The Supreme Court will not stop a school district from blocking a group of Christian students from forming a Bible club on campus. The court on Monday refused to hear an appeal from high school students who wanted to form the Truth Bible Club at Kentridge…
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Supreme Court – United States Supreme Court – School district – United States – Government
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Court won’t get involved in Bible club question
Investors are beginning a holiday-shortened week on a cautious note. Stocks seesawed in light trading early Monday, following mixed moves in overseas markets. Stocks in Asia were lower, while European markets advanced. As the second quarter comes to a close,…
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Business – United States Department of Commerce – Investing – Commodities and Futures – Consumer Confidence Index
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Stocks mixed ahead of week’s key data
U.S. District Judge Denny Chin says the federal probation department recommends that Bernard Madoff get 50 years in prison for a multibillion-dollar fraud scheme. Madoff’s lawyer has asked a judge to give his 71-year-old client 12 years behind bars….
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Bernard Madoff – Manhattan – Life imprisonment – Fraud – Business
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Bernard Madoff in court for fraud sentencing
The Supreme Court has refused to allow victims of the Sept. 11 attacks to pursue lawsuits against Saudi Arabia and four of its princes over charitable donations that were allegedly funneled to al-Qaida. The court, in an order Monday, is leaving in place the…
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Saudi Arabia – Al-Qaeda – September 11 attacks – Supreme court – Middle East
BASEL, Switzerland (Reuters) – Unprecedented attempts to stimulate economic growth may fail to bring a sustained recovery, yet withdrawing them too late could be even more risky, leading central bankers said on Monday.
LONDON (Reuters) – Oil rose above $70 a barrel on Monday after Nigeria’s main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency (IEA).
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Oil rises above $70 after Nigeria attack reports
NEW YORK (Reuters) – U.S. stocks opened slightly higher on Monday as signs of life in the global economy kept U.S. investors optimistic over the prospects of a recovery, and rising oil prices boosted energy shares.
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Wall Street opens higher on economy bets, energy
Oil prices rose to near $70 a barrel Monday on news that militants in Nigeria attacked an offshore oil platform belonging to Royal Dutch Shell PLC. Traders also were awaiting a fresh batch of economic indicators due later this week for signs of improvement in…
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Asia – Singapore – United States Economy – US – Business
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Oil rises to near $70 on another attack in Nigeria
Long before the nation faced a political crisis, it was in a financial bind. Now things will only get worse
Long before the nation faced a political crisis, it was in a financial bind. Now things will only get worse
(Reuters) – The credit card industry will continue to provide one of the most lucrative returns of the asset classes within banks’ portfolios even after new U.S. credit card rules are put in place, analysts at Keefe, Bruyette and Woods said.
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Credit card industry to remain lucrative: study
What if party boss Zhao Ziyang, purged after the Tiananmen crackdown in 1989, had been able to promote political reform?
Several hundred spectators have arrived at federal court in New York to witness the sentencing of Bernard Madoff for a multibillion-dollar fraud scheme. Dozens of victims of a fraud that lasted decades lined up outside the New York courthouse Monday along…
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Bernard Madoff – Manhattan – Life imprisonment – Fraud – Business
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Spectators flock to court for Madoff sentencing
CHICAGO (Reuters) – Congress is eyeing ways to make sure speculative trading helps commodity markets rather than distorting pricing signals, U.S. Agriculture Secretary Tom Vilsack said in a Reuters Television interview Monday.
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Congress eyes market impact of speculators: Vilsack
Facing a cash crunch and political deadlock, the largest state may resort to IOUs starting Thursday
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California: Put it On the Tab