Quantcast
Home » Archives » U.S. News (Page 2234)

Former Sen. Hatfield, anti-war Republican, dies

PORTLAND, Ore (Reuters) – Former Senator Mark Hatfield, a liberal anti-war Republican from Oregon, died on Sunday at age 89. In his 30 years in the Senate, Hatfield was one of the chamber’s most consistent voices against war and for curbing military spending, often putting him at odds with his…

Moody’s says U.S. needs to find more deficit cuts

NEW YORK (Reuters) – Ratings agency Moody’s repeated a warning on Monday it could downgrade the United States before 2013 if the fiscal or economic outlook weakens significantly, but said it saw the potential for a new debt agreement in Washington to cut the budget deficit before then. With U.S.…

U.S. helicopter ‘crashed in Taliban trap’

The Taliban lured US forces into an elaborate trap to shoot down their helicopter, killing 30 American troops in the deadliest such incident of the war, an Afghan official said Monday. A total of 38 people — 30 US troops, many of them special forces, plus seven Afghan commandos and…

1 dies, 1 injured at NYC triathlon

One competitor died and another was in critical condition after they ran into difficulty in the swimming phase of the Nautica New York City Triathlon. New York City police said 64-year-old Michael Kudryk of Freehold, New Jersey, was pulled unconsious from the Hudson River on Sunday morning and was thought…

S&P downgrade showed ‘terrible’ judgement: Geithner

Treasury Secretary Timothy Geithner slammed Standard & Poor’s on Sunday as showing “terrible judgement” in downgrading the US credit rating for the first time ever. “I think S&P has shown really terrible judgement and they’ve handled themselves poorly, and they have shown a stunning lack of knowledge about basic US…

Oil prices slump as U.S. downgrade stokes demand worries

World oil prices slumped Monday over fears of slowing energy demand in the United States after a shock credit rating downgrade for the world’s biggest economy, analysts said. New York’s main contract, West Texas Intermediate light, sweet crude for delivery in September, plunged $3.40 to $83.48 a barrel. Brent North…

Greenspan sees negative market take on downgrade

Former US Federal Reserve chairman Alan Greenspan said Sunday he believes the financial markets will react negatively to the downgrade of the US credit rating, and will take “a while” to settle. “Considering the momentum in which the market went down over the last week, it’s very unlikely — if…

Second U.S. recession could be worse than the first

A second recession, what many are calling the double-dip recession, could be on its way, economists warn. And should it come, it will probably be even more devastating than the previous period of economic woe. “It would be disastrous if we entered into a recession at this stage, given that…

Emergency responder network unlikely by 10th anniversary of 9/11

After the national tragedy of the September 11, 2001 terrorist attacks on the U.S., lawmakers vowed that through broadband reform, a first-responders priority network would be established. Reform being, of course, no small task, instant gratification was neither expected nor required. September 11, 2011, the 10-year anniversary of the attacks,…

Paul Ryan: Don’t call it a ‘super committee’

House Budget Committee Chairman Rep. Paul Ryan (R-WI) has plenty on his plate to worry about, between the threat of another Standard & Poor’s debt downgrade and the world market’s panic over the U.S.’s economic woes. At least one of his problems, however, is not so super. Ryan would like…

Google+