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Automakers await Congress 1:24 Report

Nov. 17 - Detroit automakers look to Congress for funding they say is necessary for their very survival.

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Fed maintains "extended period" pledge on rates

WASHINGTON (Reuters) - Voicing some optimism about a stabilizing economy, the Federal Reserve on Wednesday left its benchmark federal funds rate on hold near zero and reminded markets that it will let most of its special liquidity facilities expire by early next year.

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An an exit sign is pictured in New York City October 14, 2006. REUTERS/Lucas Jackson
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No stimulus exit in sight

The man who predicted the fallout from the property bubble says it's still too early to talk about exiting easy money policies. In fact, more stimulus is on the way.  Full Article 

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A long-range, improved Sejil 2 missile is test-fired in the desert at an unknown location in Iran in this Iranian military handout distributed by Fars news agency on December 16, 2009.

Iran tests upgraded missile

Hardline rulers send uncompromising signals to foes at home and abroad, testing a missile that could reach Israel and warning of legal action against opposition leaders.  Full Article | Video 

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