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Credit card legislation faces Senate test

WASHINGTON — Propelled through the House by anti-business sentiment in tough economic times, legislation putting new reins on the credit card industry now goes to the Senate, where the bill's prospects appear promising.

US Justice Souter retiring

WASHINGTON — The retirement of a veteran Supreme Court justice will give President Barack Obama his first opportunity to fill a vacancy on the highest U.S. tribunal.

After struggle, Chrysler succumbs to bankruptcy

DETROIT — The first sound of the gavel in Chrysler's bankruptcy case might as well be the bang of a starter's pistol.

Chrysler will file for Chapter 11 bankruptcy

WASHINGTON — Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to come up with a restructuring plan, President Barack Obama said Thursday.

Longtime Miss. lawmaker Young dies at 77

JACKSON, Miss. — Rep. Charles L. Young Sr., a longtime Mississippi lawmaker, civil-rights activist and president of a company that manufactures Black hair-care products, died Wednesday at a Meridian hospital. He was 77.

First 100 Days: Obama earns ‘A’, with ‘incomplete’ for grassroots economics

WASHINGTON – Today marks the 100th day in office for America’s first Black president.

Study: Kan. could be exporter of renewable energy

HUTCHINSON, Kan. — A national study has found Kansas has the potential to become a major exporter of renewable energy, producing many new jobs and new tax revenue.

Lawmakers advancing much of Obama’s budget agenda

WASHINGTON — A budget pact reached on Capitol Hill would endorse President Barack Obama's agenda by his 100th day in office while putting off a series of difficult decisions on health care, global warming and taxes.

Obama administration expands housing aid plan

WASHINGTON — The Obama administration said Tuesday it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives to lower borrowers' bills on second mortgages.

Government, major Chrysler debtholders reach deal

WASHINGTON — A person familiar with the talks says the Treasury Department has reached a tentative agreement with four of Chrysler's major debtholders as the automaker races to stave off bankruptcy.
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