WHITE HOUSE

S&P Downgrade: How does it affect McGraw-Hill?

Standard & Poor's headquarters in New York's financial district
The amount of negative attention Standard & Poor's has received since its decision to downgrade U.S. long-term debt, would make it seem like the rating agency is public enemy number one.
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President Barack Obama

Obama Says U.S. is Still a AAA Country

President Barack Obama on Monday blamed a downgrade in the United States' credit rating on political gridlock in Washington and said he would offer some recommendations on how to reduce federal deficits.
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DEFCON Kids: Grooming Next Generation White Hat Hackers

Some of the most explosive teenage talent in the world is engrossed in the dark art of illegal hacking and waging cyber wars on governments and corporations. And then there are those young children who master the art of legal hacking in schools run by former hacking wizards.
U.S. Treasury Secretary Timothy Geithner makes opening remarks at the Women in Finance Symposium at the Treasury Department in Washington

Geithner to stay on as Treasury chief

Treasury Secretary Timothy Geithner, who had considered stepping down after the government borrowing limit was raised, confirmed on Sunday that he will remain at his post at President Barack Obama's request.
Afghan President Hamid Karzai speaks during a meeting with U.S. senator John Kerry in Kabul

NATO investigates deadly Afghan helicopter crash

NATO tried to determine on Sunday if Taliban insurgents had shot down a troop-carrying helicopter in Afghanistan, killing 38 in the largest loss of life suffered by foreign forces in a single incident in 10 years of war.
Smoke is seen near a tank at Al-Bahra roundabout in Hama in this still image taken from video

Syrian Army Deploys Across Hama After Attack

Activists said the death toll in protests across Syria a day earlier, when tens of thousands of demonstrators took to the streets on the first Friday of the Muslim holy month of Ramadan, had risen to 26.
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China flays US over credit rating downgrade

The United States lost its top-tier AAA credit rating from Standard & Poor's, drawing a blast of criticism on Saturday from its biggest creditor China and deepening investors' alarm over the euro zone's debt crisis.

Path to debt deal was too divisive: White House

The path to a debt deal took too long and was too divisive, and lawmakers must now work together to strengthen the country's fiscal position and spur growth, White House spokesman Jay Carney said on Saturday.
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U.S. Credit Downgrade: Is S&P Reliable?

The United States wouldn't enjoy "risk-free" top AAA credit rating any longer. Standard & Poor's decision, being questioned by many including the White House, to downgrade AAA rating to AA+ was based on an analysis which blew up U.S. deficits by $2 trillion.
lahood

FAA Shutdown Update: Temporary Compromise Reached

Amidst union stalemates and subsidy negotiations, Congress passed a temporary bi-partisan reauthorization bill on Thursday that would allow the Federal Aviation Administration to collect taxes and return thousands of employees back to work after the shutdown.

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