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Oprah makes $60M in one day from Weight Watchers deal

Weight Watchers (WTW) may help dieters lose weight – but the stock is padding Oprah Winfrey’s fortune by $60 million in just a day. Just the word that Winfrey took

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Report to Congress warns of rising financial threats

A new government report to Congress warns of rising threats to U.S. financial stability, including the looming risk of surging corporate loan defaults. While big banks and other systemically important financial institutions have been steadily reducing their risks since the

Obama, Merkel hint at disagreements on Ukraine

President Obama and German Chancellor Angela Merkel presented a united front against Russia in talks at the White House Monday, saying they would continue to mount diplomatic and economic pressure to get Russia to withdraw from Ukraine. There were hints

Obama wants end of sequester, seeks 7% spending hike

Heralding a new budget battle with congressional Republicans, President Obama called Thursday for an end to the automatic budget cuts known as sequestration and proposed a 7% hike in spending above those limits. “Let’s make sure that we’re funding the

obama health care gets 4.2 million boost

In a report announced on Tuesday by the Department of Health and Human Services an estimated 4.2 million people had enrolled in the private plans through Obama’s health insurance exchange. This figure was reached on March 1st when the department

1 trillion dollar hike in tax revenue: obama’s new budget plan

The President of the United States, Barack Obama said on Tuesday that he plans to raise $1 trillion over the time frame of 10 years by implementing changes in the taxation policy, shutting loopholes and tackling down on enforcement. An

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