UNITED STATES

US Treasury Lifts Sanctions Against Former Syrian PM Riyad Hijab

Riyad Hijab
The US Treasury announced that they are unfreezing the assets of former Syrian Prime Minister Riyad Hijab as a direct result of his defection from Syria. Hijab has been an outspoken opponent of Bashar al-Assad's regime since his resignation and flight to Jordan at the beginning of August.
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Paul Ryan: The Perfect Foil To Barack Obama

Mitt Romney couldn’t have made a better selection for his vice presidential nominee than Paul Ryan, or a better foil to highlight President Barack Obama’s shortcomings.
Saks Fifth Avenue

Wealthy Buyers Prop Up Sales At Saks, Michael Kors

Saks Inc. (NYSE: SKS) and Michael Kors Holdings Ltd. (NYSE: KORS) are both benefitting from wealthy consumers, offsetting global economic turmoil and an uncertain U.S. economy, the companies said Tuesday.
General Motors headquarters at the Renaissance Center in Detroit

Auto Bailout To Cost Extra $3.4B

The cost of the 2009 bailout of the U.S. automotive industry by the federal government will cost the country $3.4 billion more than was previously estimated, reports said Tuesday.
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Google Shares Set New Record High Despite Motorola Setbacks

Shares of Google (Nasdaq: GOOG), the No. 1 search engine, set a new record high of $672.23 Tuesday, a day after the Mountain View, Calif., announced it would take a $275 million charge for firing 4,000 employees of its new Motorola division.
2012 Election

US Rep. Ryan's V. President Obama's Medicare Cuts: A Primer

The Obama campaign is warning that newly-minted vice presidential candidate Paul Ryan's Medicare proposal will "end Medicare as we know it." Mitt Romney has vowed to shield Medicare from what he calls a ruinous cutbacks imposed by the Affordable Care Act. Which campaign is being accurate?
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Taiwan And Japan: Two Nations With Long History Stuck In Limbo

Taiwan and Japan have an awkward relationship that is compromised and complicated by various intractable issues - namely, Mainland China, which claims Taiwan as its own territory and has compelled most nations of the earth to deny diplomatic recognition of the island.
US Retail Sales

US Retail Sales Rise More-Than-Expected In July

Retail sales in the U.S. rose in July for the first time in four months and topped economists' forecast as demand rose across the board from cars to building materials, suggesting that the biggest driver of the economy is gaining momentum.
Paul Ryan

Ryan Republican VP Nomination May Not Attract Jewish-American Vote

Mitt Romney's close ties with Benjamin Netanyahu and his trip to Israel were supposed to attract more Jewish-American votes this fall. But Paul Ryan's proposed budget cuts to Social Security and Medicare might push some senior citizen Jewish-American Florida residents back into the Obama column.
Traders work on the floor of the New York Stock Exchange

Stimulus Measure Hopes Lift US Stock Futures

U.S. stock index futures point to a higher open Tuesday amid hopes that central banks around the world will announce stimulus measures to boost the economy and regain the growth momentum.

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