.

  • Tropical storm plus oil slick equals more fear and uncertainty

    The disaster thousands of feet deep in the Gulf of Mexico may be exacerbated by a different type of calamity in the coming week -- a tropical storm -- that could push the oil farther along Florida's pristine Panhandle beaches.

    Tropical Storm Alex -- the first named storm of the 2010 Atlantic hurricane season -- formed in the Caribbean on Saturday. Alex had maximum sustained winds of 40 mph and was about 250 miles away from Chetumal, Mexico. It was moving toward Belize and over the Yucatan Peninsula.

    more

  • Obama (again) touts Wall Street package

    President Obama again promoted a new package of Wall Street regulations in his Saturday radio address, telling listeners that "we are on the cusp of enacting the toughest financial reforms since the Great Depression."

    Taping the address Friday just hours after House and Senate negotiators put together a final bill, Obama said the new plan would "empower our people with consumer protections" and prevent the kind of financial meltdown that gutted the economy in 2008.

    more

    • Subscribe to: Posts (Atom)