GEORGE W. BUSH

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Job creation trumps deficit reduction in poll

American voters overwhelmingly say lowering unemployment is more important than reducing the federal budget deficit, according to a Quinnipiac University poll released on Thursday.

Obama budget review may trim 2010 deficit forecast

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The Obama administration may report somewhat better fiscal news when it delivers its mid-session budget review later this week, but the United States still faces a massive deficit and rising debt. Higher corporate taxes and Wall Street's quick repayment of a taxpayer bailout could see the projected 2010 U.S. budget deficit fall a bit when the review is released on Friday.

Tax rates to stay business-friendly: Geithner

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Obama administration will keep tax rates at levels that benefit job-creating businesses and limit taxes on capital gains and dividends, U.S. Treasury Secretary Timothy Geithner said on Wednesday.
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Ex-media baron Black's fraud conviction set aside

The U.S. Supreme Court set aside on Thursday the convictions of former media baron Conrad Black and two ex-colleagues for defrauding shareholders of one-time newspaper publishing giant Hollinger International Inc.
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The Chinese Navy Faces a Critical Watershed as the East Asian Strategic Balance Changes

New strategic brinkmanship by the Democratic People's Republic of Korea (DPRK); a now-clear determination by the People's Republic of China (PRC) to more aggressively assert its territorial claims in regional waters; the near-collapse of Japanese strategic cohesion during 2010; and the increasing signs of US political caution in North-East Asia, all point to a period of strategic concern for the Republic of China, particularly in its maritime responsibilities.
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Texas Rangers file bankruptcy

The Texas Rangers baseball team filed for Chapter 11 bankruptcy protection on Monday to ease the sale of the team to a group led by team president and Hall of Fame pitcher Nolan Ryan for about $575 million.
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Texas Rangers file bankruptcy, Ryan group to buy

The Texas Rangers baseball team filed for Chapter 11 bankruptcy protection on Monday to ease the sale of the team to a group led by team president and Hall of Fame pitcher Nolan Ryan for about $575 million.
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Could growth trump unemployment in election?

If the unemployment rate remains high, it is received political wisdom that President Barack Obama's ruling Democrats will be punished by the voters in congressional elections in November.
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Obama fulfills Cairo pledge with entrepreneur summit

President Barack Obama launches a new effort on Monday to build business and social ties to the Muslim world, but analysts say the need for progress on big issues like Middle East peace will overshadow the initiative.
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Obama says auto bailouts have paid off

President Barack Obama said on Saturday taxpayer-funded bailouts of the auto industry that he approved had paid off, in what amounted to a rejection of conservative arguments against such government help.
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Private sector hiring lifts March payrolls

U.S. employers created jobs in March at the fastest rate in three years as private firms stepped up hiring, the strongest signal yet that the economic recovery is on a solid footing and needs less government help.
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China unyielding on yuan as U.S. raises pressure

China on Wednesday rejected criticism of its exchange rate policies and said it was being made a scapegoat after the U.S. Congress threatened to slap duties on Chinese goods unless it revalues its yuan.
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Senate bill would penalize China over yuan

Members of Congress on Tuesday threatened Beijing with duties on some of its exports if it fails to revalue its currency, pressuring the Obama administration to label China a currency manipulator.
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Q+A: Make-or-break months for Afghanistan war

An upcoming U.S.-led military campaign to regain control of the Taliban heartland of Kandahar will be a decisive phase in the Afghan war, Defense Secretary Robert Gates told frontline troops this week.
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Billionaire Pinera takes power in Chile

As the ground shook and buildings swayed, conservative billionaire Sebastian Pinera took office as Chile's president on Thursday, tasked with rebuilding after a massive earthquake killed hundreds just 12 days ago.
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Citi's Pandit blesses reforms amid watchdog doubts

Citigroup Inc Chief Executive Vikram Pandit on Thursday voiced support for key Obama administration financial reform goals, including a consumer protection authority, but government watchdogs questioned his earnestness.
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Comic startup cashes in on star power

When Barack Obama merely mentioned how much he liked his BlackBerry, the unofficial endorsement was said to be worth as much as $50 million. While not in the same stratosphere, a small comic book startup is using caricatures of the president, First Lady Michelle Obama and other big names to drive up sales.
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Congress extends Patriot Act, no new protections

Legislation to extend expiring provisions of the anti-terror USA Patriot Act won final congressional approval on Thursday, with Democrats unable to add additional civil liberties protections.
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China says Obama hurt ties by meeting Dalai Lama

China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation.

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