Wall Street's confronted with a crisis of confidence, keeping stocks way down. We last saw the Dow losing more than 260 points at 9,869, NASDAQ down nearly 4% at 2,135. Few factor is playing into this. Details are now from NPR's Yuki Noguchi. The Eur...
From NPR News in Washington, I'm Lakshmi Singh. Supreme Court nominee Elena Kagan's Senate confirmation hearing is underway, beginning with a swearing-in by Senator Patrick Leahy. Do you solemnly swear the testimony you are about to give in this matt...
World leaders meeting in Toronto appear to have reached consensus on the importance of cutting government deficits. As NPR's Jim Zarroli reports they pledge today to reduce deficits in half by 2013. The leaders are meeting at a time when the global e...
Homing in on global security challenges at their Toronto summit, leaders of the eight wealthiest nations urged Iran to stop its nuclear saber-rattling, and NPR's Jim Zarroli says the G8 also condemned North Korea's recent attack on a South Korean shi...
President Obama is praising congressional negotiators for working out a deal on an overhaul of the rules governing Wall Street, and he is carrying his victory to Canada. This weekend in Toronto, I hope we can build on this progress by coordinating ou...
Defense Secretary Robert Gates says he fully supports President Obama's decision to appoint General David Petraeus to replace General Stanley McChrystal as the top commander in Afghanistan. And as NPR's Rachel Martin reports Gates says the strategy t...
The top US commander in Afghanistan General Stanley McChrystal is out. President Obama made the announcement after hearing about disparaging remarks the general and his aides made about members of the national security team. We need to remember what...
The top US commander in Afghanistan, General Stanley McChrystal, is in hot water with the White House for some derogatory comments he made during an interview for a magazine article. The remarks were controversial enough to have him summoned to the W...
Triple-digit gains on Wall Street have(口误) been wiped out. At last check, the Dow was down eight points at 10,443, NASDAQ losing 20 points at 2,289. We'll check back on those numbers a little bit later on. About 35% of the more than million homeo...
President Obama's chief of staff says there is a political opportunity for the White House to pass a robust new energy bill following the Gulf Coast disaster. NPR's Neda Ulaby reports. Rahm Emanuel, never known for mincing words, says there is a chan...
BP's Tony Hayward is the object of more outrage today after the Associated Press reported the CEO took today off. Instead of overseeing efforts to stop the oil spill in the Gulf of Mexico, Hayward watched a yachting race in England, which included hi...
The administrator of the 20-billion-dollar escrow fund being established to help victims of the BP oil spill in the Gulf says he plans to pay legitimate claims quickly. In an interview of NPR's All Things Considered, Ken Feinberg says he hopes to pay...
BP CEO Tony Hayward, testifying before Congress for the first time since the oil rig explosion in April, says he is deeply sorry for the deadly blast and the oil spill, but as NPR's Giles Snyder reports, the BP chief is getting little sympathy. The d...
President Obama's first big meeting with BP executives at the White House reaffirms that BP would be held liable for the Gulf oil spill until communities are whole again. BP is a strong and viable company, and it is in all of our interests that it re...
Another setback for BP today: a small fire broke out on a ship that's been drawing up crude from the source of the mammoth oil spill in the Gulf of Mexico. The fire's out; no one was injured. But NPR's Richard Harris says it did stop containment effo...
