By Sandrine Rastello and Rebecca Christie –

U.S. President Barack Obama. Photographer: Joshua Roberts/Bloomberg

The U.S. financial system remains fragile and banks subjected to additional economic stress might need as much as $76 billion in capital, according to the results of International Monetary Fund stress tests.
The findings, released today as part of a broader IMF report [...]

Friday, July 30, 2010
By Matt Cover, Staff Writer

L. Brent Bozell III, president of the Media Research Center – the parent organization of CNSNews.com
(CNSNews.com) – Conservative media watchdog L. Brent Bozell III has issued an open letter to Washington Post Executive Editor Marcus Brauchli calling on the Post to fully divulge the involvement of its employees [...]

Friday, July 30, 2010
By Fred Lucas, Staff Writer

(CNSNews.com) – The Obama administration is phasing out a program that allows underprivileged children to get scholarships to expensive private schools in Washington, D.C., such as Sidwell Friends, the school the Obama girls attend, where tuition runs about $31,000 a  year.
 
Nevertheless, Obama on Thursday spoke about his “obligation to lift [...]

The Washington Times
by Stephen Dinan
With Congress gridlocked on an immigration bill, the Obama administration is considering using a back door to stop deporting many illegal immigrants – what a draft government memo said could be “a non-legislative version of amnesty.”
The memo, addressed to U.S. Citizenship and Immigration Services Director Alejandro Mayorkas and written by four [...]

Share Business ExchangeTwitterFacebook| Email | Print | A A A

By Justin Blum and David Voreacos

July 29 (Bloomberg) — Oracle Corp., the world’s second- biggest software maker, was sued today by the U.S. Justice Department, which claimed the company overcharged the government on a contract worth hundreds of millions of dollars.
Oracle defrauded the government on a [...]

By  Jim Meyers | Newsmax
Sheriff Joe Arpaio, the controversial top cop in Maricopa County, Ariz., tells Newsmax he will jail any protesters who attempt to block his jail on Thursday when provisions of his state’s tough new immigration law take effect.

By Edwin Mora | CNSNews.com
Some Mexican drug-trafficking organizations (DTOs) are involved in smuggling potential terrorists across the southwestern border, according to the Government Accountability Office.
 
“Aliens from countries of special interest to the United States such as Afghanistan, Iran, Iraq, and Pakistan (known as special-interest aliens) also illegally enter the United States through the [southwest border] [...]

By Avery Johnson, Jonathan D. Rockoff and Anna Wilde Matthews | The Wall St. Journal
Insured Americans are using fewer medical services, raising questions about whether patients are consuming less health care as they pick up a greater share of the costs. 
The drop in usage is showing up as health-care companies report financial results. Insurers, lab-testing [...]

By Dunstan Prial | FOXBusiness
So much for transparency.
Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act.

Thursday, July 29, 2010
By Fred Lucas, Staff Writer

Washington (CNSNews.com) – More than 30 pro-life organizations are calling on senators to investigate Supreme Court nominee Elena Kagan’s record with regards to partial-birth abortion while serving as a Clinton administration attorney.

Wednesday, July 28, 2010
By Pete Winn, Senior Writer/Editor

(CNSNews.com) – It seems like a nice gesture – an e-mail message from a loving wife, urging thousands of people to join her in wishing her husband a happy 49th birthday by signing an electronic birthday card.
 
But in Washington, D.C., nothing is that simple.
The wife, in this case, is First lLdy Michelle [...]

 
By Marilyn M. Brannan, Assoc. Editor
IRN/USA News
July 23, 2010
Last December, when a majority of Americans were caught up in holiday preparations (and probably paying less attention than usual to the political machinations in Washington), President Obama quietly signed an executive order that makes the International Criminal Police Organization (INTERPOL), operating on our soil, immune from [...]