The Earth is the Lord's,
and the fulness thereof;
Christ.com: Contents
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Lord of Hosts

Business News

Washington Post:Economy
Our news section is a collection of mostly unfiltered and g-rated news links, with both Christian and secular authors. We are linking to several news feeds, with each news provider supplying their own view of the world. The views range politically from the New York Times on the left (far left?), to the World Net Daily, which leans toward the right, so politically we have the far left to the far right represented here...

Most "news feeds" from news providers (like the Washington Post) require that the feed be published without editing, so we do not have the ability to accept or reject specific news items. When we do carry a "news feed" from a specific news provider, we do not filter the news links, so (as usual, and often said) "We do not necessarily agree with the views, opinions, morals, politic party, denomination, or expression of spiritual gift." This is a general mix of Christian and secular links, with both highlights and lowlights.

My prayer is that Christ would be glorified by the political discussion on issues that relate to God's people. It is clear that He is indeed glorified through our debate on issues like abortion, faith in public places, and other hot button issues for the Church.

To close this message, we would like to offer this prayer: Father, we thank You and praise You for the ability to read and hear the news around the world. Help us Lord to understand the news, and teach us how to respond to events in the news according to your will (e.g. leave a donation at your local Bible believing Church, volunteer at food bank...). Help us to grow in faith, as we read, hear, and see news that challenges our beliefs. Help us to use these tests as a means of spiritual growth as we study Your Word. And bring peace to the world, Lord, which we know is coming through You. We ask this in the name of Your Son Jesus Christ. Amen.



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Bible Out of Context

Random Quotes from the Bible

Therefore if any man be in Christ, he is a new creature: old things are passed away; behold, all things are become new.
KJV: 2 Corinthians 5:17

Therefore if anyone is in Christ, he is a new creature; the old things passed away; behold, new things have come.
NASB: 2 Corinthians 5:17

Therefore, if anyone is in Christ, he is a new creation; the old has gone, the new has come!
NIV: 2 Corinthians 5:17



...Random blessings from the Word of God...

Put His Word in the context of your life!

www.Christ.com







A Reader's Greek New Testament (Leather Bound) by Richard J. Goodrich, Albert L. Lukaszewski



Christology: A Biblical, Historical, and Systematic Study of Jesus Christ (Paperback) by Gerald O'Collins





Bible Out of Context

Random Quotes from the Bible

If ye love me, keep my commandments.
KJV: John 14:15

"If you love Me, you will keep My commandments.
NASB: John 14:15

"If you love me, you will obey what I command.
NIV: John 14:15



...Random blessings from the Word of God...

Put His Word in the context of your life!

www.Christ.com







Whatever Happened to the Gospel of Grace: Recovering the Doctrines That Shook the World (Hardcover) by James Montgomery Boice, Eric J. Alexander (Foreword)



Systematic Theology: God Creation (Vol. 2) (Hardcover) by Norman L. Geisler





Bible Out of Context

Random Quotes from the Bible

Therefore if any man be in Christ, he is a new creature: old things are passed away; behold, all things are become new.
KJV: 2 Corinthians 5:17

Therefore if anyone is in Christ, he is a new creature; the old things passed away; behold, new things have come.
NASB: 2 Corinthians 5:17

Therefore, if anyone is in Christ, he is a new creation; the old has gone, the new has come!
NIV: 2 Corinthians 5:17



...Random blessings from the Word of God...

Put His Word in the context of your life!

www.Christ.com







The End Times Controversy: The Second Coming Under Attack (Tim Lahaye Prophecy Library) (Paperback) by Tim F. LaHaye (Editor), Thomas Ice (Editor)



The Gospel According to John: An Introduction and Commentary (Pillar New Testament Commentary) (Hardcover) by Donald A. Carson





Bible Out of Context

Random Quotes from the Bible

Repent ye therefore, and be converted, that your sins may be blotted out, when the times of refreshing shall come from the presence of the Lord.
KJV: Acts 3:19

"Therefore repent and return, so that your sins may be wiped away, in order that times of refreshing may come from the presence of the Lord;
NASB: Acts 3:19

Repent, then, and turn to God, so that your sins may be wiped out, that times of refreshing may come from the Lord,
NIV: Acts 3:19



...Random blessings from the Word of God...

Put His Word in the context of your life!

www.Christ.com







20 Questions Jehovah's Witnesses Cannot Answer (Hardcover) by Charles Love



Jehovah's Witnesses (Paperback) by Robert M. Bowman Jr., Dr. Alan W. Gomes (Series Editor)



Washington Post: Economy

Wash Post U.S. Economy

washingtonpost.com

  • US-BUSINESS Summary (Mon, 08 Feb 2010 16:44:36 EST)
    Dow closes below 10,000 on euro zone debt woes NEW YORK (Reuters) - The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles. Bank of America shares lost more...


  • Fed's Bullard: May see asset sales late 2010 (Mon, 08 Feb 2010 13:43:03 EST)
    WASHINGTON (Reuters) - The Federal Reserve could sell off some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday.


  • US-BUSINESS Summary (Mon, 08 Feb 2010 02:35:15 EST)
    Recovery, debt woes to hound NEW YORK (Reuters) - U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery's pace persist and fears linger over Europe's sovereign debt woes. Investors worry that the debt problems will hinder...


  • Geithner: No double-dip slump but recovery slow (Sun, 07 Feb 2010 16:13:54 EST)
    WASHINGTON (Reuters) - The risk the economy will slip back into recession is lower now than at any time in the past year, Treasury Secretary Timothy Geithner said on Sunday, while conceding that recovery will be slow and uneven.



  • Trade tensions flare as recovery fades (Sun, 07 Feb 2010 15:02:53 EST)
    WASHINGTON (Reuters) - Trade tensions are starting to flare as the pace of the global economic revival shows signs of slowing.


  • Recovery, debt woes to hound (Sun, 07 Feb 2010 12:34:38 EST)
    NEW YORK (Reuters) - U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery's pace persist and fears linger over Europe's sovereign debt woes.


  • US-BUSINESS Summary (Sat, 06 Feb 2010 23:45:04 EST)
    Recovery, debt woes to hound stocks NEW YORK (Reuters) - Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe's sovereign debt woes rattle sentiment. Investors worry that the debt...


  • Drop in unemployment rate shows signs of an economic reprieve (Sat, 06 Feb 2010 00:00:00 EST)
    A surprising dip in the unemployment rate for January offers promise that the job market is finally stabilizing after a long, steep decline.



  • US-POLITICS Summary (Fri, 05 Feb 2010 20:40:19 EST)
    Illinois Democrats no cure for what ails Obama CHICAGO (Reuters) - Still reeling from the loss of the late Edward Kennedy's Senate seat to Republicans in Massachusetts, Barack Obama's Democrats now face the prospect of losing the president's old Senate seat in Illinois. The Democratic candidate...


  • US-BUSINESS Summary (Fri, 05 Feb 2010 20:03:15 EST)
    Wall Street cuts losses, closes up with techs, materials


  • Jobless rate hits 5-month low but payrolls fall (Fri, 05 Feb 2010 20:03:12 EST)
    WASHINGTON (Reuters) - The U.S. unemployment rate surprisingly fell to a five-month low of 9.7 percent in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs.


  • Jobless rate hits 5-month low but payrolls fall (Fri, 05 Feb 2010 20:03:12 EST)
    WASHINGTON (Reuters) - The U.S. unemployment rate surprisingly fell to a five-month low of 9.7 percent in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs.



  • Stocks pull out of slump but end week lower (Fri, 05 Feb 2010 18:17:26 EST)
    NEW YORK -- A battered stock market recovered from a sharp drop in late trading Friday but still posted its fourth straight weekly drop.


  • Financial turmoil strikes as G-7 works for revival (Fri, 05 Feb 2010 17:55:18 EST)
    IQALUIT, Nunavut -- Global financial leaders gathered in a frigid Canadian town Friday to confront more market turmoil which served as an unsettling reminder that they still face major hurdles repairing a broken global economy.


  • Drop in jobless rate points to modest improvement (Fri, 05 Feb 2010 17:48:15 EST)
    WASHINGTON -- The job market is lurching toward improvement. It just has a long way to go.


  • Business Highlights (Fri, 05 Feb 2010 17:46:44 EST)
    WASHINGTON -- The outlook for jobs became a bit less bleak Friday when the government released January's unemployment rate showing an unexpected decline from 10 percent to 9.7 percent. It was the first drop in seven months.



  • Wall Street cuts losses, closes up with techs, materials (Fri, 05 Feb 2010 17:20:05 EST)
    NEW YORK (Reuters) - Stocks erased a midday drop to end slightly higher on Friday, closing out a volatile week punctuated by mixed signals from the labor market data and growing anxiety over fiscal problems in Europe.


  • Dollar keeps surging as jobs, debt worries persist (Fri, 05 Feb 2010 17:05:32 EST)
    NEW YORK -- The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting worries that a debt crisis in Greece was spreading to other European countries.


  • Featured Advertiser (Fri, 05 Feb 2010 17:05:32 EST)

  • Chicken parts join menu of U.S.-China disputes (Fri, 05 Feb 2010 14:47:45 EST)
    WASHINGTON/BEIJING (Reuters) - China said on Friday it will slap heavy anti-dumping duties on U.S. chicken parts, a move likely to aggravate trade ties between two of the world's most important economies at a time of strained political relations.


  • Chicken parts join menu of U.S.-China disputes (Fri, 05 Feb 2010 14:47:45 EST)
    WASHINGTON/BEIJING (Reuters) - China said on Friday it will slap heavy anti-dumping duties on U.S. chicken parts, a move likely to aggravate trade ties between two of the world's most important economies at a time of strained political relations.



  • Obama to create debt panel next week: White House (Fri, 05 Feb 2010 12:51:54 EST)
    WASHINGTON (Reuters) - President Barack Obama will take a step toward toughening U.S. fiscal discipline next week by creating a panel to help tackle the country's record deficit and mounting debt, the White House said on Friday.


  • Overseas markets respond to U.S. jobless claims, fear of E.U. economic woes (Fri, 05 Feb 2010 12:42:53 EST)
    Overseas stock markets dropped sharply for a second day Friday amid concern over the strength of the economic recovery and mounting government deficits in some European countries.


  • European debt fears plague world markets again (Fri, 05 Feb 2010 12:00:54 EST)
    LONDON -- European and U.S. stock markets fell sharply again Friday despite a surprise improvement in the U.S. unemployment rate, as investors fretted about the debt crisis enveloping Europe after Portugal's lawmakers defeated the government over its deficit reduction plan.


  • Markets down on fear of E.U. economic woes, rise in U.S. jobless claims (Fri, 05 Feb 2010 10:10:55 EST)
    Overseas stock markets dropped sharply for a second day Friday amid concern over the strength of the economic recovery and mounting government deficits in some European countries.



  • AP News in Brief (Fri, 05 Feb 2010 06:51:43 EST)
    -- Toyota says CEO will hold first news conference since massive recalls


  • Shares, euro fall on debt fears; jobs data eyed (Fri, 05 Feb 2010 05:21:39 EST)
    LONDON (Reuters) - Global shares hit three-month lows and the euro fell to an eight-month low against the dollar on Friday as euro zone sovereign debt problems and nerves ahead of U.S. jobs data led investors to dump riskier assets.


  • US-BUSINESS Summary (Fri, 05 Feb 2010 02:56:34 EST)
    Shares fall; Swiss cbank intervention boosts euro SINGAPORE (Reuters) - Asian stocks fell to five-month lows on Friday as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global economic recovery. European...


  • Shares fall; Swiss cbank intervention boosts euro (Fri, 05 Feb 2010 02:56:32 EST)
    SINGAPORE (Reuters) - Asian stocks fell to five-month lows on Friday as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global economic recovery.



  • Oil rebounds from 2010 lows as dollar pares gains (Fri, 05 Feb 2010 02:21:48 EST)
    SINGAPORE (Reuters) - Oil edged up on Friday after its biggest one-day fall since July a day ago, as intervention by the Swiss National Bank to buy euros pared dollar gains.


  • Employers likely added 5,000 jobs last month (Fri, 05 Feb 2010 01:04:00 EST)
    WASHINGTON (Reuters) - U.S. employers probably stopped cutting jobs and added 5,000 payrolls in January, the second monthly gain since the recession started in December 2007, the government is expected to report on Friday.


  • Financial turmoil strikes as G-7 officials gather (Fri, 05 Feb 2010 00:52:17 EST)
    IQALUIT, Nuvavut -- A bout of turmoil in global markets has provided sobering reminder to global financial leaders that the aftershocks from the worst recession in seven decades are far from over.


  • Asian stocks tumble amid global recovery doubts (Fri, 05 Feb 2010 00:23:53 EST)
    BEIJING -- Asian stocks tumbled Friday as ballooning European debt and a rise in U.S. unemployment claims added to fears the global recovery could slip back into recession.



  • Job losses from Great Recession about to get worse (Fri, 05 Feb 2010 00:07:44 EST)
    WASHINGTON -- Job losses during the Great Recession have been huge and they're about to get bigger.


  • Fear of E.U. economic woes, rise in U.S. jobless claims send markets plunging (Fri, 05 Feb 2010 00:00:00 EST)
    Fears about financial crises in the wobbling economies of southern Europe and an unexpected increase in U.S. jobless claims sent global stock markets reeling Thursday, posing new challenges for the European Union and the U.S. economic recovery.


  • House votes to revive pay-as-you-go budget rules (Fri, 05 Feb 2010 00:00:00 EST)
    Congress agreed Thursday to revive the pay-as-you-go budget rules that helped wipe out massive deficits and balance the budget during the Clinton administration, although the new version includes a long list of exceptions that would permit Democrats to add at least $1.5 trillion to the nation's t...


  • U.S. officials hopeful China will make concessions on currency (Fri, 05 Feb 2010 00:00:00 EST)
    Treasury Secretary Timothy F. Geithner said Thursday that he believed China would allow its currency to appreciate vis-à-vis the dollar -- a move President Obama contends is essential to the U.S. economy by making U.S. exports more competitive and lowering China's massive trade surplus.



  • Stocks tumble on worries about jobs, European debt (Thu, 04 Feb 2010 21:27:10 EST)
    NEW YORK -- Stocks buckled Thursday under the growing belief that the global economy is weaker than many investors expected and likely to stop companies from hiring. The Dow Jones industrials briefly traded below 10,000 for the first time in three months.


  • US-POLITICS Summary (Thu, 04 Feb 2010 20:20:42 EST)
    Senate will vote on job proposals next week: Reid WASHINGTON (Reuters) - Senate Democratic leaders unveiled a long-awaited "jobs agenda" on Thursday but said they would solicit Republican support before determining which elements to bring up for a vote next week. With a nervous eye on the November...


  • Fed emergency loans to banks continue to decline (Thu, 04 Feb 2010 17:57:00 EST)
    WASHINGTON -- Banks borrowed less from the Federal Reserve's emergency lending program over the past week, another sign that strains on private credit markets are easing.


  • Dollar gains as debt worries spread in Europe (Thu, 04 Feb 2010 17:55:42 EST)
    NEW YORK -- The dollar rose to its highest level against the euro in more than eight months Thursday as concerns over public debt in Europe spread.



  • Business Highlights (Thu, 04 Feb 2010 17:55:05 EST)
    -- Toyota checks 2010 Prius brakes; no word on recall


  • Business events scheduled for the coming week (Thu, 04 Feb 2010 17:38:22 EST)
    -- FRIDAY, Feb. 5 WASHINGTON - Labor Department releases employment data for January, 8:30 a.m.; Federal Reserve releases consumer credit data for December, 3 p.m.


  • Featured Advertiser (Thu, 04 Feb 2010 17:38:22 EST)

  • House agrees to $1.9 trillion more debt (Thu, 04 Feb 2010 17:15:28 EST)
    WASHINGTON -- The House on Thursday voted to allow the government to go $1.9 trillion deeper in debt - an increase of about $6,000 more for every U.S. resident that provided a vivid election-year reminder of the nation's perilous financial condition.


  • NY Fed chief worries about recovery's strength (Thu, 04 Feb 2010 17:06:10 EST)
    NEW YORK -- A top Federal Reserve official said Thursday he's worried about the weakness of the economic recovery but doesn't think the economy will slip into another recession.



  • U.S. sees China moving on currency despite rhetoric (Thu, 04 Feb 2010 16:36:07 EST)
    WASHINGTON/BEIJING (Reuters) - U.S. Treasury Secretary Timothy Geithner voiced optimism on Thursday that China would begin letting its currency appreciate, despite Beijing's dismissal of U.S. complaints that Chinese policies put American exports at a disadvantage.


  • U.S. sees China moving on currency despite rhetoric (Thu, 04 Feb 2010 16:36:07 EST)
    WASHINGTON/BEIJING (Reuters) - U.S. Treasury Secretary Timothy Geithner voiced optimism on Thursday that China would begin letting its currency appreciate, despite Beijing's dismissal of U.S. complaints that Chinese policies put American exports at a disadvantage.


  • Dow dips below 10,000 mark on eurozone debt, jobs data (Thu, 04 Feb 2010 16:32:55 EST)
    NEW YORK (Reuters) - The Dow briefly fell below the crucial 10,000 mark on Thursday as stocks suffered their worst losses in more than nine months.


  • Featured Advertiser (Thu, 04 Feb 2010 16:32:55 EST)

  • January retail sales beat but momentum could fade (Thu, 04 Feb 2010 15:59:44 EST)
    SAN FRANCISCO/NEW YORK (Reuters) - Top U.S. retail chains ended their fiscal year with better-than-expected January sales, but the current first quarter could be tougher if consumers overspent during the holiday season.



  • U.S. charges Taiwan citizen over Iran exports (Thu, 04 Feb 2010 15:50:34 EST)
    MIAMI (Reuters) - U.S. federal agents have arrested a Taiwan passport holder on charges of illegally exporting commodities for Iran's missile program in violation of U.S. sanctions, authorities in south Florida said on Thursday.


  • Locke says enforcement will help U.S. double exports (Thu, 04 Feb 2010 11:57:32 EST)
    WASHINGTON (Reuters) - The United States will insist other countries honor commitments to open their markets as it strives to meet President Barack Obama's goal of doubling exports during the next five years, U.S. Commerce Secretary Gary Locke said on Thursday.


  • Commerce secy to detail push to double exports (Thu, 04 Feb 2010 07:20:59 EST)
    WASHINGTON -- The White House wants to double exports in the coming five years, and on Thursday Commerce Secretary Gary Locke will outline how that's going to happen.


  • Locke says enforcement will help U.S. double exports (Thu, 04 Feb 2010 06:19:01 EST)
    WASHINGTON (Reuters) - Tough enforcement of trade agreements will help the United States meet President Barack Obama's goal of doubling exports during the next five years, Commerce Secretary Gary Locke said on Thursday.



  • US-BUSINESS Summary (Thu, 04 Feb 2010 02:57:55 EST)
    Asia shares slide; Toyota sinks to ten-month low SINGAPORE (Reuters) - Lingering concerns about the global economy and a host of negative local factors pushed Asian stocks lower on Thursday, with Toyota hitting a 10-month low on investor concerns over its massive vehicle recall. European stocks...


  • Asia shares slide; Toyota sinks to ten-month low (Thu, 04 Feb 2010 01:59:11 EST)
    SINGAPORE (Reuters) - Lingering concerns about the global economy and a host of negative local factors pushed Asian stocks lower on Thursday, with Toyota hitting a 10-month low on investor concerns over its massive vehicle recall.


  • Asian stocks drop after Wall Street resumes slide (Thu, 04 Feb 2010 01:44:03 EST)
    HONG KONG -- Asian stock markets retreated Thursday as an overnight slide on Wall Street undermined confidence ahead of a key U.S. jobs report and central bank decisions in Europe.


  • Featured Advertiser (Thu, 04 Feb 2010 01:44:03 EST)

  • Obama vows to get tough with China on currency (Thu, 04 Feb 2010 01:08:35 EST)
    BEIJING/WASHINGTON (Reuters) - President Barack Obama vowed to "get much tougher" with China on trade and currency rules to ensure U.S. goods do not face a competitive disadvantage, adding to a range of issues weighing on relations.



  • Bernanke starts new term with speech acknowledging critics' points (Thu, 04 Feb 2010 00:00:00 EST)
    Ben S. Bernanke officially kicked off his second term as Federal Reserve chairman Wednesday with a simple message for those who criticized him during a bruising Senate confirmation battle: I hear you.


  • Senate close to deal on credit for adding workers (Wed, 03 Feb 2010 19:30:04 EST)
    WASHINGTON -- Key Democrats and Republicans neared agreement Wednesday on plans to give businesses a tax break for hiring unemployed workers, a rare glimmer of bipartisanship in Congress that could hand President Barack Obama a badly needed political victory.


  • US-POLITICS Summary (Wed, 03 Feb 2010 19:25:35 EST)
    Obama presses Democrats on health, financial reforms


  • China warns against Obama-Dalai Lama meeting (Wed, 03 Feb 2010 18:10:06 EST)
    BEIJING/WASHINGTON (Reuters) - China warned President Barack Obama on Wednesday that a meeting with the Dalai Lama would further erode ties between the two powers, already troubled by Washington's arms sales to Taiwan.



  • China warns against Obama-Dalai Lama meeting (Wed, 03 Feb 2010 18:10:06 EST)
    BEIJING/WASHINGTON (Reuters) - China warned President Barack Obama on Wednesday that a meeting with the Dalai Lama would further erode ties between the two powers, already troubled by Washington's arms sales to Taiwan.


  • Business Highlights (Wed, 03 Feb 2010 17:29:44 EST)
    -- Toyota probe deepens amid confusion over risk WASHINGTON (AP) - Transportation Secretary Ray LaHood told Toyota owners Wednesday they should stop driving their vehicles, then quickly took back his words, adding to confusion over the safety of millions of recalled cars. Toyota, for its part, tried...


  • Private job losses decline, outlook improves (Wed, 03 Feb 2010 16:49:54 EST)
    NEW YORK (Reuters) - With jobs at the top of the U.S. political agenda, private employers reported the smallest payroll decline in nearly two years in January while the vast U.S. services sector grew slightly, data showed on Wednesday.


  • Fed must be more open, guard independence: Bernanke (Wed, 03 Feb 2010 16:40:46 EST)
    WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday said the Fed must be more transparent to the public but also guard its independence, which serves a vital public interest.



  • Pace of private sector job losses slows (Wed, 03 Feb 2010 11:01:44 EST)
    NEW YORK (Reuters) - The pace of job losses in the private sector slowed in January as employers reported the smallest payroll decline in nearly two years, while the dominant services sector grew slightly, data showed on Wednesday.


  • US-POLITICS Summary (Wed, 03 Feb 2010 02:56:49 EST)
    Illinois sets race for Obama's old Senate seat CHICAGO (Reuters) - An Illinois Democrat who won his party's nomination on Tuesday to campaign for Barack Obama's vacant Senate seat struck a populist tone, attacking his Republican opponent as part of the Washington establishment. Democratic state...


  • US-BUSINESS Summary (Wed, 03 Feb 2010 02:18:11 EST)
    Asia shares rise on U.S. cues SINGAPORE (Reuters) - Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data. European stocks <.FTEU3> were set to gain for a...


  • Asia shares rise on U.S. cues (Wed, 03 Feb 2010 02:12:57 EST)
    SINGAPORE (Reuters) - Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data.



  • Asian stocks track US higher on housing report (Wed, 03 Feb 2010 02:09:21 EST)
    HONG KONG -- Asian stock markets rose Wednesday, following Wall Street higher after encouraging reports about the beleaguered U.S. housing sector helped restore confidence in an economic recovery.


  • Obama pushes jobs plan, but still warns on deficit (Tue, 02 Feb 2010 17:42:59 EST)
    WASHINGTON (Reuters) - President Barack Obama pitched job-creation plans to recession-weary Americans on Tuesday while his advisers urged Congress to take further measures to rein in the record budget deficit.


  • Obama pushes jobs plan, but still warns on deficit (Tue, 02 Feb 2010 17:42:59 EST)
    WASHINGTON (Reuters) - President Barack Obama pitched job-creation plans to recession-weary Americans on Tuesday while his advisers urged Congress to take further measures to rein in the record budget deficit.


  • Pending home sales edge up, vacancies rise (Tue, 02 Feb 2010 17:03:05 EST)
    WASHINGTON (Reuters) - Pending sales of existing U.S. homes edged up as expected in December, while home vacancies rose in the fourth quarter, pointing to a slow and painful recovery for the troubled housing market.



  • Dollar dips ahead of ECB decision, Greece moves (Tue, 02 Feb 2010 16:55:58 EST)
    NEW YORK -- The dollar dipped Tuesday after a report on the U.S. housing market showed some improvement, sparking interest in riskier trades, while worries over Greece's debt problems eased slightly.


  • Shadowed by deficits, Obama pitches economic plan (Tue, 02 Feb 2010 16:40:57 EST)
    NASHUA, New Hampshire (Reuters) - President Barack Obama warned on Tuesday that high budget deficits could hurt U.S. economic recovery as he sought to reassure Americans that his latest budget would help create jobs and trim debt levels.


  • Shadowed by deficits, Obama pitches economic plan (Tue, 02 Feb 2010 16:40:57 EST)
    NASHUA, New Hampshire (Reuters) - President Barack Obama warned on Tuesday that high budget deficits could hurt U.S. economic recovery as he sought to reassure Americans that his latest budget would help create jobs and trim debt levels.


  • Home buyers' negotiating power gains: Zillow (Tue, 02 Feb 2010 14:18:10 EST)
    NEW YORK (Reuters) - Home buyers in much of the United States paid thousands of dollars below asking prices in December and for the first time in 11 months gained negotiating power, real estate website Zillow.com said on Tuesday.



  • US-BUSINESS Summary (Tue, 02 Feb 2010 02:52:31 EST)
    Asia shares up off 3-month lows SINGAPORE (Reuters) - Resource stocks lifted Asian shares off three-month lows on Tuesday after strong U.S. manufacturing data raised hopes the global economic recovery was on a firmer footing. But the Australian dollar sank, pulling down the euro, after the country's...


  • Featured Advertiser (Tue, 02 Feb 2010 02:52:31 EST)

  • Asia shares up off 3-month lows (Tue, 02 Feb 2010 02:35:47 EST)
    SINGAPORE (Reuters) - Resource stocks lifted Asian shares off three-month lows on Tuesday after strong U.S. manufacturing data raised hopes the global economic recovery was on a firmer footing.


  • Asia stocks mostly lower after US economic reports (Tue, 02 Feb 2010 02:21:20 EST)
    HONG KONG -- Asian stock markets were mostly lower Tuesday as positive U.S. economic reports failed to ease worries about the global recovery.


  • US-POLITICS Summary (Tue, 02 Feb 2010 02:09:01 EST)
    Obama's 2010 budget: deficit soars amid job spending



  • Oil trims gains after $75 hit, dollar stronger (Tue, 02 Feb 2010 01:15:31 EST)
    SINGAPORE (Reuters) - Oil pared gains on Tuesday as the dollar strengthened, with the market's attention turning to forecasts for steady U.S. crude inventories after prices topped $75 earlier on optimism about the economy.


  • Obama budget: Record spending, record deficit (Tue, 02 Feb 2010 00:30:05 EST)
    WASHINGTON -- Spelling out painful priorities, President Barack Obama urged Congress on Monday to quickly approve a huge new shot of spending for recession relief and job creation, part of a record $3.8 trillion budget that would boost the deficit beyond any in the nation's history while only slowly...


  • Obama budget calls for new spending to lower unemployment, help middle class (Tue, 02 Feb 2010 00:00:00 EST)
    As President Obama announced his $3.8 trillion spending plan on Monday, Republicans savaged it as a recipe for fiscal disaster, while Democrats defended the call to drive record deficits even higher to finance measures aimed at putting people back to work.


  • How Obama's budget would affect each agency (Tue, 02 Feb 2010 00:00:00 EST)
    Defense The Pentagon would get a 3.4 percent boost to its regular discretionary budget, plus extra money for the wars in Iraq and Afghanistan, according to the Obama administration's spending plans for 2011. President Obama is requesting a total of $708 billion for the Defense Department next yea...



  • Government data show an ongoing but uneven economic recovery (Tue, 02 Feb 2010 00:00:00 EST)
    In another sign of the nation's uneven economic recovery, new data released Monday showed manufacturing activity at its highest level in more than five years while consumer demand continued to moderate.


  • Business Highlights (Mon, 01 Feb 2010 17:48:01 EST)
    -- Toyota tells dealers parts on way to fix pedals


  • Stocks climb as manufacturing, spending increase (Mon, 01 Feb 2010 17:45:33 EST)
    NEW YORK -- Encouraging economic reports lifted stocks Monday and bolstered hopes that the recovery is in better shape than many had believed.


  • Dollar retreats on strong economic reports (Mon, 01 Feb 2010 17:19:47 EST)
    NEW YORK -- The dollar was mostly lower against major currencies Monday and retreated from a six-month high against the euro as strong economic reports prompted investors to dump the low-yielding U.S. currency for riskier bets.



  • Featured Advertiser (Mon, 01 Feb 2010 17:19:47 EST)

  • Manufacturing expands but shows few job gains (Mon, 01 Feb 2010 17:11:35 EST)
    NEW YORK (Reuters) - U.S. manufacturing expanded in January at its fastest pace since 2004 but consumers increased their spending only slightly in December, worried by job prospects and the state of the economy.


  • Analysis: Obama likely to miss jobs, deficit goals (Mon, 01 Feb 2010 17:06:43 EST)
    WASHINGTON -- President Barack Obama's new budget sets two major goals: creating jobs and cutting the deficit. But his own budget documents cast serious doubt on whether he'll make much headway on either.


  • Factory activity fueling modest economic recovery (Mon, 01 Feb 2010 17:04:56 EST)
    NEW YORK -- Hopes that America's factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004.


  • A look at Obama's 2011 budget for govt agencies (Mon, 01 Feb 2010 17:00:16 EST)
    WASHINGTON -- President Barack Obama's multi-trillion-dollar budget would boost spending for several government agencies while slashing the account for others. Here is an agency-by-agency glance:



  • Obama's 2010 budget: deficit soars amid job spending (Mon, 01 Feb 2010 16:32:13 EST)
    WASHINGTON (Reuters) - President Barack Obama pledged on Monday to halve a record 2010 budget deficit by the end of his first term in office, but made tackling double-digit unemployment his immediate priority with a spending plan that risked public ire and a rough battle in Congress.


  • Obama's 2010 budget: deficit soars amid job spending (Mon, 01 Feb 2010 16:32:13 EST)
    WASHINGTON (Reuters) - President Barack Obama pledged on Monday to halve a record 2010 budget deficit by the end of his first term in office, but made tackling double-digit unemployment his immediate priority with a spending plan that risked public ire and a rough battle in Congress.


  • Obama's 2010 budget: deficit soars amid job spending (Mon, 01 Feb 2010 16:32:13 EST)
    WASHINGTON (Reuters) - President Barack Obama pledged on Monday to halve a record 2010 budget deficit by the end of his first term in office, but made tackling double-digit unemployment his immediate priority with a spending plan that risked public ire and a rough battle in Congress.


  • Wall Street rallies on ISM manufacturing data, Exxon (Mon, 01 Feb 2010 16:29:58 EST)
    NEW YORK (Reuters) - Stocks rose on Monday as better-than-expected data on the manufacturing sector and earnings from Exxon Mobil revived bullish sentiment after stocks closed out their worst month in almost a year.



  • Obama export goals doable, job creation tougher (Mon, 01 Feb 2010 06:50:20 EST)
    WASHINGTON -- President Barack Obama says he wants to double exports over the next five years, supporting 2 million American jobs. The doubling is doable; the job increase is debatable.


  • Obama's $3.8 trillion budget heading to Congress (Mon, 01 Feb 2010 02:39:20 EST)
    WASHINGTON -- President Barack Obama's proposed budget predicts the national deficit will crest at a record-breaking almost $1.6 trillion in the current fiscal year, then start to recede in 2011 to just below $1.3 trillion.


  • US-BUSINESS Summary (Mon, 01 Feb 2010 02:27:57 EST)
    Are stocks set for a down year? NEW YORK (Reuters) - The adage "as January goes, so goes the year" bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. This week, they will have to contend with fears of sovereign defaults and potential unpleasantness in the...


  • Asia shares fall to three-month lows (Mon, 01 Feb 2010 02:22:17 EST)
    SINGAPORE (Reuters) - Asian stocks fell to three-month lows on Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key U.S. economic reports due this week.



  • US-POLITICS Summary (Mon, 01 Feb 2010 01:51:20 EST)
    Obama seeks to tame runaway U.S. deficits WASHINGTON (Reuters) - President Barack Obama will seek on Monday to strike a balance between taming skyrocketing U.S. budget deficits and giving the economy a boost to ease the pain of double-digit unemployment. A congressional source told Reuters that the...


  • Obama seeks to tame runaway U.S. deficits (Mon, 01 Feb 2010 01:09:31 EST)
    WASHINGTON (Reuters) - President Barack Obama will seek on Monday to strike a balance between taming skyrocketing U.S. budget deficits and giving the economy a boost to ease the pain of double-digit unemployment.


  • Obama seeks to tame runaway U.S. deficits (Mon, 01 Feb 2010 01:09:31 EST)
    WASHINGTON (Reuters) - President Barack Obama will seek on Monday to strike a balance between taming skyrocketing U.S. budget deficits and giving the economy a boost to ease the pain of double-digit unemployment.


  • Obama seeks to tame runaway U.S. deficits (Mon, 01 Feb 2010 01:09:31 EST)
    WASHINGTON (Reuters) - President Barack Obama will seek on Monday to strike a balance between taming skyrocketing U.S. budget deficits and giving the economy a boost to ease the pain of double-digit unemployment.



  • Obama's $3.8 trillion budget calls for jobs assistance, tax changes (Mon, 01 Feb 2010 00:00:00 EST)
    The $3.8 trillion budget blueprint President Obama plans to submit to Congress on Monday calls for billions of dollars in new spending to combat persistently high unemployment and bolster a battered middle class. But it also would slash funding for hundreds of programs and raise taxes on banks an...


  • White House to paint grim fiscal picture: source (Sun, 31 Jan 2010 21:25:56 EST)
    WASHINGTON (Reuters) - The White House will predict a $1.6 trillion U.S. budget deficit in the 2010 fiscal year, a fresh record and the biggest since World War Two as a share of the economy, a congressional source told Reuters on Sunday.





  • Did Eve Really Have an Extra Rib? and Other Tough Questions About the Bible (Paperback) by Ken Ham

    Greek for the Rest of Us (Hardcover) by William D. Mounce





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