Obama saving 9 million homeowners

More than 3 million owners have lost their homes during the past three years, and almost 5 million more could follow this year through 2011, Share

Obama signs $787,000,000,000 stimulus bill

President Barack Obama has signed probably the most noteworthy bill since taking office – the $787,000,000,000 stimulus bill. Share

Industry survey confirms worsening recession

As we come to the end of January 2009, with President Obama in office and stimulus packages as well as bailouts well under way Share

As Obama takes oath, Banks plunge deeper into crisis

The shares of major U.S. banks plunged on Tuesday amid fears that Washington’s bailout movements were coming to a stop. Share

$100 billion for U.S. home crisis

Last Thursday, U.S. President-elect Barack Obama’s administration announced plans to address the home mortgage crisis Share

2008 sees gigantic drop in the US stock market

The year 2008 is coming to an end. The two most memorable events this year that will probably go down in history books include Share

Economic crisis makes Obama’s job even harder

The times lying before Obama are tough and definitely very serious. As a recent article published on tennessean.com reports: “The wave of bad economic news that helped carry Barack Obama into the presidency this month now threatens to swamp him...

Obama on the global crisis

The Guardian reports that Obama has named his economic crisis team. Only a few days after being elected as the first Black President of the USA, Barack Obama announces his team of 17 members that will help him tackle the problem of the economic crisis. The...