The U.S. is looking at its aid to the Palestinian Authority, whose ruling party made peace with Hamas, considered a terrorist organization by the U.S.
Posted In: Wall Street
The trial of Raj Rajaratnam could discourage future insider trading, but some say the effects would be short-lived.
Posted In: Banks
The Senate panel investigating the cause of the financial crisis has released a report today containing new information on what lead up to the banking collapse. Senator Carl Levin is now calling for an investigation into Goldman Sachs for misleading Congressional investigators.
Later this morning, President Obama will outline his plans for reducing the long-term deficit. The proposal is expected to focus on cuts to entitlement programs and tax increases.
Details of last week's budget battle are trickling out this morning. The budget agreement, reached on Friday, cut federal spending by $38 billion and avoided a government shutdown.