WASHINGTON (AP) - Treasury Secretary Timothy Geithner defended the bank rescue program devised by the Obama administration Tuesday as the International Monetary Fund predicted U.S. financial institutions could lose $2.7 trillion from the global credit crisis. Geithner, testifying before the rescue plan's Congressional Oversight Panel, faced several questions about how Treasury is using the $700 billion Troubled Asset Relief Program and how it intends to help rid financial institutions of their bad loans ...
BIRMINGHAM, Ala. (AP) - A line of storms swept across the Southeast with 70 mph winds and possible tornadoes, killing two people in their mobile homes in north Alabama, authorities said Monday.
SAVANNAH, Ga. (AP) - Attorneys for Imperial Sugar say a whistleblower faked a report that he says warned company executives of explosive dust hazards days before a deadly blast at the company's sugar refinery near Savannah.
WASHINGTON (AP) - The number of people receiving jobless benefits exceeded 6 million for the first time, the government reported Thursday, and housing construction unexpectedly plunged to its second-lowest level on record - fresh evidence that the recession is far from over.
ATLANTA - Lt. Gov. Casey Cagle fought back tears Wednesday as he reluctantly dropped out of the race for governor, saying he has a degenerative spine condition that will require surgery. The surprise announcement immediately scrambled the crowded contest to replace Gov. Sonny Perdue when his second term expires in 2010. Cagle was considered a front-runner for the Republican nomination with the primary still more than one year away. The 43-year-old Republican from Gainesville said ...
WASHINGTON (AP) - Despite the dismal economy, motorists may want to take to the road this summer. The federal government says gasoline prices are expected to stay relatively low.
WASHINGTON (AP) - Retail sales fell unexpectedly in March, delivering a setback to hopes that the economy's steep slide could be bottoming out. President Barack Obama and Federal Reserve Chairman Ben Bernanke said in separate speeches Tuesday that while other recent economic signs have been hopeful, problems persist and a true recovery will take more time. The Commerce Department said retail sales dipped 1.1 percent in March. It was the biggest decline in ...
WASHINGTON (AP) - President Barack Obama promised Monday that the U.S. would seek to halt the increasing threat of piracy off the Horn of Africa.
Five years ago, it was the stuff of science fiction: Replace someone's face with one from a dead donor. But on Thursday, Boston doctors performed the world's seventh such transplant - less than a week after one in France - and plans are in the works for more.
BAGHDAD (AP) - A suicide truck driver detonated a ton of explosives near a police headquarters in the northern city of Mosul on Friday, killing five American soldiers in the deadliest attack against U.S. troops in more than a year. The U.S. military said Iraqi police were the bomber's target and that the Americans were caught up as bystanders. The horrific blast, believed to have been carried out by Sunni extremists, is likely ...
WASHINGTON (AP) - President Barack Obama declared Friday that the slumping economy has begun to show "glimmers of hope," but cautioned that it remains severely stressed and will require lots more work to turn it around.
GARDEN CITY, N.Y. (AP) - Some hospitals report seeing more than twice as many shaken babies as a year ago. Deaths from domestic violence have increased sharply in some areas.
SINGAPORE (AP) - Oil prices rose to above $50 a barrel Thursday in Asia as stronger-than-expected results from U.S. retailers suggested the worst of a plunge in American consumer spending may be over.
ATLANTA (AP) - Almost all of Georgia has escaped from the epic drought. State Climatologist David Stooksbury said Friday that only the basins around Lake Lanier and Lake Hartwell are still stuck in drought after several days of heavy rain dumped inches of rain on Georgia. Stream flows and soil moisture levels across much of Georgia are well above normal. About the only sore spots remaining are the basins of the two lakes, both ...
CHARLOTTE, N.C. (AP) - While acknowledging that the Federal Reserve was "extremely uncomfortable" about last year's bailouts of big financial companies, Fed Chairman Ben Bernanke said Friday the central bank's strategy to ease the financial crisis is working.
JESUP - The Georgia Department of Transportation announced Monday that to help travelers during the upcoming Memorial Day weekend, construction-related lane closures on all interstate and major state-system highways would be suspended from noon Friday, May 24, to 5 a.m. Tuesday, May 28.
Effective immediately, the Georgia Environmental Protection Division will prohibit new groundwater withdrawals in the Coastal Georgia counties of Chatham, Bryan, Liberty and the portion of Effingham County south of Highway 119.
A May 14 Department of Defense news release announced Secretary of Defense Chuck Hagel's directive that furloughs will begin for DoD civilians after July 8. Fort Stewart Public Affairs Officer Kevin Larson confirmed that civilian personnel managers at Stewart are preparing for the furloughs but noted that details had to be worked out locally.
WASHINGTON, May 14, 2013 - Defense Secretary Chuck Hagel announced today that he has signed a memorandum directing defense managers to prepare to furlough most Defense Department civilian employees for up to 11 days between July 8 and the Sept. 30 end of the fiscal year.
Leland Smith, a 79-year-old great-grandfather from Jesup, recently won a $100,000 playing the Monopoly Millionaire instant game.
Armstrong Atlantic State University on Wednesday announced a major initiative for the Armstrong-Liberty Center. In partnership with the city of Hinesville, the university will build an expanded, new facility in downtown Hinesville to accommodate more students, programs, classroom and laboratory space.
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