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Newsroom Headlines

May 12003

  May 1, 2003 Greenspan Optimistic on Economy but Cites Risk Federal Reserve Chairman Alan Greenspan said on Wednesday he remains hopeful the end of the Iraq war will result in stronger economic

April 302003

  April 30, 2003 Bankruptcy Bill Included in Majority Leader's May Agenda Senate Majority Leader Bill Frist (R-Tenn.) has laid out an ambitious legislative schedule for the four weeks prior to the

May 52003

  May 5, 2003 U.S. Economy: Jobless Rate Rises to 6 Percent, Payrolls Fall U.S. companies cut payrolls for a third consecutive month in April, the jobless rate rose to tie an eight-year high of 6

May 62003

  May 6, 2003 Fed Expected to Leave Rates Unchanged The fragile post-war economy is expected to gradually grow stronger this year as uncertainties weighing on American businesses and consumers lift

May 92003

  May 9, 2003 Weak Reports on Jobs and Retail Sales Send Stocks Down Stocks fell for a second day yesterday, eroding gains from a recent rally, as weak jobs data and weak retail sales reports renewed

May 82003

  May 8, 2003 U.S. March Consumer Credit Rises $931 Million The rise in U.S. consumer debt slowed in March as auto borrowing declined, Federal Reserve statistics showed, Bloomberg News reported

May 122003

  May 12, 2003 Senate Finalizes Legislation on Asbestos Liability Intense private-sector negotiations over asbestos liability are winding down, as Senate Judiciary Chairman Orrin Hatch (R-Utah) plans

May 72003

  May 7, 2003   Hatch Bill to Set Asbestos Compensation Fund at $108 Billion Senate Judiciary Chairman Orrin Hatch (R-Utah) said he is close to ending private sector negotiations aimed at crafting a

May 192003

  May 19, 2003 Senate Judiciary Votes To Create New Judgeships A simple bill to create a single federal district judgeship in Idaho ballooned in the Senate Judiciary Committee last Thursday into a

May 152003

  May 15, 2003 Pension Bill Passes House The House voted 271-157 on Wednesday to approve pension legislation that backers say will enable employees to diversify their retirement investments by selling