counterterrorism experts say it appears it was hacked.

Census: Fewer black children in biggest US cities (AP)

Posted in on June 30th, 2011 by | | .

AP - A catastrophic flood emptied New Orleans of much of its black youth. Powerful social forces may be doing a similar thing to places like Harlem and Chicago's South Side.

Investors stay cautious as H2 starts: Reuters poll (Reuters)

Posted in on June 30th, 2011 by | | .

Reuters - LONDON (Reuters)- Investors have become a little more upbeat heading into the second half of the year, lifting stock allocations from 2011 lows but remaining cautious with plenty of safe-haven cash and bonds.